54766 Property Tax Rate

Property owners in ZIP code 54766 (Sheldon, Wisconsin) pay a median of $1,992/year in property taxes on homes valued at $135,900. This translates to an effective tax rate of 1.47%, which is 4% above the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54766 is approximately $166, which factors into escrow payments on mortgages. This ZIP code is located within Taylor County. This is $1,207 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54766 has higher property taxes. ZIP codes with similar effective rates include 54763 (1.47%) and 53014 (1.47%).

In Sheldon, property taxes represent approximately 3.2% of the median household income of $62,847, providing context for the relative tax burden on homeowners in this area.

Wisconsin reassesses annually with no state cap, but Taylor County primary residences qualify for the Homestead Credit — an income-based reduction providing $100–$350 in annual tax savings for qualifying homeowners. File your homestead credit application with the Taylor County Assessor within 30 days of purchase to activate the reduction starting with your first tax bill. Review your assessment annually and file a written challenge with the Taylor County Assessor (typically due 30 days after the assessment notice) if your property value seems disproportionately high compared to recent neighborhood sales.