Wind Lake, Racine County, Wisconsin Property Taxes

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

Median Wind Lake, WI effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Wind Lake, WI home value: $161,344
Median annual Wind Lake, WI tax bill: $1,870, $530 lower than the national median property tax bill of $2,400.

How are property taxes in Racine calculated?

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

Last Updated March 1, 2025

Wind Lake, Racine County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$1,549

$1,437

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

Property Tax Rates Across Wind Lake, Racine County, Wisconsin

Local government entities are responsible for setting property tax rates, which can differ significantly across a state. This is because each year, counties like Racine estimate the budget necessary to maintain services and then divide that by the total value of all taxable property within their area. This calculation determines the property tax rate. Although votes and legislation play a role in establishing tax rates and budgets, this is essentially the annual procedure.

In Wind Lake, located in Racine County, the effective property tax rate is 0.96%, which is slightly below the national median of 1.02%. This can provide some relief to homeowners in Wind Lake compared to other regions. The median property tax bill in Wind Lake also tends to be lower than the national median of $2400, offering further financial comfort to residents.

When comparing Wind Lake's tax rates to other cities in Wisconsin, it's evident that the local rates are competitive, reflecting the county's efficient budget management and commitment to providing essential services without overburdening property owners.

Property Tax Rates Across Wind Lake, 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 Wind Lake Tax Rate

0.96%

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 Wind Lake, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53185	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Wind Lake, Racine County, Wisconsin

When examining property taxes in Wind Lake, 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 Assessor's 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.

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 Wind Lake.

For example, the median home price in Wind Lake is $161,344, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Wind Lake, Racine County, Wisconsin

Source: Ownwell

$81,109

$214,390

$347,670

Median Wind Lake Market Value

$161,344

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 Wind Lake, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53185	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Wind Lake, Racine County, Wisconsin

In Wind Lake, located in Racine County, Wisconsin, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in this area is $161,344, and with Wisconsin's property tax rate being relatively high compared to the national median of 1.02%, homeowners may face significant tax bills. Factors influencing the tax bill include the property's assessed value, local government budget needs, and any applicable exemptions. Homeowners in Wind Lake can expect a wide range of tax bills, with the 25th percentile at $854 and the 75th percentile reaching $2,196, while the top 10% can see bills as high as $3,727. These figures highlight the potential financial burden on residents. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing these bills. By analyzing assessments and identifying discrepancies, Ownwell ensures homeowners are not overpaying, providing peace of mind and potential savings.

Property Tax Bills Across Wind Lake, Racine County, Wisconsin

Source: Ownwell

$1,409

$3,421

$5,432

Median Wind Lake Tax Bill

$1,870

Median Racine County Tax Bill

$3,592

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Wind Lake, Racine County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53185	N/A	N/A	N/A	N/A	N/A

Source: Ownwell