53711 Property Tax Rate

Property owners in ZIP code 53711 (Madison, Wisconsin) pay a median of $7,083/year in property taxes on homes valued at $387,600. This translates to an effective tax rate of 1.83%, which is 30% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53711 is approximately $590, which factors into escrow payments on mortgages. This ZIP code is located within Dane County. This is $3,884 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53711 has lower property taxes. ZIP codes with similar effective rates include 54603 (1.83%) and 54935 (1.83%).

In Madison, property taxes represent approximately 7.0% of the median household income of $101,236, 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.