53556 Property Tax Rate

Property owners in ZIP code 53556 (Lone Rock, Wisconsin) pay a median of $2,490/year in property taxes on homes valued at $176,600. This translates to an effective tax rate of 1.41%, which is near the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53556 is approximately $208, which factors into escrow payments on mortgages. This ZIP code is located within Richland County. This is $709 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53556 has higher property taxes. ZIP codes with similar effective rates include 54486 (1.41%) and 53526 (1.41%).

In Lone Rock, property taxes represent approximately 3.7% of the median household income of $67,188, 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.