53563 Property Tax Rate

Property owners in ZIP code 53563 (Milton, Wisconsin) pay a median of $4,583/year in property taxes on homes valued at $270,800. This translates to an effective tax rate of 1.69%, which is 21% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53563 is approximately $382, which factors into escrow payments on mortgages. This ZIP code is located within Rock County. This is $1,384 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53563 has higher property taxes. ZIP codes with similar effective rates include 53525 (1.69%) and 54416 (1.69%).

In Milton, property taxes represent approximately 5.1% of the median household income of $89,397, 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.