54701 Property Tax Rate

Property owners in ZIP code 54701 (Eau Claire, Wisconsin) pay a median of $3,834/year in property taxes on homes valued at $265,000. This translates to an effective tax rate of 1.45%, which is 3% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54701 is approximately $320, which factors into escrow payments on mortgages. This ZIP code is located within Eau Claire County. This is $635 more than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54701 has lower property taxes. ZIP codes with similar effective rates include 54130 (1.45%) and 54665 (1.45%).

In Eau Claire, property taxes represent approximately 5.4% of the median household income of $71,406, providing context for the relative tax burden on homeowners in this area.

Wisconsin has no homestead property tax exemption but offers the Homestead Credit on your state return if property taxes exceed 3.6% of household income (income cap around $68,460). Contact the Eau Claire County Assessor after closing to confirm primary residence classification and ask about local exemption programs for seniors, disabled persons, or veterans. Claim the Homestead Credit on Form 1 or 1-NR each tax year to recover eligible property tax payments.