54202 Property Tax Rate

Property owners in ZIP code 54202 (Baileys Harbor, Wisconsin) pay a median of $3,323/year in property taxes on homes valued at $383,600. This translates to an effective tax rate of 0.87%, which is 38% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54202 is approximately $277, which factors into escrow payments on mortgages. This ZIP code is located within Door County.

Compared to similar ZIP codes in Wisconsin, 54202 has higher property taxes. ZIP codes with similar effective rates include 54859 (0.87%) and 53540 (0.86%).

In Baileys Harbor, property taxes represent approximately 4.7% of the median household income of $71,250, providing context for the relative tax burden on homeowners in this area.

Wisconsin reassesses annually without a state cap, though Door County's lower effective tax rate reflects lower assessment values; your primary residence qualifies for the Homestead Credit — an income-based reduction that saves eligible homeowners $150–$500 annually. Register for homestead credit status with the Door County Assessor right after purchase to ensure the reduction is applied to your first tax bill. Request a property value review with the Door County Assessor if your assessment increased sharply after purchase, particularly since vacation properties in Door County are assessed at higher rates than primary residences.