Walworth County Property Taxes
The median property tax rate in Walworth County is 1.30%, which is higher than the national median of 0.99% but lower than the Wisconsin state median of 1.58%. With a median home value of $260,578, the typical annual property tax bill in Walworth County is around $3,583, surpassing the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often less than the actual market value due to various exemptions like those for primary residences and agricultural properties. Understanding Walworth County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in a city like Lake Geneva or another part of Walworth County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Walworth County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$3,388
$3,144
Ownwell’s Walworth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Walworth with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Walworth to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Walworth County, Wisconsin
Property taxes in Walworth County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Walworth County is 1.30%, which is higher than the U.S. national median of 0.99%. Local government entities within Walworth County set these rates annually, and they can vary significantly between different areas within the county. Each year, Walworth County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Walworth County's effective property tax rate with other areas in Wisconsin and the national median. For comparison, the city of Sharon has one of the higher property tax rates in Wisconsin at 2.05%, while the city of Palmyra boasts one of the lowest at 0.87%. Analyzing how Walworth County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Walworth County Tax Rate
1.30%
Average Wisconsin Tax Rate
1.58%
Average United States Tax Rate
0.99%
Property Tax Rates Across Walworth County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burlington | 0.90% | 0.95% | 1.08% | 1.11% | 1.41% |
| Clinton | 1.28% | 1.29% | 1.34% | 1.69% | 1.72% |
| Darien | 0.83% | 0.89% | 1.86% | 1.91% | 1.97% |
| Delavan | 1.13% | 1.28% | 1.40% | 1.57% | 1.63% |
| Eagle | 0.84% | 0.84% | 1.05% | 1.16% | 1.17% |
| East Troy | 1.13% | 1.16% | 1.22% | 1.47% | 1.47% |
| Elkhorn | 1.09% | 1.16% | 1.22% | 1.58% | 1.62% |
| Fontana | 0.98% | 1.00% | 1.02% | 1.02% | 1.02% |
| Genoa City | 1.37% | 1.48% | 1.60% | 1.75% | 1.88% |
| Lake Geneva | 1.01% | 1.09% | 1.31% | 1.45% | 1.52% |
| Mukwonago | 1.12% | 1.14% | 1.19% | 1.22% | 1.69% |
| Palmyra | 0.85% | 0.86% | 0.87% | 0.89% | 0.90% |
| Pell Lake | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% |
| Sharon | 1.43% | 1.77% | 2.05% | 2.13% | 2.25% |
| Springfield | 0.89% | 0.93% | 1.01% | 1.06% | 1.07% |
| Walworth | 1.16% | 1.20% | 1.44% | 1.46% | 1.52% |
| Whitewater | 1.15% | 1.27% | 1.57% | 1.68% | 1.71% |
| Williams Bay | 1.22% | 1.26% | 1.29% | 1.30% | 1.31% |
| Zenda | 0.90% | 0.91% | 0.95% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Walworth County, Wisconsin
In Walworth County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Walworth County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Walworth County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Mukwonago has the highest median tax bill at $6,727, while Zenda has the lowest at $1,463. Being aware of these valuation processes in Walworth County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Walworth County, Wisconsin
Source: Ownwell
$127,622
$304,642
$481,662
Average Walworth County Assessed Value
$260,578
Average Wisconsin Assessed Value
$200,300
