Racine, Kenosha County, Wisconsin Property Taxes
Property Taxes in Racine, Wisconsin
Median Racine, Wisconsin effective property tax rate: 1.24%, significantly lower than the national median of 1.02%, and lower than the Wisconsin state median of 1.43%.
Median Racine, Wisconsin home value: $342,098
Median annual Racine, Wisconsin tax bill: $4,273, higher than the national median property tax bill of $2,400.
How are property taxes in Kenosha calculated?
Property taxes in Racine, Wisconsin 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 Racine's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Racine, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Racine, Kenosha County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.24%
Estimate Property Tax Bill
$4,242
$3,936
How Does the Racine Property Tax Calculator Work?
Use this Racine property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Racine's median effective tax rate of 1.24% — based on actual property records in Kenosha County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Racine's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Racine: rates range from 1.24% in 53403 to 1.24% in 53403, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Racine.
About Racine Property Taxes
About Property Taxes in Racine, Kenosha, Wisconsin
Racine’s median effective property tax rate of 1.24% is lower than the Wisconsin state median of 1.43% and higher than the national median of 1.02%. This rate reflects the Kenosha County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Racine. Homeowners in the 53403 ZIP code carry a median effective rate of 1.24%, while those in the same ZIP code pay 1.24%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Kenosha County. Understanding which part of Racine you live in can make a meaningful difference to your annual tax bill.
Racine homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 25, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Racine, Kenosha County, Wisconsin
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare Racine's effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.
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 Racine Tax Rate
1.24%
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 Kenosha County Tax Rate
1.56%
Median Effective Wisconsin Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Racine, Kenosha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53403 | 1.20% | 1.23% | 1.24% | 1.27% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Racine, Kenosha County, Wisconsin
When examining property taxes in Racine, 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 Kenosha County assessment office 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 Kenosha 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 Racine.
For example, the median home price in Racine is $342,098, with tax bills ranging significantly across the county. 53403 has the highest median home price at $342,098.
Property Tax Assessment Values Across Racine, Kenosha County, Wisconsin
Source: Ownwell
$173,746
$305,759
$437,772
Median Racine Market Value
$342,098
Median Kenosha County Market Value
$243,298
Median Wisconsin Market Value
$237,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Racine, Kenosha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53403 | $193,762 | $249,036 | $342,098 | $422,373 | $636,691 |
Source: Ownwell
Property Tax Bills Across Racine, Kenosha County, Wisconsin
Property tax bills in Racine are based on the assessed value of a home and the local tax rate set by taxing authorities. When a home’s assessed value rises, the tax bill can increase even if the homeowner has not made any changes to the property. For a median home price of $342,098, the tax burden can be significant, especially when compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
Homeowners in Racine should expect their bill to reflect both the market value of the property and the budgets of local governments, schools, and other taxing districts. Tax bills in the area vary widely, with the 25th percentile at $3,136, the 75th percentile at $5,417, and the 90th percentile at $8,101. In ZIP code 53403, the median tax bill is $4,273. These differences show how location and assessed value can affect what homeowners pay each year.
Median Racine Tax Bill
$4,273
Median Kenosha County Tax Bill
$3,541
Median Wisconsin Tax Bill
$3,453
Median United States Tax Bill
$2,400
Property Tax Bills Across Racine, Kenosha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53403 | $2,325 | $3,136 | $4,273 | $5,417 | $8,101 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 25 |
Links | |
|---|---|
| Kenosha Tax Assessor | |
| Website | pp-kenosha-co-wi-fb.app.landnav.com |