Okauchee, Waukesha County, Wisconsin Property Taxes
Median Okauchee, WI effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Wisconsin state median of 1.58%.
Median Okauchee, WI home value: $467,500
Median annual Okauchee, WI tax bill: $5,841, $3,441 higher than the national median property tax bill of $2,400.
How are property taxes in Waukesha calculated?
Property taxes in Okauchee, 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 Okauchee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Okauchee, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Okauchee, Waukesha County, Wisconsin Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.25%
Estimate Property Tax Bill
$5,844
$5,423
Property Tax Rates Across Okauchee, Waukesha County, Wisconsin
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation is due to each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Okauchee, located in Waukesha County, the effective property tax rate is reflective of this process. The median property tax rate in Wisconsin stands at 1.25%, which is higher than the national median of 1.02%. This places Okauchee at a higher tax rate compared to many other regions in the United States. The median property tax bill in Okauchee is likely to exceed the national median of $2,400. Understanding how these rates compare can provide valuable insight for property owners considering an appeal or seeking exemptions.
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 Okauchee Tax Rate
1.25%
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 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 Okauchee, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53069 | 1.24% | 1.24% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Okauchee, Waukesha County, Wisconsin
When examining property taxes in Okauchee, 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 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 May. 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 Okauchee. For example, the median home price in Okauchee is $467,500, with tax bills ranging significantly across the county. Zip code 53069 has the highest median home price at $467,500.
Property Tax Assessment Values Across Okauchee, Waukesha County, Wisconsin
Source: Ownwell
$51,250
$273,175
$495,100
Median Okauchee Market Value
$467,500
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 Okauchee, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53069 | $193,310 | $245,800 | $467,500 | $826,200 | $1,091,770 |
Source: Ownwell
Property Tax Bills Across Okauchee, Waukesha County, Wisconsin
In Okauchee, located in Waukesha County, WI, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $467,500, and the property tax rate is typically applied to this assessed value to determine the annual tax bill. Homeowners in Okauchee often see tax bills ranging from $3,071 at the 25th percentile to $13,640 at the 90th percentile. The highest and lowest median tax bills in the area are both $5,841, reflecting the uniformity in property tax assessments within the zip code 53069. This can significantly impact homeowners, as property taxes are a major annual expense.
Ownwell can assist homeowners in Okauchee by providing expert property tax appeal and exemption services. By reviewing your property's assessed value and ensuring it accurately reflects market conditions, Ownwell can help identify potential savings. This service can be particularly beneficial for homeowners who feel their property taxes are disproportionately high, ensuring they only pay their fair share.
Median Okauchee Tax Bill
$5,841
Median Waukesha County Tax Bill
$4,538
Median Wisconsin Tax Bill
$3,346
Median United States Tax Bill
$2,400
Property Tax Bills Across Okauchee, Waukesha County, Wisconsin
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 53069 | $2,405 | $3,071 | $5,841 | $10,322 | $13,640 |
Source: Ownwell