Lake Geneva, Walworth County, Wisconsin Property Taxes

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Property Taxes in Lake Geneva, Wisconsin

Median Lake Geneva, Wisconsin effective property tax rate: 1.09%, significantly lower than the national median of 1.02%, and lower than the Wisconsin state median of 1.43%.
Median Lake Geneva, Wisconsin home value: $358,984
Median annual Lake Geneva, Wisconsin tax bill: $3,783, higher by $1,383 than the national median property tax bill of $2,400.

How are property taxes in Walworth calculated?

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

Last Updated April 13, 2026

Lake Geneva, Walworth County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$3,913

$3,631

How Does the Lake Geneva Property Tax Calculator Work?

Use this Lake Geneva property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lake Geneva's median effective tax rate of 1.09% — based on actual property records in Walworth County — to generate your estimate.

Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lake Geneva'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 Lake Geneva: rates range from 1.09% in 53147 to 1.09% in 53147, 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 Lake Geneva.

About Lake Geneva Property Taxes

About Property Taxes in Lake Geneva, Walworth, Wisconsin

Lake Geneva's median effective property tax rate of 1.09% is lower than the Wisconsin state median of 1.43% and higher than the national median of 1.02%. This rate reflects the Walworth 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 Lake Geneva. Homeowners in the 53147 ZIP code carry a median effective rate of 1.09%, while those in the same ZIP code pay 1.09%. This spread reflects how school district boundaries and local assessment districts are drawn across Walworth County. Understanding which part of Lake Geneva you live in can make a meaningful difference to your annual tax bill.

Lake Geneva 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 Lake Geneva, Walworth 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 Lake Geneva's effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S.

Walworth County's property tax rate is higher than the state median.

Property Tax Rates Across Lake Geneva, Walworth County, Wisconsin

Source: Ownwell

0.77%

1.29%

1.80%

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 Lake Geneva Tax Rate

1.09%

Median Effective Walworth County Tax Rate

1.07%

Median Effective Wisconsin Tax Rate

1.43%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lake Geneva, Walworth County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53147	0.73%	0.86%	1.09%	1.18%	1.20%

Source: Ownwell

Property Tax Assessment Values Across Lake Geneva, Walworth County, Wisconsin

When examining property taxes in Lake Geneva, 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 Walworth 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.

Assessment notices in Walworth County are sent in the spring each year and 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 Lake Geneva is $358,984, with a median tax bill of $3,783. The highest median home price is in 53147 at $358,984.

Property Tax Assessment Values Across Lake Geneva, Walworth County, Wisconsin

Source: Ownwell

$199,728

$384,931

$570,134

Median Lake Geneva Market Value

$358,984

Median Walworth County Market Value

$333,161

Median Wisconsin Market Value

$237,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lake Geneva, Walworth County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53147	$126,258	$232,264	$358,984	$588,864	$1,026,092

Source: Ownwell

Property Tax Bills Across Lake Geneva, Walworth County, Wisconsin

Property tax bills in Lake Geneva are based on the assessed value of a home and the local tax rate set by taxing authorities in Walworth County. When a home’s market value rises, the assessed value can increase as well, which often leads to a higher tax bill. For Lake Geneva homeowners, the median home price is $358,984, and the median property tax bill is $3,783.

The bill is also affected by local budgets for schools, county services, and other public needs, which are spread across taxable properties. That means two homes with similar market values can still have different bills if their assessments or exemptions differ. In Lake Geneva, property tax bills commonly range from $2,501 at the 25th percentile to $5,936 at the 75th percentile, with the 90th percentile reaching $10,056. Compared with the national median property tax bill of $2,400, Lake Geneva homeowners generally pay more, making assessment accuracy especially important.

Property Tax Bills Across Lake Geneva, Walworth County, Wisconsin

Source: Ownwell

$3,246

$4,936

$6,626

Median Lake Geneva Tax Bill

$3,783

Median Walworth County Tax Bill

$3,800

Median Wisconsin Tax Bill

$3,453

Median United States Tax Bill

$2,400

Property Tax Bills Across Lake Geneva, Walworth County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53147	$1,493	$2,501	$3,783	$5,936	$10,056

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 14

Links
Walworth Tax Assessor
Website	ascent.co.walworth.wi.us

Frequently Asked Property Tax Questions in Lake Geneva, Wisconsin

How are property taxes calculated in Lake Geneva, Wisconsin?

Property taxes in Lake Geneva, Wisconsin are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Lake Geneva, Wisconsin?

To appeal your property taxes in Lake Geneva, Wisconsin, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Lake Geneva, Wisconsin?

Common property tax exemptions in Lake Geneva, Wisconsin include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Lake Geneva, Wisconsin?

Property tax deadlines in Lake Geneva, Wisconsin vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Lake Geneva, Wisconsin?

Ownwell provides professional property tax appeal services in Lake Geneva, Wisconsin. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.