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Why did Milwaukee property assessments increase so much in 2024? Nicole Larsen: A couple of reasons. In 2023 we had a "maintenance" year, which meant we carried the values from 2022 forward to 2023.
Property assessments are arriving in Milwaukee mailboxes, and values across the city are going up. Citywide, values increased 17.4% from 2023 to 2024, according to the Assessor's Office .
There is sticker shock as Milwaukee homeowners get their new property assessments. On average, Milwaukee properties are up about 17%. But average home assessments are up even more.
Milwaukee (/ m ɪ l ˈ w ɔː k i / ⓘ mil-WAW-kee) is the most populous city in the U.S. state of Wisconsin and the county seat of Milwaukee County. [16] With a population of 577,222 at the 2020 census, Milwaukee is the 31st-most populous city in the United States and the fifth-most populous city in the Midwest.
It was split up by governmental condemnation and acquisition of land to construct Interstate 43 and other arterial road expansions. These changes displaced much of the community. Today, the Haymarket, Hillside, Halyard Park, and Triangle North neighborhoods make up what used to be Milwaukee's Bronzeville neighborhood. [18]
The U.S. Census Bureau defines the Milwaukee Metropolitan area as containing four counties in southeastern Wisconsin: Milwaukee and the three WOW counties: Ozaukee, Washington, and Waukesha. The Metropolitan population of Milwaukee was 1,575,179 in the Census Bureau's 2019 estimate, making it the 39th largest in the United States. [8]
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