Mequon, Ozaukee County, Wisconsin Property Taxes
Median Mequon, WI effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Mequon, WI home value: $443,900
Median annual Mequon, WI tax bill: $5,263, $2,863 higher than the national median property tax bill of $2,400.
How are property taxes in Ozaukee County calculated?
Property taxes in Mequon, WI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Mequon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mequon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mequon, Ozaukee County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$5,282
$4,902
Ownwell’s Mequon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mequon with just two data points.
By entering your property's estimated assessed value, our calculator applies Mequon’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Ozaukee County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Mequon, Ozaukee County, Wisconsin
Local government entities set tax rates, and these can vary significantly within a state. This variation arises because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Mequon, located in Ozaukee County, Wisconsin, the effective property tax rate offers a glimpse into the local tax landscape. When comparing Mequon's rate to other cities in Wisconsin, you may notice differences that reflect the unique budgetary needs and property values of each area. Wisconsin's median property tax rate is higher than the national median, highlighting the state's emphasis on funding public services through property taxes.
By examining these rates, property owners can gain insights into their tax obligations and how they align with both state and national trends. Understanding these differences is crucial for making informed decisions about property investments and financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mequon Tax Rate
1.19%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ozaukee County Tax Rate
1.24%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Mequon, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53092 | 1.16% | 1.18% | 1.20% | 1.22% | 1.23% |
| 53097 | 1.02% | 1.06% | 1.15% | 1.19% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Mequon, Ozaukee County, Wisconsin
When examining property taxes in Mequon, WI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ozaukee County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ozaukee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Mequon. For example, the median home price in Mequon is $443,900, with tax bills ranging significantly across the county. Zip code 53092 has the highest median home price at $448,400.
Property Tax Assessment Values Across Mequon, Ozaukee County, Wisconsin
Source: Ownwell
$207,100
$505,950
$804,800
Median Mequon Market Value
$443,900
Median Ozaukee County Market Value
$339,400
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mequon, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53092 | $263,160 | $334,400 | $448,400 | $649,250 | $890,500 |
| 53097 | $255,850 | $323,425 | $429,100 | $648,775 | $938,700 |
Source: Ownwell
Property Tax Bills Across Mequon, Ozaukee County, Wisconsin
In Mequon, located in Ozaukee County, WI, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in the area is $443,900. Homeowners in Mequon typically face higher property tax bills compared to the national median of $2,400, with the 25th percentile tax bill at $3,879 and the 75th percentile reaching $7,818. The highest median tax bill in the area is $5,385 in the 53092 ZIP code, while the lowest median is $4,952 in the 53097 ZIP code. These figures illustrate the significant impact property taxes have on homeowners' expenses.
Factors such as changes in property value and local government budgets can influence tax bills. To alleviate the financial burden, homeowners can turn to Ownwell for assistance. Ownwell specializes in property tax appeal and exemption services, helping to identify potential savings and ensuring homeowners pay only their fair share. By leveraging Ownwell's expertise, homeowners in Mequon can potentially reduce their property tax bills and achieve financial relief.
Median Mequon Tax Bill
$5,263
Median Ozaukee County Tax Bill
$4,109
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Mequon, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53092 | $3,059 | $3,964 | $5,385 | $7,881 | $10,885 |
| 53097 | $2,813 | $3,614 | $4,952 | $7,641 | $10,303 |
Source: Ownwell