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2015 Property Values and Taxes in Southeast Wisconsin

Our property tax and values report is an annual publication that measures trends in property values and examines how they impact the capacity of local governments and school districts to raise revenues. Our 2015 report finds that property tax levies decreased by 3% across the region, while property values increased (by 2%), though at a slower rate than last year.

Key findings from the report include the following:

  • In 2015, every county in the region experienced an increase in property values, though there were disparities in increases across the region.
  • The City of Milwaukee was one of only 26 municipalities in the region that did not experience an increase in overall property values from 2014 to 2015. Property values declined in Milwaukee by 0.6%.
  • Each of the region's seven counties experienced a decline in aggregate property tax levies--the first time that has occurred since at least 2000.
  • The region's aggregate property tax rate declined by 5.4%--the first decline since 2008.

 

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Media Coverage

"Report: Property taxes, rates drop in southeastern Wisconsin"
Milwaukee Journal Sentinel

"Region’s property tax levies drop 3% in 2015"
BizTimes.com