Wisconsin

Wisconsin has an effective property tax rate of 1.61%, with a median annual property tax of $4,120. Properties are assessed at 100.0% of market value and reassessed no fixed statewide cycle; dor maintains equalized values. municipalities reassess as needed; some annually, some every 5-10 years. state equalization adjusts annually.. Payments are due semi-annual.

Effective Rate

1.61%

Assessment Ratio

100.0%

Median Annual Tax

$4,120

Payment Frequency

Semi-Annual

Appeal Deadline

By first Monday in May (for assessment roll) to Board of Review; then within 60 days to Circuit Court

Due Dates

Full payment due January 31; or installments: first by January 31, second by March 31, third by May 31 (varies by municipality; some allow 2 or 3 installments)

Reassessment Cycle

No fixed statewide cycle; DOR maintains equalized values. Municipalities reassess as needed; some annually, some every 5-10 years. State equalization adjusts annually.

Homestead Exception

No assessment exemption. Homestead Credit: income-based tax credit for homeowners and renters; maximum credit varies by income. First Dollar Credit reduces property tax by small amount for all improved parcels.

Key Notes

State levy limits cap annual increases. DOR equalizes assessments across municipalities for fair tax distribution. Heavy reliance on property tax for school and local government funding. Among the higher effective rates nationally.

Late Penalty

1.5% per month (18% annually) on delinquent taxes; additional collection fees and publication costs

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