53942 Property Tax Rate

Property owners in ZIP code 53942 (Lime Ridge, Wisconsin) pay a median of $1,964/year in property taxes on homes valued at $119,600. This translates to an effective tax rate of 1.64%, which is 17% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 53942 is approximately $164, which factors into escrow payments on mortgages. This ZIP code is located within Sauk County. This is $1,235 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 53942 has lower property taxes. ZIP codes with similar effective rates include 53538 (1.64%) and 54302 (1.64%).

In Lime Ridge, property taxes represent approximately 1.8% of the median household income of $108,393, 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.