54427 Property Tax Rate

Property owners in ZIP code 54427 (Eland, Wisconsin) pay a median of $1,942/year in property taxes on homes valued at $176,000. This translates to an effective tax rate of 1.10%, which is 21% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54427 is approximately $162, which factors into escrow payments on mortgages. This ZIP code is located within Marathon County. This is $1,257 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54427 has lower property taxes. ZIP codes with similar effective rates include 54840 (1.10%) and 54664 (1.10%).

In Eland, property taxes represent approximately 2.5% of the median household income of $79,167, providing context for the relative tax burden on homeowners in this area.

Wisconsin has no state cap on annual assessment increases, but Marathon County homeowners benefit from the Homestead Credit — an income-dependent reduction that provides $100–$400+ in annual tax relief for owner-occupied primary residences. Apply for homestead credit with the Marathon County Assessor within 30 days of closing to activate the reduction on your first tax bill. File a formal assessment challenge with the Marathon County Assessor by the protest deadline (typically 30 days after the assessment notice) if your home's assessed value exceeds recent comparable sales by 10% or more.