Property taxes in Wisconsin (Milwaukee, Madison: for sale, mortgage, house)

[timamine]

What are the property taxes like in WI?
Milwaukee and surrounding areas...I am considering moving and have read many comments on how high the taxes. What exactly would that be for a 3-bedroom home, 1,400 sq foot, no lake front, just your average home (built in 70's).

[EnjoyEP]

Originally Posted by timamine

What are the property taxes like in WI?
Milwaukee and surrounding areas...I am considering moving and have read many comments on how high the taxes. What exactly would that be for a 3-bedroom home, 1,400 sq foot, no lake front, just your average home (built in 70's).

Depends greatly on where you are - even inside of particular communities, property taxes can be varied quite a bit.

Having said that, a major drawback to living in Wisconsin - or Milwaukee and its suburbs in particular - is the extremely high property taxes.

Without knowing the exact County / community / area in the community, etc., it is hard to give you an answer to your question to a very specific level. But yes, they are very high in general.

I would state that for your example - 3BR, 1400 square feet - if it was in a decent area of Milwaukee County (but not a terribly expensive area either), you'd be looking at a general range of $3,100 to $5,000 in property taxes. I know I just bought a 1600 square foot, 3 BR home in Milwaukee County and our property taxes are over $4800.

If you lived in some of the farther-out suburbs (eg: not Milwaukee County)...some of them have lower property taxes. For example, I almost bought a house of about 2000 square feet in Washington County where property taxes would have been $2500. However, that would've entailed living 30 miles north of Milwaukee.

[Huckleberry Dumbell]

I live in a 1926 two-story about 1400 sq ft in the city of Waukesha and pay $2600. Anywhere in WI is cheaper than Milwaukee Co.

[dreamcoat]

I have a 2600 sq.ft home (De Pere) great neighborhood and schools- taxes $5400

[Dea13]

We have a 1500 sq ft in Village of Caledonia (Racine). Being on well and septic makes the taxes lower. Ours were about $2400 for 2006. 3br ranch with .57 acre lot. But right now we have our house for sale. Love Wisconsin but can't handle the humidity - moving out west.

Dea13

[EX-Racinian]

Wiscosin is known for being a tax helll.. that is why we are loosing are best and brightest... who can afford to live here any more???? I love the fishing and hunting but it's getting to the point it's not worth it any more to feed this state with what little I have.

[yo vanilla]

i dont feel like i get shafted with taxes. property taxes might be higher than in some places but we only pay 5% sales tax. i believe my prop. taxes are around $2000 on my 1600sq foot house, valued around $110K

[hamjeepr]

Originally Posted by yo vanilla

i dont feel like i get shafted with taxes. property taxes might be higher than in some places but we only pay 5% sales tax. i believe my prop. taxes are around $2000 on my 1600sq foot house, valued around $110K

...then add the 7.5% income tax. Your being raped by an glutinous government. I pay just over $2k in property tax (property value of $140 on a 1700 sq ft 4-2 built in 2005), pay 7.5% sales, and pay nothing in income tax to my state. My daughter's public school is as good if not better than the private school we had sent he to in FL. You are receiving nothing from the Local/County/State governments that justifies the tax burden placed on the homeowner in Wisconsin! I would love to move back but it won't happen anytime soon. I just cannot bring myself to pay more to my escrow than my P&I in my mortgage payment.

[snooks1935]

i live in a 3 bedroom with a breezeway and a double garage attached on a corner lot witha fenced in yard and my taxes just came in at 2900.00.is that good or bad?

[Milwaukee City]

That's good as far as Milwaukee goes and Madison. If you live out in the country that might be high I'm not sure. Depends where in the state you live.