Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
Progressive Tax

Wisconsin Tax Guide

7.65%top marginal rate

Wisconsin has a progressive income tax with a top rate of 7.65%. Property taxes are among the highest in the nation. The state has a flat 5% sales tax with no local additions. Wisconsin has been reducing taxes in recent years through various credits and exemptions.

Wisconsin Tax at a Glance

Income Tax

7.65%

Top marginal rate

Sales Tax

5%

State-level rate

Property Tax

1.76%

60% above the national average

Estate Tax

No

No state estate tax

How Wisconsin Compares to the National Average

Top Income Tax Rate7.65%
0%National avg: 4.6%
State Sales Tax5%
0%National avg: 5.1%
Median Property Tax1.76%
0%National avg: 1.1%
WI

Notable Tax Facts

  • Top income tax rate of 7.65% is above the national average
  • Property taxes are high at ~1.76% effective rate
  • One of only a few states with no local sales tax option — 5% statewide is the only rate
  • No estate or inheritance tax — eliminated in 1992

Get Glen’s Updates

Investing insights, new tools, and whatever I’m building this week. Free. No spam.

Unsubscribe anytime. I respect your inbox more than Congress respects property rights.

Wisconsin Tax FAQ

What is Wisconsin's income tax rate?

Wisconsin has a progressive income tax with four brackets: 3.5%, 4.4%, 5.3%, and 7.65%. The top rate applies to income over $315,310 for single filers.

Does Wisconsin have local sales taxes?

No. Wisconsin has a uniform 5% state sales tax with no local additions. This is unusual — most states allow local jurisdictions to add their own sales tax.

Are Wisconsin property taxes high?

Yes. Wisconsin's effective property tax rate of about 1.76% is well above the national average. Property taxes are the primary funding source for schools and local services.

Does Wisconsin tax retirement income?

Wisconsin does not tax Social Security benefits. The state offers exemptions for certain retirement income, including military pensions.

Compare With Other States

Recommended Resources

Tools & books I actually use and recommend

Interactive Brokers

Low commissions, global market access, and professional-grade tools. This is where I hold my positions.

Open an Account

The Psychology of Money

Morgan Housel on why managing money is about behavior, not intelligence. Short, brilliant chapters you'll re-read.

View on Amazon

A Random Walk Down Wall Street

Burton Malkiel's classic case for index investing. The book that convinced millions to stop stock-picking.

View on Amazon

Some links above are affiliate links. I only recommend products I personally use. See my full disclosures.

Browse All 50 State Tax Guides

Educational content, not tax advice. Tax rates are approximate and subject to change. Consult a qualified CPA or tax professional for advice specific to your situation. Data reflects widely-known public information as of early 2026.