54970 Property Tax Rate

Property owners in ZIP code 54970 (Redgranite, Wisconsin) pay a median of $1,887/year in property taxes on homes valued at $150,900. This translates to an effective tax rate of 1.25%, which is 11% below the Wisconsin state average of 1.40%.

The monthly property tax burden for a median-valued home in 54970 is approximately $157, which factors into escrow payments on mortgages. This ZIP code is located within Waushara County. This is $1,312 less than the Wisconsin average of $3,199/year.

Compared to similar ZIP codes in Wisconsin, 54970 has higher property taxes. ZIP codes with similar effective rates include 54126 (1.25%) and 54530 (1.25%).

In Redgranite, property taxes represent approximately 2.9% of the median household income of $64,653, providing context for the relative tax burden on homeowners in this area.

Wisconsin provides property tax relief through the Homestead Credit (claimed on your state return) rather than an exemption—eligible if property taxes exceed 3.6% of household income with an income limit around $68,460. Register with the Waushara County Assessor after closing to confirm primary residence status and ask about local exemptions for seniors, veterans, or disabled homeowners. File the Homestead Credit annually on your Wisconsin tax return (Form 1 or 1-NR) to recover overpaid property taxes.