The median sales price of a Milwaukee County home in the fourth quarter of 2022 was $185,000, based on data from the 4,762 properties sold during that time. In 2018 the median tax bill for the county was $2,981, which is 1.6% of the median value of the homes that were taxed.
This is 1.5 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Milwaukee County real estate data showed homeowners in Shorewood and Hales Corners paid the highest rates.
The following table compares Shorewood with some other cities belonging to Milwaukee County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2022.
City | Q4 2022 Sales | Q4 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Shorewood | 25 | $383,500 | $10,953 | 2.9% |
Hales Corners | 29 | $225,500 | $6,180 | 2.7% |
Glendale | 99 | $250,000 | $6,118 | 2.4% |
West Milwaukee | 16 | $177,500 | $4,256 | 2.4% |
West Allis | 344 | $185,000 | $4,527 | 2.4% |
Fox Point | 42 | $383,750 | $9,090 | 2.4% |
Cudahy | 112 | $187,800 | $4,497 | 2.4% |
South Milwaukee | 111 | $202,800 | $4,576 | 2.3% |
Milwaukee | 2,892 | $148,000 | $3,369 | 2.3% |
Greenfield | 195 | $218,300 | $4,987 | 2.3% |
Whitefish Bay | 93 | $440,000 | $9,501 | 2.2% |
Brown Deer | 79 | $215,000 | $4,630 | 2.2% |
Bayside | 24 | $422,711 | $9,355 | 2.2% |
Greendale | 81 | $285,000 | $6,146 | 2.2% |
Franklin | 181 | $315,400 | $6,645 | 2.1% |
River Hills | 11 | $825,000 | $17,592 | 2.1% |
Wauwatosa | 255 | $285,000 | $5,809 | 2% |
St. Francis | 55 | $215,500 | $4,317 | 2% |
Oak Creek | 118 | $295,000 | $5,489 | 1.9% |