54494 Property Tax Rate

Wisconsin Rapids, Wisconsin · Part of Wood County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

1.53%

18.1% below state avg

Median Annual Tax

$2,620

$218/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$2,620

Monthly

$218

Eff. Rate

1.53%

vs. Wisconsin Avg18.1% below
vs. National Avg2.6% below

Buyer decision brief

What ZIP 54494 means for your housing budget

Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.

Monthly escrow signal

$218/mo

Based on median annual tax paid

State context

0.13 percentage points above the Wisconsin average

Wisconsin average: 1.40%

Data confidence

High confidence

The Census margin of error is $80, about 3% of the median tax estimate.

Verify before you offer

  • Confirm parcel assessed value with Wood County assessor.
  • Check homestead, senior, veteran, and disability exemptions.
  • Ask whether purchase triggers reassessment or value-cap reset.
  • Review school district and special assessment boundaries.

This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.

Data confidence ledger

Can you trust ZIP 54494 for comparison?

Quality score 96/100

ACS vintage

2019-2023 ACS 5-Year Estimates

Five-year Census ZCTA estimates.

ZCTA caveat

Census area, not parcel boundary

USPS ZIP routes and taxing districts can differ inside the same area.

Field completeness

3/3 required fields

Median tax, home value, and derived rate are present.

MOE status

Strong ACS confidence

$80 tax MOE, 3% of the median tax estimate.

Last site refresh

March 10, 2026

Dataset and page-quality audit run locally before publication.

County fallback

County advisory available

Wood County is used for assessor verification and broader context.

Tax bill anatomy

What can change your actual bill in ZIP 54494

Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.

Assessed value

The ZCTA median home value is $170,800, but your bill starts with the local assessed value for a specific parcel.

Effective rate

The displayed rate is 1.53%, derived from median tax paid divided by median home value.

Exemptions

Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.

Reassessment

A purchase can change assessed value depending on Wisconsin and county rules. Ask how sale price affects the next assessment cycle.

Escrow impact

The median tax paid in this ZCTA equals about $218 per month before insurance, HOA dues, or special assessments.

Assessor verification

Wood County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.

How ZIP 54494 Compares

Median Annual Property Tax

ZIP 54494$2,620
Wisconsin Average$3,199
National Average$2,690

ZIP 54494

1.53%

Effective rate

Wisconsin Avg

1.40%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in Wisconsin

0.60%state avg 1.40%3.49%

Higher than 71% of ZIP codes in Wisconsin(71th percentile, 761 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 54494

Property owners in ZIP code 54494 (Wisconsin Rapids, Wisconsin) pay a median of $2,620/year in property taxes on homes valued at $170,800. This translates to an effective tax rate of 1.53%, which is 9% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54494 is approximately $218, which factors into escrow payments on mortgages. This ZIP code is located within Wood County. This is $579 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54494 has higher property taxes. ZIP codes with similar effective rates include 53804 (1.53%) and 54124 (1.53%).

In Wisconsin Rapids, property taxes represent approximately 3.7% of the median household income of $71,087, providing context for the relative tax burden on homeowners in this area.

Wisconsin reassesses properties annually without a state cap, but your primary residence qualifies for the Homestead Credit — an income-sensitive reduction that typically saves Wood County homeowners $100–$400 per year. File for homestead credit status with the Wood County Assessor within 30 days of purchase to activate the tax reduction on your first bill. Request a property inspection with the Wood County Assessor if your assessment increased dramatically from the previous owner's value, especially if no major improvements justify the increase.

Frequently Asked Questions

What is the property tax rate in ZIP code 54494?
The effective property tax rate in ZIP code 54494 (Wisconsin Rapids, WI) is 1.53%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Wisconsin Rapids, WI (54494)?
The median annual property tax payment in ZIP code 54494 is $2,620. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 54494 compare to the Wisconsin average?
ZIP code 54494's effective tax rate of 1.53% is higher than the Wisconsin state average of 1.40%. The median annual property tax in this ZIP is $2,620, compared to the state average of $3,199.
What is the median home value in ZIP 54494?
The median home value in ZIP code 54494 (Wisconsin Rapids, WI) is $170,800, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 54494 in?
ZIP code 54494 is part of Wood County in Wisconsin. For broader county-level property tax data, including comparisons with other counties in Wisconsin, visit the Wood County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$80. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 54494 is part of Wood County, Wisconsin. View the full county profile for broader context and more data.

View Wood County on TaxByCounty →

Explore Wisconsin Rapids, WI

View all 2 ZIP codes in Wisconsin Rapids with property tax comparisons.

View Wisconsin Rapids Property Tax Rates →
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →