Taxes in Racine, Wisconsin
Complete tax guide for Racine, WI. State income tax up to 7.65%, 2.18% property tax, 5.5% sales tax. Calculate your total tax burden.
State Income Tax
7.65%
Wisconsin
Property Tax
2.18%
Effective rate
Sales Tax
5.5%
Combined rate
Tax Burden
Moderate
Racine, WI Tax Overview
Manufacturing city; high property taxes
Population
78,860
Median Income
$43,218
Cost of Living
82.3 (100 = avg)
State Income Tax
7.65%
Median Home Price
$140,000
Racine Tax Calculator
Pre-filled with Racine median: $43,218
Total Tax Burden in Racine
$9,760
Take-Home: $33,458 · Effective Rate: 22.58%
Federal Tax
$3,148
7.28% eff.
WI State
$3,306
7.65% eff.
FICA
$3,306
7.65% eff.
Take-Home
$33,458
77.42% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $43,218.00 | $3,601.50 |
| Federal Income Tax | -$3,147.66 | -$262.31 |
| Wisconsin State Tax | -$3,306.18 | -$275.51 |
| Social Security (6.2%) | -$2,679.52 | -$223.29 |
| Medicare (1.45%) | -$626.66 | -$52.22 |
| Take-Home Pay | $33,457.99 | $2,788.17 |
Property Tax in Racine
Median Home
$140,000
Annual Tax
$3,052
Monthly Tax
$254
Effective Rate
2.18%
Sales Tax in Racine
Combined Rate
5.5%
State Portion
~3.0%
Local Portion
~2.5%
The combined sales tax rate in Racine is 5.5%, which is below the national average of 7.12%. On a $100 purchase, you would pay $5.50 in sales tax.
Tax Burden Comparison
| Tax Type | Racine | Wisconsin Avg | National Avg |
|---|---|---|---|
| Income Tax | 7.65% | 7.65% | 4.6% |
| Property Tax | 2.18% | ~2.18% | 1.1% |
| Sales Tax | 5.5% | ~5.5% | 7.12% |
| Overall Burden | Moderate | — | Moderate |
Tax Saving Tips for Racine Residents
- Wisconsin's income tax rate of 7.65% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Racine (2.18%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
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ModerateCalculate Your Full Wisconsin Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Racine, WI?
Racine, Wisconsin has a state income tax rate up to 7.65%. The property tax rate is 2.18% and the combined sales tax rate is 5.5%. Manufacturing city; high property taxes
How much is property tax in Racine?
The effective property tax rate in Racine is 2.18%. On the median home price of $140,000, this equals approximately $3,052 per year or $254 per month. This is above the national average of 1.1%.
What is the sales tax rate in Racine?
The combined sales tax rate in Racine is 5.5%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Racine's tax burden compare to other cities?
Racine has a moderate overall tax burden. The effective total tax rate for a median-income household is approximately 28.8%. The combination of 7.65% state income tax, 2.18% property tax, and 5.5% sales tax determines the total burden. Cost of living index is 82.3 (100 = national average).
Are there any local taxes in Racine?
Racine does not impose a separate local or city income tax. Residents pay the state income tax of 7.65%, federal income tax, and FICA (Social Security and Medicare). Manufacturing city; high property taxes