Mount Pleasant, Racine County, Wisconsin Property Taxes

Name: Property Tax Bills Across Mount Pleasant, Racine County, Wisconsin
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Mount Pleasant, WI effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Mount Pleasant, WI home value: $243,630
Median annual Mount Pleasant, WI tax bill: $3,876, $1,476 higher than the national median property tax bill of $2,400.

How are property taxes in Racine calculated?

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

Last Updated March 1, 2025

Mount Pleasant, Racine County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$3,922

$3,640

Ownwell’s Mount Pleasant Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mount Pleasant with just two data points. By entering your property's estimated assessed value, our calculator applies Mount Pleasant’s 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 55101. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mount Pleasant, Racine 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 Mount Pleasant’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.

Property Tax Rates Across Mount Pleasant, Racine County, Wisconsin

Source: Ownwell

0.83%

1.53%

2.22%

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 Mount Pleasant Tax Rate

1.61%

Median Effective Racine County Tax Rate

1.64%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mount Pleasant, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53177	0.82%	1.57%	1.61%	1.69%	1.84%
53403	1.48%	1.58%	1.62%	1.69%	2.02%
53404	1.45%	1.47%	1.70%	2.32%	3.48%
53405	1.55%	1.59%	1.62%	1.68%	1.97%
53406	1.52%	1.57%	1.61%	1.68%	1.75%

Source: Ownwell

Property Tax Assessment Values Across Mount Pleasant, Racine County, Wisconsin

When examining property taxes in Mount Pleasant, 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 Racine 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 Racine 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 Mount Pleasant.

For example, the median home price in Mount Pleasant is $243,630, with tax bills ranging significantly across the county. Zip code 53405 has the highest median home price at $275,312.

Property Tax Assessment Values Across Mount Pleasant, Racine County, Wisconsin

Source: Ownwell

$81,109

$214,390

$347,670

Median Mount Pleasant Market Value

$243,630

Median Racine County Market Value

$210,852

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mount Pleasant, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53177	$56,833	$159,312	$200,619	$251,852	$310,925
53403	$52,511	$114,596	$210,945	$308,850	$425,893
53404	$6,476	$39,200	$81,109	$97,602	$150,549
53405	$146,853	$202,223	$275,312	$354,518	$424,178
53406	$139,761	$171,869	$250,248	$336,446	$411,917

Source: Ownwell

Property Tax Bills Across Mount Pleasant, Racine County, Wisconsin

In Mount Pleasant, Racine County, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors and reflects the market value of the property. Homeowners in Mount Pleasant face a median property tax bill of $4,379, which is significantly higher than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill. For example, the tax bill for the 25th percentile is $2,539, while for the 90th percentile, it reaches $6,722.

Ownwell assists homeowners in Mount Pleasant by providing property tax appeal and exemption services. By analyzing the assessed value and comparing it with market data, Ownwell identifies opportunities for reducing tax burdens. This process can lead to significant savings, ensuring homeowners are not overpaying. With expert guidance, homeowners can navigate the complex property tax system more effectively, potentially lowering their annual tax bills.

Property Tax Bills Across Mount Pleasant, Racine County, Wisconsin

Source: Ownwell

$1,409

$3,421

$5,432

Median Mount Pleasant Tax Bill

$3,876

Median Racine County Tax Bill

$3,592

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Mount Pleasant, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53177	$80	$2,173	$3,142	$4,211	$5,065
53403	$489	$1,888	$3,370	$4,839	$6,774
53404	$134	$815	$1,409	$2,048	$2,608
53405	$2,271	$3,229	$4,379	$5,697	$6,849
53406	$2,045	$2,639	$3,965	$5,407	$6,724

Source: Ownwell