Port Washington, Ozaukee County, Wisconsin Property Taxes
Median PORT WASHINGTON, WI effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median PORT WASHINGTON, WI home value: $258,950
Median annual PORT WASHINGTON, WI tax bill: $3,349, $949 higher than the national median property tax bill of $2,400.
How are property taxes in Ozaukee calculated?
Property taxes in PORT WASHINGTON, 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 PORT WASHINGTON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in PORT WASHINGTON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Port Washington, Ozaukee County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.32%
Estimate Property Tax Bill
$3,418
$3,172
Property Tax Rates Across Port Washington, Ozaukee County, Wisconsin
Local government entities set tax rates, which can vary widely within a state. This variation is primarily 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, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Port Washington, located in Ozaukee County, the effective property tax rate is reflective of this process. When compared to other cities in Wisconsin and the national average, Port Washington's rate provides insight into its local government's financial strategy. Wisconsin's median property tax rate stands at 1.32%, which is notably higher than the national median of 1.02%. This means that residents in Port Washington and similar areas may experience a higher property tax burden compared to the national average. However, these taxes fund essential services and infrastructure improvements, contributing to the community's overall quality of life. Understanding these rates can help property owners make informed decisions regarding their investments and potential tax appeals.
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 Port Washington Tax Rate
1.32%
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 Ozaukee County Tax Rate
1.24%
Median Effective Wisconsin Tax Rate
1.58%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Port Washington, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53074 | 1.04% | 1.29% | 1.32% | 1.35% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Port Washington, Ozaukee County, Wisconsin
When examining property taxes in Port Washington, 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 Ozaukee 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 Ozaukee 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 Port Washington. For example, the median home price in Port Washington is $258,950, with tax bills ranging significantly across the county. Zip code 53074 has the highest median home price at $258,950.
Property Tax Assessment Values Across Port Washington, Ozaukee County, Wisconsin
Source: Ownwell
$207,100
$505,950
$804,800
Median Port Washington Market Value
$258,950
Median Ozaukee County Market Value
$339,400
Median Wisconsin Market Value
$200,300
Median United States Market Value
$235,294
Property Tax Assessment Values Across Port Washington, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53074 | $183,000 | $214,600 | $258,950 | $335,375 | $433,760 |
Source: Ownwell
Property Tax Bills Across Port Washington, Ozaukee County, Wisconsin
In Port Washington, located in Ozaukee County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value reflects the market value, with local authorities determining the rate. Homeowners in Port Washington face a median property tax bill of $3,349, which is significantly above the national median of $2,400. For some, the tax bill can reach as high as $5,635, depending on property value and specific circumstances. These taxes fund essential services like schools, infrastructure, and public safety, impacting homeowners' financial planning and overall affordability of owning a home.
Ownwell can assist homeowners in Port Washington by offering property tax appeal services. By thoroughly reviewing each homeowner's property assessment, Ownwell identifies opportunities to challenge overvaluations, potentially reducing the tax burden. This service not only helps in saving money but also ensures that homeowners are not overpaying on their property taxes, providing peace of mind and financial relief.
Property Tax Bills Across Port Washington, Ozaukee County, Wisconsin
Source: Ownwell
$2,473
$10,848
$19,222
Median Port Washington Tax Bill
$3,349
Median Ozaukee County Tax Bill
$4,109
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Port Washington, Ozaukee County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53074 | $2,331 | $2,775 | $3,349 | $4,295 | $5,635 |
Source: Ownwell
