Brookfield, Waukesha County, Wisconsin Property Taxes
Median Brookfield, WI effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Brookfield, WI home value: $371,700
Median annual Brookfield, WI tax bill: $5,145, $2,745 higher than the national median property tax bill of $2,400.
How are property taxes in Waukesha calculated?
Property taxes in Brookfield, 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 Brookfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brookfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brookfield, Waukesha County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.41%
Estimate Property Tax Bill
$5,241
$4,863
Ownwell’s Brookfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Brookfield with just two data points. By entering your property's estimated assessed value, our calculator applies Brookfield’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 Waukesha County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Brookfield, Waukesha County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Brookfield’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S. Brookfield, located in Waukesha County, has a median property tax rate of 1.41%, which is notably higher than the national median of 1.02%. This places Brookfield among the higher property tax areas in the state. In contrast, areas within the same county can have varying rates, such as the lowest median tax rate of 1.25% in another zip code. Understanding these differences can be crucial for homeowners looking to manage their property tax expenses effectively. By comparing rates, homeowners can make informed decisions about property investments and appeals.
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 Brookfield Tax Rate
1.41%
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 Waukesha County Tax Rate
1.34%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brookfield, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53005 | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
| 53045 | 1.14% | 1.41% | 1.41% | 1.41% | 1.41% |
| 53072 | 1.25% | 1.25% | 1.25% | 1.26% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Brookfield, Waukesha County, Wisconsin
When examining property taxes in Brookfield, 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 Waukesha County appraisal authorities estimate 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 Waukesha 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 Brookfield.
For example, the median home price in Brookfield is $371,700, with tax bills ranging significantly across the county. Zip code 53072 has the highest median home price at $440,900.
Property Tax Assessment Values Across Brookfield, Waukesha County, Wisconsin
Source: Ownwell
$51,250
$273,175
$495,100
Median Brookfield Market Value
$371,700
Median Waukesha County Market Value
$348,408
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brookfield, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53005 | $270,500 | $300,400 | $348,750 | $446,900 | $575,390 |
| 53045 | $267,100 | $328,100 | $394,600 | $534,600 | $767,640 |
| 53072 | $201,120 | $298,500 | $440,900 | $538,700 | $636,760 |
Source: Ownwell
Property Tax Bills Across Brookfield, Waukesha County, Wisconsin
Median Brookfield Tax Bill
$5,145
Median Waukesha County Tax Bill
$4,538
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Brookfield, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53005 | $3,809 | $4,230 | $4,911 | $6,293 | $8,103 |
| 53045 | $3,580 | $4,462 | $5,362 | $7,384 | $10,760 |
| 53072 | $2,695 | $3,746 | $5,533 | $6,760 | $7,991 |
Source: Ownwell