Lisbon, Waukesha County, Wisconsin Property Taxes

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

Median Lisbon, WI effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Lisbon, WI home value: $377,800
Median annual Lisbon, WI tax bill: $3,748, $1,348 higher than the national median property tax bill of $2,400.

How are property taxes in Waukesha calculated?

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

Last Updated March 1, 2025

Lisbon, Waukesha County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$3,740

$3,471

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

Property Tax Rates Across Lisbon, Waukesha County, Wisconsin

Local government entities set tax rates, and these rates can vary significantly within a state. Annually, each county estimates its budget needs to provide essential services and then divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws influence the setting of tax rates and budgets, this is the core of the annual process.

Now, let's take a closer look at Lisbon in Waukesha County, Wisconsin. The effective property tax rate here is an interesting point of comparison. While the median property tax rate in Wisconsin is 0.99%, Lisbon's rate provides a different perspective on how property taxes can fluctuate within the state. Additionally, when compared to the national median property tax rate of 1.02%, Lisbon's rate offers insights into how local property taxes stack up against national figures. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Lisbon, Waukesha County, Wisconsin

Source: Ownwell

0.93%

1.32%

1.71%

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 Lisbon Tax Rate

0.99%

Median Effective Waukesha County Tax Rate

1.34%

Median Effective Wisconsin Tax Rate

1.58%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lisbon, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53089	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lisbon, Waukesha County, Wisconsin

When examining property taxes in Lisbon, 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 Waukesha 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 Waukesha 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 Lisbon. For example, the median home price in Lisbon is $377,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Lisbon, Waukesha County, Wisconsin

Source: Ownwell

$51,250

$273,175

$495,100

Median Lisbon Market Value

$377,800

Median Waukesha County Market Value

$348,408

Median Wisconsin Market Value

$200,300

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lisbon, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53089	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lisbon, Waukesha County, Wisconsin

In Lisbon, located in Waukesha County, WI, property tax bills are calculated based on the assessed value of a home. The tax rate is applied to this assessed value, which is determined by local assessors who evaluate the property’s market worth. With a median home price of $377,800, homeowners in Lisbon might find their tax bills above the national median. The 25th percentile tax bill is $3,497, while the 75th percentile reaches $4,101, indicating that many homeowners pay significantly more than the national median property tax bill of $2,400.

Factors influencing the tax bill include property size, location, and any improvements made. These can lead to higher assessments and, consequently, higher taxes. Such financial burdens can be significant for homeowners, impacting their overall affordability and financial planning.

Ownwell assists homeowners by offering property tax appeal and exemption services. By leveraging expertise in local property tax regulations, Ownwell helps identify potential savings and reduce tax liabilities, making homeownership more affordable and less financially stressful.

Property Tax Bills Across Lisbon, Waukesha County, Wisconsin

Source: Ownwell

$464

$3,817

$7,170

Median Lisbon Tax Bill

$3,748

Median Waukesha County Tax Bill

$4,538

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Lisbon, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53089	N/A	N/A	N/A	N/A	N/A

Source: Ownwell