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Walworth County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burlington | $66,776 | $184,286 | $297,108 | $411,524 | $547,095 |
| Clinton | $165,396 | $189,734 | $203,620 | $239,598 | $264,416 |
| Darien | $93,997 | $146,566 | $187,861 | $247,433 | $332,310 |
| Delavan | $91,001 | $145,474 | $218,748 | $312,372 | $476,292 |
| Eagle | $176,871 | $232,256 | $384,086 | $511,700 | $632,030 |
| East Troy | $163,415 | $223,330 | $291,364 | $409,218 | $619,710 |
| Elkhorn | $129,323 | $199,842 | $274,208 | $396,556 | $625,804 |
| Fontana | $95,982 | $220,376 | $426,961 | $687,304 | $1,004,135 |
| Genoa City | $103,628 | $143,595 | $197,508 | $252,980 | $338,260 |
| Lake Geneva | $91,362 | $156,624 | $266,912 | $459,424 | $833,886 |
| Mukwonago | $199,537 | $326,510 | $467,352 | $886,024 | $1,465,553 |
| Palmyra | $317,408 | $379,003 | $481,662 | $584,321 | $645,916 |
| Pell Lake | $127,622 | $127,622 | $127,622 | $127,622 | $127,622 |
| Sharon | $103,135 | $131,965 | $163,882 | $206,478 | $266,316 |
| Springfield | $143,398 | $175,978 | $198,558 | $220,357 | $251,532 |
| Walworth | $153,001 | $189,874 | $243,892 | $305,870 | $407,044 |
| Whitewater | $138,868 | $182,512 | $234,719 | $336,812 | $534,698 |
| Williams Bay | $168,076 | $250,675 | $362,461 | $495,890 | $779,485 |
| Zenda | $139,999 | $146,188 | $153,226 | $173,890 | $204,606 |
Source: Ownwell
Property Tax Bills Across Walworth County, Wisconsin
In Walworth County, WI, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Several factors can influence the assessed value, including the home's size, age, location, and any improvements made. Homeowners in Walworth County can expect a wide range of property tax bills. For instance, the tax bill at the 25th percentile stands at $2,472, while those at the 75th and 90th percentiles are $5,183 and $8,031, respectively. The highest median tax bill in the county is found in Mukwonago at $6,727, whereas Zenda boasts the lowest median tax bill at $1,463. These variations significantly impact homeowners, as higher property taxes can increase the overall cost of homeownership, while lower taxes can make owning a home more affordable. Understanding these factors can help residents anticipate and manage their property tax obligations effectively.
Average Walworth County Tax Bill
$3,583
Average Wisconsin Tax Bill
$3,346
Average United States Tax Bill
$2,690
Property Tax Bills Across Walworth County, Wisconsin
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burlington | $754 | $2,104 | $3,200 | $4,463 | $5,905 |
| Clinton | $2,207 | $2,483 | $2,650 | $3,407 | $4,277 |
| Darien | $1,227 | $2,052 | $2,954 | $3,835 | $4,541 |
| Delavan | $1,326 | $2,065 | $3,072 | $4,241 | $6,254 |
| Eagle | $1,704 | $2,207 | $3,528 | $4,792 | $6,483 |
| East Troy | $2,107 | $2,954 | $3,904 | $5,177 | $7,464 |
| Elkhorn | $1,713 | $2,759 | $3,803 | $5,182 | $7,422 |
| Fontana | $1,171 | $2,975 | $4,661 | $7,211 | $10,744 |
| Genoa City | $1,599 | $2,337 | $3,161 | $4,202 | $5,451 |
| Lake Geneva | $1,247 | $2,183 | $3,521 | $5,896 | $10,084 |
| Mukwonago | $2,249 | $3,908 | $6,727 | $10,635 | $17,422 |
| Palmyra | $2,829 | $3,324 | $4,149 | $4,973 | $5,468 |
| Pell Lake | $1,683 | $1,683 | $1,683 | $1,683 | $1,683 |
| Sharon | $2,019 | $2,583 | $3,262 | $4,069 | $5,004 |
| Springfield | $1,311 | $1,712 | $1,997 | $2,273 | $2,659 |
| Walworth | $2,097 | $2,671 | $3,339 | $4,108 | $5,086 |
| Whitewater | $2,170 | $2,810 | $3,570 | $4,833 | $7,081 |
| Williams Bay | $2,140 | $3,199 | $4,633 | $6,394 | $10,122 |
| Zenda | $1,369 | $1,371 | $1,463 | $1,673 | $1,885 |
Source: Ownwell