Germantown, Washington County, Wisconsin Property Taxes

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

Median GERMANTOWN, WI effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median GERMANTOWN, WI home value: $299,040
Median annual GERMANTOWN, WI tax bill: $4,407, $2,007 higher than the national median property tax bill of $2,400.

How are property taxes in Washington calculated?

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

Last Updated March 1, 2025

Germantown, Washington County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.48%

Estimate Property Tax Bill

$4,426

$4,107

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

Property Tax Rates Across Germantown, Washington County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. This variation is due to the fact that each county estimates its required budget to provide services annually 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, in a nutshell, this is the annual process. In Germantown, located in Washington County, Wisconsin, the effective property tax rate is 1.48%. This rate places it above the national median property tax rate of 1.02%, indicating that property owners in Germantown may face higher property tax bills compared to the national average. With the national median property tax bill at $2,400, Germantown residents might experience a more substantial financial obligation. This higher rate can reflect the county's budgetary needs and the value of properties within its jurisdiction. For potential property buyers or current homeowners, understanding these rates is crucial for financial planning and assessing the overall cost of living in Germantown.

Property Tax Rates Across Germantown, Washington County, Wisconsin

Source: Ownwell

0.72%

1.10%

1.48%

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 Germantown Tax Rate

1.48%

Median Effective Washington County Tax Rate

1.22%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Germantown, Washington County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53022	1.31%	1.45%	1.48%	1.50%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Germantown, Washington County, Wisconsin

When examining property taxes in Germantown, 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 Washington 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 Washington 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 Germantown.

For example, the median home price in Germantown is $299,040, with tax bills ranging significantly across the county. Zip code 53022 has the highest median home price at $299,040.

Property Tax Assessment Values Across Germantown, Washington County, Wisconsin

Source: Ownwell

$227,054

$310,284

$393,513

Median Germantown Market Value

$299,040

Median Washington County Market Value

$284,190

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Germantown, Washington County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53022	$112,140	$228,072	$299,040	$371,850	$457,986

Source: Ownwell

Property Tax Bills Across Germantown, Washington County, Wisconsin

In Germantown, WI, property tax bills are calculated based on the assessed value of a home and the local tax rate. With the median home price at $299,040, homeowners can expect their tax bills to vary significantly. The median tax bill in Germantown is $4,407, which is considerably higher than the national median of $2,400. This is due to the local tax rate being above the national median rate of 1.02%. Factors such as property size, location, and improvements can influence the assessed value, directly impacting the tax bill. For homeowners, this means a substantial portion of their budget goes toward property taxes, potentially affecting their financial planning.

Ownwell offers valuable assistance to homeowners in Germantown by providing property tax appeal and exemption services. By analyzing individual property assessments and identifying discrepancies, Ownwell can help homeowners lower their tax bills. This service not only ensures fair taxation but also helps homeowners save money, making property ownership more affordable in the long run.

Property Tax Bills Across Germantown, Washington County, Wisconsin

Source: Ownwell

$2,243

$3,325

$4,407

Median Germantown Tax Bill

$4,407

Median Washington County Tax Bill

$3,282

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Germantown, Washington County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53022	$1,571	$3,221	$4,407	$5,555	$6,934

Source: Ownwell