Several 2023 reports ranked Wisconsin among the states with the highest property taxes.
GoBankingRates in June ranked Wisconsin seventh, with an average effective property tax rate of 1.63%. The rate was calculated by dividing the average annual dollar amount paid by residents ($4,351) by the state’s average home value ($266,908).
World Population Review in March ranked Wisconsin sixth, with a median property tax rate of 1.85%. The rate was also calculated using the state’s median property tax payment divided by the median home price.
WalletHub in February ranked Wisconsin seventh, with an effective rate of 1.73%. It calculated an annual tax bill of $3,472 on a state median-value home of $200,400.
The Legislature will soon vote on a plan to cut property taxes $795 million over two years, said Howard Marklein, Joint Committee on Finance co-chair.
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GOBankingRates States With the Highest Property Taxes
World Population Review Property Taxes by State [Updated March 2023]
WalletHub Property Taxes by State