Twin Lakes, Kenosha County, Wisconsin Property Taxes

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

Median Twin Lakes, WI effective property tax rate: 1.78%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Twin Lakes, WI home value: $279,450
Median annual Twin Lakes, WI tax bill: $4,729, $2,329 higher than the national median property tax bill of $2,400.

How are property taxes in Kenosha County calculated?

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

Last Updated March 1, 2025

Twin Lakes, Kenosha County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.78%

Estimate Property Tax Bill

$4,974

$4,616

Ownwell’s Twin Lakes Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Twin Lakes with just two data points. By entering your property's estimated assessed value, our calculator applies Twin Lakes’ 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 Kenosha County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Twin Lakes, Kenosha County, Wisconsin

Local government entities are responsible for setting property tax rates, which can significantly differ across a state. This is because each county calculates its necessary budget to fund public services and divides it by the total assessed value of all taxable properties within its area. This process determines the property tax rate. Although votes and legislation play roles in establishing these rates and budgets, this is the fundamental annual procedure.

In Twin Lakes, located in Kenosha County, the effective property tax rate is 1.78%. This is notably higher than the national median property tax rate of 1.02%. This means property owners in Twin Lakes pay a higher percentage of their property's assessed value in taxes compared to many other areas in the country. However, within Wisconsin, this rate is consistent, as it represents both the highest and lowest median tax rate observed in the state. Understanding these rates can help property owners make informed decisions about their investments and assess potential savings through tax appeals or exemptions.

Property Tax Rates Across Twin Lakes, Kenosha County, Wisconsin

Source: Ownwell

0.65%

3.16%

5.67%

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 Twin Lakes Tax Rate

1.78%

Median Effective Kenosha County Tax Rate

2.06%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Twin Lakes, Kenosha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53181	1.35%	1.64%	1.78%	1.91%	1.96%

Source: Ownwell

Property Tax Assessment Values Across Twin Lakes, Kenosha County, Wisconsin

When examining property taxes in Twin Lakes, WI, 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 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.

In Kenosha County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Twin Lakes. For example, the median home price in Twin Lakes is $279,450, with tax bills ranging significantly across the county. Zip code 53181 has the highest median home price at $279,450.

Property Tax Assessment Values Across Twin Lakes, Kenosha County, Wisconsin

Source: Ownwell

$136,582

$256,534

$376,486

Median Twin Lakes Market Value

$279,450

Median Kenosha County Market Value

$201,507

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Twin Lakes, Kenosha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53181	$152,791	$203,981	$279,450	$382,720	$613,835

Source: Ownwell

Property Tax Bills Across Twin Lakes, Kenosha County, Wisconsin

In Twin Lakes, located in Kenosha County, WI, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $279,450, and homeowners face a median property tax bill of $4,729, significantly higher than the national median of $2,400. The tax bill can vary widely, with the 25th percentile at $3,619 and the 75th percentile reaching $6,343, highlighting the variability in tax burdens. These differences are influenced by factors such as property location, size, and local government budgets. For homeowners, these taxes can significantly impact annual expenses, making it crucial to ensure their property is assessed fairly. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By leveraging expert knowledge and experience, Ownwell can identify discrepancies in property assessments and guide homeowners through the appeal process, ensuring they pay only their fair share and potentially saving them thousands of dollars annually.

Property Tax Bills Across Twin Lakes, Kenosha County, Wisconsin

Source: Ownwell

$2,513

$4,251

$5,988

Median Twin Lakes Tax Bill

$4,729

Median Kenosha County Tax Bill

$4,787

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Twin Lakes, Kenosha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53181	$2,762	$3,619	$4,729	$6,343	$10,709

Source: Ownwell