Friday, March 28, 2008

Property Values Rise

Property values in the state rose 6.2%, according to a report from the Public Policy Forum. Ozaukee County was up 6.6%; Washington County, 5.7%; Racine County, 5.6%; Milwaukee County, 5.5%; and Waukesha County, 5.1%.

Chenequa, in Waukesha County had nearly 1 million in equalized property value per resident whereas Whitewater, in Walworth County had only $49,079 in property value per resident according to the study.

Walworth and Kenosha Counties which are nearest Illinois had the largest increases; up 10.5% and 7.2% last year.

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