Vernon residents paid 0.8% of their residences’ value in property taxes in the fourth quarter of 2025, which is less than 0.9 times the national average, as reported by BlockShopper.com.
Data shows the median home sale price in Vernon for the fourth quarter of 2025 was $450,500, with 58 properties sold in this period. The median property tax paid in the city during 2025 reached $3,510, equating to 0.8% of the assessed median home value.
Across the U.S., the average effective property tax rate stood at 0.888% in 2024.
For Waukesha County, the highest effective property tax rates were found in Oconomowoc Lake, Lac La Belle, and Chenequa.
The effective property tax rates referenced for 2025 are estimates based on inflation and previous year’s county tax data. Actual rates may differ slightly in some cases.
National median home prices rose in 2025, with June posting a median of approximately $447,000 per Redfin. This is a 1.13% year-over-year increase. Redfin also reported a wide gap between supply and demand, with sellers outnumbering buyers by 36%, representing a surplus of 508,715 homes. By Redfin’s standards, a balanced market features buyer and seller numbers within 10% of one another.
The table below presents a comparison of Oconomowoc Lake and several other Waukesha County cities by their median effective property tax rates, using Q4 2025 sales and tax figures.
| City | Q4 2025 Sales | Q4 2025 Median Price | Median tax 2025 | Effective tax rate |
|---|---|---|---|---|
| Oconomowoc Lake | 9 | $449,000 | $15,170 | 3.4% |
| Lac La Belle | 10 | $476,300 | $16,349 | 3.4% |
| Chenequa | 8 | $587,500 | $19,435 | 3.3% |
| Elm Grove | 50 | $580,800 | $7,840 | 1.3% |
| Lannon | 17 | $345,000 | $4,478 | 1.3% |
| Waukesha | 206 | $371,950 | $4,503 | 1.2% |
| Sussex | 74 | $427,200 | $5,220 | 1.2% |
| Summit | 44 | $557,500 | $6,469 | 1.2% |
| New Berlin | 376 | $399,950 | $4,361 | 1.1% |
| Merton | 25 | $515,000 | $5,606 | 1.1% |
| Delafield | 65 | $566,100 | $6,230 | 1.1% |
| Mukwonago | 49 | $375,000 | $4,123 | 1.1% |
| Oconomowoc | 184 | $441,500 | $4,724 | 1.1% |
| Dousman | 17 | $480,500 | $5,146 | 1.1% |
| Menomonee Falls | 293 | $398,250 | $4,072 | 1% |
| Brookfield | 82 | $449,000 | $4,695 | 1% |
| Butler | 12 | $299,900 | $3,017 | 1% |
| Hartland | 56 | $409,625 | $4,158 | 1% |
| Okauchee Lake | 50 | $491,000 | $5,083 | 1% |
| Wales | 41 | $450,000 | $4,519 | 1% |
| Muskego | 181 | $433,000 | $4,149 | 1% |
| Pewaukee | 212 | $397,500 | $3,844 | 1% |
| Eagle | 19 | $358,400 | $3,340 | 0.9% |
| North Prairie | 14 | $484,950 | $3,807 | 0.8% |
| Vernon | 58 | $450,500 | $3,510 | 0.8% |
| Nashotah | 15 | $748,500 | $4,659 | 0.6% |
| Big Bend | 3 | $663,400 | $3,304 | 0.5% |
