54844 Property Tax Rate

Property owners in ZIP code 54844 (Herbster, Wisconsin) pay a median of $2,906/year in property taxes on homes valued at $246,700. This translates to an effective tax rate of 1.18%, which is 16% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54844 is approximately $242, which factors into escrow payments on mortgages. This ZIP code is located within Bayfield County. This is $293 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54844 has higher property taxes. ZIP codes with similar effective rates include 54734 (1.18%) and 54458 (1.18%).

In Herbster, property taxes represent approximately 4.4% of the median household income of $65,625, providing context for the relative tax burden on homeowners in this area.

Wisconsin provides property tax relief through the income-based Homestead Credit on your state return rather than an exemption; you're eligible if property taxes exceed 3.6% of household income and income is under approximately $68,460. Contact the Bayfield County Assessor after purchase to ensure your home is classified as a primary residence and to ask about county exemptions for seniors, veterans, or disabled homeowners. Claim the Homestead Credit annually on your Wisconsin tax return (Form 1 or 1-NR) to recover overpaid property taxes.