Mukwonago, Waukesha County, Wisconsin Property Taxes
Median Mukwonago, WI effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Mukwonago, WI home value: $356,500
Median annual Mukwonago, WI tax bill: $4,336, $1,936 higher than the national median property tax bill of $2,400.
How are property taxes in Waukesha calculated?
Property taxes in Mukwonago, 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 Mukwonago’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mukwonago, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Mukwonago, Waukesha County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$4,171
$3,871
Property Tax Rates Across Mukwonago, 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.
The effective property tax rate in Mukwonago in Waukesha County, Wisconsin, is 1.17%, which is quite competitive when compared to the national median property tax rate of 1.02%. This means that Mukwonago's rate is higher than the national average, yet it aligns with the state's median rate, reflecting Wisconsin's commitment to maintaining quality public services. Homeowners in Mukwonago might find their property tax bills slightly above the national median of $2,400, but this investment supports local infrastructure, schools, and emergency services. By understanding these nuances, homeowners can appreciate the value their taxes bring to the community and make informed decisions about property ownership in Mukwonago.
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 Mukwonago Tax Rate
1.17%
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 Mukwonago, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53149 | 1.01% | 1.17% | 1.17% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Mukwonago, Waukesha County, Wisconsin
When examining property taxes in Mukwonago, 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 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.
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 Mukwonago.
For example, the median home price in Mukwonago is $356,500, with tax bills ranging significantly across the county. Zip code 53149 has the highest median home price at $356,500.
Property Tax Assessment Values Across Mukwonago, Waukesha County, Wisconsin
Source: Ownwell
$51,250
$273,175
$495,100
Median Mukwonago Market Value
$356,500
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 Mukwonago, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53149 | $225,000 | $281,900 | $356,500 | $452,700 | $545,720 |
Source: Ownwell
Property Tax Bills Across Mukwonago, Waukesha County, Wisconsin
Median Mukwonago Tax Bill
$4,336
Median Waukesha County Tax Bill
$4,538
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Mukwonago, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53149 | $3,129 | $3,686 | $4,336 | $5,622 | $6,894 |
Source: Ownwell