Oak Creek, Milwaukee County, Wisconsin Property Taxes
Property Taxes in Oak Creek, Wisconsin
Median Oak Creek, Wisconsin effective property tax rate: 1.70%, significantly higher than the national median of 1.02%, and higher than the Wisconsin state median of 1.43%.
Median Oak Creek, Wisconsin home value: $321,300
Median annual Oak Creek, Wisconsin tax bill: $5,485, $3,085 higher than the national median property tax bill of $2,400.
How are property taxes in Milwaukee calculated?
Property taxes in Oak Creek, 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 Oak Creek's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oak Creek, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Oak Creek, Milwaukee County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.7%
Estimate Property Tax Bill
$5,462
$5,069
How Does the Oak Creek Property Tax Calculator Work?
Use this Oak Creek property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Oak Creek's median effective tax rate of 1.70% — based on actual property records in Milwaukee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Oak Creek'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 Oak Creek: rates range from 1.70% in 53154 to 1.70% in 53154, 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 Oak Creek.
About Oak Creek Property Taxes
About Property Taxes in Oak Creek, Milwaukee, Wisconsin
Oak Creek's median effective property tax rate of 1.70% is higher than the Wisconsin state median of 1.43% and higher than the national median of 1.02%. This rate reflects the Milwaukee 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 Oak Creek. Homeowners in the 53154 ZIP code carry a median effective rate of 1.70%, while those in the lowest ZIP code pay 1.70%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Milwaukee County. Understanding which part of Oak Creek you live in can make a meaningful difference to your annual tax bill.
Oak Creek 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 Oak Creek, Milwaukee 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 Oak Creek'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 Oak Creek Tax Rate
1.70%
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 Milwaukee County Tax Rate
1.97%
Median Effective Wisconsin Tax Rate
1.43%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Oak Creek, Milwaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53154 | 1.65% | 1.68% | 1.70% | 1.73% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Oak Creek, Milwaukee County, Wisconsin
When examining property taxes in Oak Creek, 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 Milwaukee County assessor 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 are sent in April each year, and they typically reach your mailbox by the middle of the month. 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.
For example, the median home price in Oak Creek is $321,300, with a median tax bill of $5,485. That is well above the national median property tax bill of $2,400 and reflects the county’s local tax burden.
Property Tax Assessment Values Across Oak Creek, Milwaukee County, Wisconsin
Source: Ownwell
$27,700
$417,775
$807,850
Median Oak Creek Market Value
$321,300
Median Milwaukee County Market Value
$207,700
Median Wisconsin Market Value
$237,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Oak Creek, Milwaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53154 | $187,400 | $259,400 | $321,300 | $384,325 | $472,900 |
Source: Ownwell
Property Tax Bills Across Oak Creek, Milwaukee County, Wisconsin
Property tax bills in Oak Creek are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. Local budgets for schools, county services, and other public needs also play a role in determining how much homeowners owe.
With a median home price of $321,300, the tax burden in Oak Creek is well above the national median property tax bill of $2,400. The median tax bill in the city is $5,485, and bills can vary widely, with the 25th percentile at $4,394 and the 75th percentile at $6,633. At the 90th percentile, homeowners pay $8,245.
For homeowners, this means property taxes can be a major part of housing costs, and even small changes in assessment or tax rates can have a noticeable impact.
Median Oak Creek Tax Bill
$5,485
Median Milwaukee County Tax Bill
$3,980
Median Wisconsin Tax Bill
$3,453
Median United States Tax Bill
$2,400
Property Tax Bills Across Oak Creek, Milwaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53154 | $3,082 | $4,394 | $5,485 | $6,633 | $8,245 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 2 |
Links | |
|---|---|
| Milwaukee Tax Assessor | |
| Website | assessments.milwaukee.gov |