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FACT BRIEF

Does Wisconsin rank among the states with the highest property taxes?

By Tom Kertscher
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YES

Several 2023 reports ranked Wisconsin among the states with the highest property taxes.

GoBankingRates in June ranked Wisconsin seventh, with an average effective property tax rate of 1.63%. The rate was calculated by dividing the average annual dollar amount paid by residents ($4,351) by the state's average home value ($266,908).

World Population Review in March ranked Wisconsin sixth, with a median property tax rate of 1.85%. The rate was also calculated using the state's median property tax payment divided by the median home price.

WalletHub in February ranked Wisconsin seventh, with an effective rate of 1.73%. It calculated an annual tax bill of $3,472 on a state median-value home of $200,400.

The Legislature will soon vote on a plan to cut property taxes $795 million over two years, said Howard Marklein, Joint Committee on Finance co-chair.

This fact brief is responsive to conversations such as this one.
Sources
GOBankingRates States With the Highest Property Taxes
World Population Review Property Taxes by State [Updated March 2023]
WalletHub Property Taxes by State
WisPolitics Sen. Marklein, Rep. Born: Announce $4.4 billion tax cut
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Wisconsin Watch, the news arm of the nonpartisan, nonprofit Wisconsin Center for Investigative Journalism, increases the quality and quantity of investigative reporting in Wisconsin, while training current and future investigative journalists. Its work fosters an informed citizenry and strengthens democracy.
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Fact briefs are short, credibly sourced summaries that offer “yes/no” answers in response to claims found online. They rely on publicly available, often primary source data and documents. Fact briefs are created by contributors to Gigafact —a nonprofit project looking to expand participation in fact-checking and protect the democratic process. See all fact briefs here.