Muskego, Waukesha County, Wisconsin Property Taxes

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

Median Muskego, WI effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Muskego, WI home value: $381,900
Median annual Muskego, WI tax bill: $4,363, $1,963 higher than the national median property tax bill of $2,400.

How are property taxes in Waukesha County calculated?

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

Last Updated March 1, 2025

Muskego, Waukesha County, Wisconsin Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$4,354

$4,040

Ownwell’s Muskego Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Muskego with just two data points. By entering your property's estimated assessed value, our calculator applies Muskego’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 Muskego, Waukesha County, Wisconsin

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually 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 Muskego’s effective property tax rate to other cities in Wisconsin and the median property tax rates in Wisconsin and the U.S. Muskego, situated in Waukesha County, has a median property tax rate of 1.14%, which is above the national median of 1.02%. This means that homeowners in Muskego typically pay more in property taxes compared to the national average. However, when comparing within the state, Muskego's rate aligns with the highest median tax rate in Wisconsin. This could indicate a relatively consistent approach to property taxation in the region, possibly reflecting the county's budgetary needs and the value of services provided. Understanding these nuances can help homeowners make informed decisions about property investments and tax appeals.

Property Tax Rates Across Muskego, 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 Muskego Tax Rate

1.14%

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 Muskego, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
53150	1.14%	1.14%	1.14%	1.14%	1.14%

Source: Ownwell

Property Tax Assessment Values Across Muskego, Waukesha County, Wisconsin

When examining property taxes in Muskego, 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 Waukesha 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 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 Muskego. For example, the median home price in Muskego is $381,900, with tax bills ranging significantly across the county. Zip code 53150 has the highest median home price at $381,900.

Property Tax Assessment Values Across Muskego, Waukesha County, Wisconsin

Source: Ownwell

$51,250

$273,175

$495,100

Median Muskego Market Value

$381,900

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 Muskego, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
53150	$257,530	$314,400	$381,900	$491,350	$595,850

Source: Ownwell

Property Tax Bills Across Muskego, Waukesha County, Wisconsin

In Muskego, WI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Muskego face a median property tax bill of $4,363, which is significantly higher than the national median of $2,400. The 25th percentile tax bill is $3,589, while the 75th percentile reaches $5,618, and the 90th percentile climbs to $6,817. These figures indicate a wide range of tax burdens depending on property values and specific tax rates applied. Such high tax bills can be a substantial financial burden on homeowners. However, Ownwell offers a valuable service by helping homeowners appeal their property tax assessments, potentially reducing their annual tax bills. By analyzing property data and identifying discrepancies in assessments, Ownwell can assist homeowners in Muskego in securing a fairer tax rate, ultimately leading to significant savings.

Property Tax Bills Across Muskego, Waukesha County, Wisconsin

Source: Ownwell

$464

$3,817

$7,170

Median Muskego Tax Bill

$4,363

Median Waukesha County Tax Bill

$4,538

Median Wisconsin Tax Bill

$3,346

Median United States Tax Bill

$2,400

Property Tax Bills Across Muskego, Waukesha County, Wisconsin

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
53150	$2,948	$3,589	$4,363	$5,618	$6,817

Source: Ownwell