Quantcast

Waukesha Times

Tuesday, November 5, 2024

Analysis: Waukesha County effective property tax rate outpaced the national average in Q1 2023

Re 2

Property owners in Waukesha County paid 1.2% of the value of their homes in property taxes in the first quarter of 2023, which is more than 1.1 times the national average, according to the real estate analysis posted by the Waukesha County Times.

The median sales price of a Waukesha County home in the first quarter of 2023 was $332,300, based on data from the 1,533 properties sold during that time. In 2020 the median tax bill for the county was $4,075, which is 1.2% of the median value of the homes that were taxed.

This is 1.1 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Waukesha County real estate data showed homeowners in Chenequa and Elm Grove paid the highest rates.

The following table compares Chenequa with some other cities belonging to Waukesha County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.

CityQ1 2023 SalesQ1 2023 Median PriceMedian tax 2023Effective tax rate
Chenequa1$403,200$22,3895.6%
Elm Grove49$350,000$8,7742.5%
Merton16$304,100$5,7011.9%
Big Bend10$216,100$4,0181.9%
Nashotah7$246,500$4,7171.9%
Butler10$188,350$3,1721.7%
Lac La Belle2$914,950$15,7931.7%
Brookfield1$353,776$5,6881.6%
Delafield36$388,500$6,0611.6%
Sussex39$335,000$5,1471.5%
Summit38$407,767$5,9861.5%
Oconomowoc133$309,900$4,7491.5%
New Berlin226$320,750$4,4401.4%
Pewaukee150$307,971$4,3281.4%
Eagle16$283,500$3,9661.4%
Wales14$336,500$4,8261.4%
Muskego146$344,150$4,5341.3%
Menomonee Falls191$316,000$4,1461.3%
Waukesha57$355,000$4,6251.3%
Mukwonago28$337,300$4,2181.3%
Okauchee Lake29$395,000$5,2761.3%
Dousman14$389,950$5,0121.3%
Oconomowoc Lake5$1,263,400$15,6791.2%
Lannon5$282,000$3,3171.2%
Vernon38$349,400$4,0181.1%
Hartland41$375,000$3,8601%
North Prairie11$426,048$4,0290.9%

MORE NEWS