54007 Property Tax Rate

Property owners in ZIP code 54007 (Deer Park, Wisconsin) pay a median of $2,985/year in property taxes on homes valued at $247,300. This translates to an effective tax rate of 1.21%, which is 14% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54007 is approximately $249, which factors into escrow payments on mortgages. This ZIP code is located within St. Croix County. This is $214 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54007 has higher property taxes. ZIP codes with similar effective rates include 54002 (1.21%) and 53020 (1.21%).

In Deer Park, property taxes represent approximately 3.6% of the median household income of $83,618, providing context for the relative tax burden on homeowners in this area.

Wisconsin reassesses all properties annually to fair market value without a homestead exemption or cap on assessment growth. Primary residence owners earning under $67,800 can claim Wisconsin's Homestead Credit on their state income tax return for $50–$400 annual tax relief. File an objection with the St. Croix County Assessor by January 15 if you believe your assessment exceeds fair market value.