54801 Property Tax Rate

Property owners in ZIP code 54801 (Spooner, Wisconsin) pay a median of $2,395/year in property taxes on homes valued at $198,500. This translates to an effective tax rate of 1.21%, which is 14% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54801 is approximately $200, which factors into escrow payments on mortgages. This ZIP code is located within Washburn County. This is $804 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54801 has higher property taxes. ZIP codes with similar effective rates include 54025 (1.21%) and 54407 (1.21%).

In Spooner, property taxes represent approximately 4.1% of the median household income of $58,591, providing context for the relative tax burden on homeowners in this area.

Wisconsin does not offer a traditional homestead exemption but provides income-based Homestead Credit relief on your state tax return if property taxes exceed 3.6% of household income. Contact the Washburn County Assessor after closing to verify your primary residence classification and to ask about local exemptions for seniors, veterans, or disabled homeowners. File the Homestead Credit claim on your Wisconsin income tax return (Form 1 or 1-NR) each year to recover eligible property taxes paid.