54442 Property Tax Rate

Property owners in ZIP code 54442 (Irma, Wisconsin) pay a median of $2,641/year in property taxes on homes valued at $223,700. This translates to an effective tax rate of 1.18%, which is 16% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54442 is approximately $220, which factors into escrow payments on mortgages. This ZIP code is located within Lincoln County. This is $558 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54442 has lower property taxes. ZIP codes with similar effective rates include 53046 (1.18%) and 53183 (1.18%).

In Irma, property taxes represent approximately 4.1% of the median household income of $65,000, providing context for the relative tax burden on homeowners in this area.

Wisconsin property taxes increase annually with no state cap, but Lincoln County homeowners receive the Homestead Credit — an income-dependent reduction that saves owner-occupied primary residences $150–$400+ per year. Register for homestead credit status with the Lincoln County Assessor within 30 days of closing to apply the reduction to your first tax bill. Submit an assessment protest to the Lincoln County Assessor if your home's assessed value exceeds comparable sales in your area by more than 10%, typically within 30 days of receiving the assessment notice.