54622 Property Tax Rate

Property owners in ZIP code 54622 (Cochrane, Wisconsin) pay a median of $2,585/year in property taxes on homes valued at $181,300. This translates to an effective tax rate of 1.43%, which is near the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54622 is approximately $215, which factors into escrow payments on mortgages. This ZIP code is located within Buffalo County. This is $614 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54622 has higher property taxes. ZIP codes with similar effective rates include 53901 (1.43%) and 53121 (1.43%).

In Cochrane, property taxes represent approximately 3.3% of the median household income of $79,531, providing context for the relative tax burden on homeowners in this area.

Wisconsin offers no homestead exemption, but the Homestead Credit on your state tax return offsets property taxes if they exceed 3.6% of household income for those earning under $68,460. Register your primary residence with the Buffalo County Assessor after closing to confirm homestead classification and access any county-specific relief programs. Apply for the Homestead Credit annually on your Wisconsin income tax return to claim reimbursement for excess property taxes paid.