54517 Property Tax Rate

Property owners in ZIP code 54517 (Clam Lake, Wisconsin) pay a median of $4,385/year in property taxes on homes valued at $417,500. This translates to an effective tax rate of 1.05%, which is 25% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54517 is approximately $365, which factors into escrow payments on mortgages. This ZIP code is located within Ashland County. This is $1,186 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54517 has lower property taxes. ZIP codes with similar effective rates include 53058 (1.05%) and 54138 (1.05%).

In Clam Lake, property taxes represent approximately 6.1% of the median household income of $71,857, providing context for the relative tax burden on homeowners in this area.

Wisconsin has no state assessment cap for homeowners, but Ashland County offers the Homestead Credit — an income-dependent reduction that saves owner-occupied primary residences $100–$400 per year. File your homestead credit application with the Ashland County Assessor within 30 days of closing to activate the tax reduction on your first bill. Contact the Ashland County Assessor if your assessed value is significantly higher than comparable homes in your neighborhood that recently sold, requesting a reassessment within the 30-day protest window.