54120 Property Tax Rate

Property owners in ZIP code 54120 (Fence, Wisconsin) pay a median of $2,310/year in property taxes on homes valued at $200,000. This translates to an effective tax rate of 1.16%, which is 18% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54120 is approximately $193, which factors into escrow payments on mortgages. This ZIP code is located within Florence County. This is $889 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54120 has lower property taxes. ZIP codes with similar effective rates include 53118 (1.16%) and 54412 (1.16%).

In Fence, property taxes represent approximately 4.6% of the median household income of $50,000, providing context for the relative tax burden on homeowners in this area.

Wisconsin has no annual assessment cap for homeowners, but your primary residence qualifies for the Homestead Credit — a refundable income-based tax reduction that saves qualifying homeowners $200–$400 annually in Florence County. Register your homestead credit claim with the Florence County Assessor's office immediately after closing to secure the reduction on your first bill. Request a property inspection with the Florence County Assessor within 60 days if you believe your assessment is inaccurate or if comparable homes in your neighborhood are assessed significantly lower.