53561 Property Tax Rate

Property owners in ZIP code 53561 (Merrimac, Wisconsin) pay a median of $4,571/year in property taxes on homes valued at $407,400. This translates to an effective tax rate of 1.12%, which is 20% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53561 is approximately $381, which factors into escrow payments on mortgages. This ZIP code is located within Sauk County. This is $1,372 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53561 has higher property taxes. ZIP codes with similar effective rates include 54827 (1.12%) and 54810 (1.12%).

In Merrimac, property taxes represent approximately 4.8% of the median household income of $95,694, providing context for the relative tax burden on homeowners in this area.

Wisconsin reassesses properties annually to market value with no homestead exemption; the Sauk County Assessor adjusts all residential assessments yearly. Primary residence owners with household income below $67,800 may claim Wisconsin's Homestead Credit on state income taxes, reducing your liability by $50–$400 annually. File an assessment objection with the Sauk County Assessor by January 15 if comparable sales indicate your home is overassessed.