Pewaukee, Waukesha County, Wisconsin Property Taxes

Name: Property Tax Bills Across Pewaukee, Waukesha County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Pewaukee, WI effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Pewaukee, WI home value: $363,600
Median annual Pewaukee, WI tax bill: $4,493, $2,093 higher than the national median property tax bill of $2,400.

How are property taxes in Waukesha calculated?

Property taxes in Pewaukee, 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 Pewaukee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pewaukee, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Pewaukee, Waukesha County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.26%

Estimate Property Tax Bill

$4,581

$4,251

Ownwell’s Pewaukee Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pewaukee with just two data points.

By entering your property's estimated assessed value, our calculator applies Pewaukee’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 Pewaukee, Waukesha County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget for services and dividing 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 Pewaukee’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S. Pewaukee, located in Waukesha County, has a median property tax rate of 1.26%, which is higher than the national median of 1.02%. This means homeowners in Pewaukee are likely to pay more in property taxes compared to the national average. However, it is important to consider the benefits of the services funded by these taxes, such as education, infrastructure, and emergency services, which can enhance the overall quality of life. Understanding these rates can empower property owners to make informed decisions about their real estate investments.

Property Tax Rates Across Pewaukee, Waukesha County, Wisconsin

Source: Ownwell

0.93%

1.32%

1.71%

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 Pewaukee Tax Rate

1.26%

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 Pewaukee, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53072	0.88%	1.05%	1.26%	1.45%	1.45%

Source: Ownwell

Property Tax Assessment Values Across Pewaukee, Waukesha County, Wisconsin

When examining property taxes in Pewaukee, Wisconsin, 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. Assessment notices: In Waukesha County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Pewaukee. For example, the median home price in Pewaukee is $363,600, with tax bills ranging significantly across the county. 53072 has the highest median home price at $363,600.

Property Tax Assessment Values Across Pewaukee, Waukesha County, Wisconsin

Source: Ownwell

$51,250

$273,175

$495,100

Median Pewaukee Market Value

$363,600

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 Pewaukee, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53072	$193,360	$258,500	$363,600	$558,750	$787,480

Source: Ownwell

Property Tax Bills Across Pewaukee, Waukesha County, Wisconsin

In Pewaukee, WI, property tax bills are determined by applying the local tax rate to the assessed value of a home. The median home price here is $363,600, which can result in a tax bill significantly higher than the national median of $2,400. Homeowners in Pewaukee typically see tax bills ranging from $3,191 at the 25th percentile to $8,989 at the 90th percentile, with the highest and lowest median tax bill both at $4,493 in the 53072 zip code. These figures highlight the substantial impact property taxes can have on household budgets. Factors influencing the tax bill include the assessed value of the property and the specific tax rate set by local authorities. Homeowners can feel the financial strain, especially if property values increase. Ownwell offers services to help homeowners potentially reduce their property tax bills by identifying opportunities for appeals and exemptions, ensuring they only pay their fair share. By leveraging expert knowledge, Ownwell can guide homeowners through the complexities of property tax assessments.

Property Tax Bills Across Pewaukee, Waukesha County, Wisconsin

Source: Ownwell

$464

$3,817

$7,170

Median Pewaukee Tax Bill

$4,493

Median Waukesha County Tax Bill

$4,538

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Pewaukee, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53072	$2,522	$3,191	$4,493	$6,448	$8,989

Source: Ownwell