53518 Property Tax Rate

Property owners in ZIP code 53518 (Blue River, Wisconsin) pay a median of $2,259/year in property taxes on homes valued at $147,000. This translates to an effective tax rate of 1.54%, which is 9% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53518 is approximately $188, which factors into escrow payments on mortgages. This ZIP code is located within Richland County. This is $940 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53518 has lower property taxes. ZIP codes with similar effective rates include 53533 (1.54%) and 54720 (1.54%).

In Blue River, property taxes represent approximately 3.9% of the median household income of $58,198, providing context for the relative tax burden on homeowners in this area.

Wisconsin has no homestead exemption or cap on annual assessment increases; your property's assessed value is adjusted yearly to fair market value by the Richland County Assessor. Households earning under $67,800 on a primary residence may qualify for Wisconsin's Homestead Credit through your state income tax filing. Contact the Richland County Assessor to request a reassessment if recent comparable sales suggest your home is overvalued.