53548 Property Tax Rate

Property owners in ZIP code 53548 (Janesville, Wisconsin) pay a median of $3,882/year in property taxes on homes valued at $226,600. This translates to an effective tax rate of 1.71%, which is 22% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53548 is approximately $324, which factors into escrow payments on mortgages. This ZIP code is located within Rock County. This is $683 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53548 has lower property taxes. ZIP codes with similar effective rates include 54971 (1.71%) and 53511 (1.71%).

In Janesville, property taxes represent approximately 5.2% of the median household income of $74,696, providing context for the relative tax burden on homeowners in this area.

Wisconsin properties are reassessed annually at fair market value; there is no state homestead exemption or cap on assessment growth. Qualifying primary residence owners with household income below $67,800 can claim the Homestead Credit on their Wisconsin state tax return, which typically saves $50–$300 annually. File an objection with the Rock County Assessor by January 15 if you disagree with your assessment.