Walworth, Walworth County, Wisconsin Property Taxes
Median Walworth, WI effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Walworth, WI home value: $243,892
Median annual Walworth, WI tax bill: $3,339, $939 higher than the national median property tax bill of $2,400.
How are property taxes in Walworth calculated?
Property taxes in Walworth, 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 Walworth’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walworth, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Walworth, Walworth County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$3,512
$3,259
Ownwell’s Walworth Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Walworth with just two data points.
By entering your property's estimated assessed value, our calculator applies Walworth’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 Walworth County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Walworth, Walworth County, Wisconsin
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate.
While votes and legislation play a role in determining tax rates and budgets, this is essentially the annual process. In Walworth, WI, the effective property tax rate reflects the county's budgetary needs and property values. Compared to the national median property tax rate of 1.02%, Walworth's rate is notably higher. This difference highlights the unique economic and service demands within the county.
When comparing Walworth's property tax rate to other cities in Wisconsin, it aligns with the state’s median rate, which also stands above the national average. This suggests that property owners in Walworth and across Wisconsin may experience higher tax bills than the national median of $2,400. By understanding these rates, property owners can better anticipate their annual tax obligations and explore potential appeals or exemptions to manage costs effectively.
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 Walworth Tax Rate
1.44%
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 Walworth County Tax Rate
1.30%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Walworth, Walworth County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53184 | 1.16% | 1.20% | 1.44% | 1.46% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Walworth, Walworth County, Wisconsin
When examining property taxes in Walworth, 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 Walworth County appraisal district 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.
Assessment notices: In Walworth 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 Walworth. For example, the median home price in Walworth is $243,892, with tax bills ranging significantly across the county. Zip code 53184 has the highest median home price at $243,892.
Property Tax Assessment Values Across Walworth, Walworth County, Wisconsin
Source: Ownwell
$163,882
$315,617
$467,352
Median Walworth Market Value
$243,892
Median Walworth County Market Value
$260,578
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Walworth, Walworth County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53184 | $153,001 | $189,874 | $243,892 | $305,870 | $407,044 |
Source: Ownwell
Property Tax Bills Across Walworth, Walworth County, Wisconsin
In Walworth, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The median home price in Walworth stands at $243,892, and the property tax rate is applied to this assessed value to determine the tax bill. The median property tax bill in this region is $3,339, which exceeds the national median property tax bill of $2,400. Factors such as location, property size, and improvements can influence the assessed value, impacting the final tax bill. For homeowners, this can mean a significant financial burden, especially if property values increase.
Ownwell offers a solution for homeowners looking to reduce their property tax bills. By providing expert property tax appeal services, Ownwell helps ensure that your property is assessed fairly, potentially lowering your tax obligations. With a deep understanding of local tax codes and assessment procedures, Ownwell can effectively advocate on your behalf, helping you achieve savings and peace of mind.
Median Walworth Tax Bill
$3,339
Median Walworth County Tax Bill
$3,583
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Walworth, Walworth County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53184 | $2,097 | $2,671 | $3,339 | $4,108 | $5,086 |
Source: Ownwell