54017 Property Tax Rate

Property owners in ZIP code 54017 (New Richmond, Wisconsin) pay a median of $3,952/year in property taxes on homes valued at $301,900. This translates to an effective tax rate of 1.31%, which is 7% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54017 is approximately $329, which factors into escrow payments on mortgages. This ZIP code is located within St. Croix County. This is $753 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54017 has higher property taxes. ZIP codes with similar effective rates include 54960 (1.31%) and 53090 (1.31%).

In New Richmond, property taxes represent approximately 4.0% of the median household income of $99,804, 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.