53589 Property Tax Rate

Property owners in ZIP code 53589 (Stoughton, Wisconsin) pay a median of $5,023/year in property taxes on homes valued at $318,300. This translates to an effective tax rate of 1.58%, which is 12% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53589 is approximately $419, which factors into escrow payments on mortgages. This ZIP code is located within Dane County. This is $1,824 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53589 has lower property taxes. ZIP codes with similar effective rates include 54230 (1.58%) and 54759 (1.58%).

In Stoughton, property taxes represent approximately 5.4% of the median household income of $93,509, providing context for the relative tax burden on homeowners in this area.

Wisconsin reassesses all residential properties annually to fair market value without a homestead exemption; Dane County properties see market-rate adjustments yearly. Households earning under $67,800 on a primary residence qualify for Wisconsin's Homestead Credit — claim it on your state income tax return for $50–$800 annual relief. Request a Board of Review hearing with the Dane County Assessor by the second Monday in May to contest your assessment.