Bayfield, WI — income, home value, property tax, and sales tax.
In ZIP code 54821, near Bayfield, homes carry a median value of $321,400, and the county-level effective property tax rate of 1.01% translates to roughly $3,246 in annual taxes on such a home. With median household income at $57,813, that tax bill equals about 5.6% of a typical household's yearly earnings, a meaningful share. Per-capita income reaches $45,703, which softens the picture somewhat. A combined sales tax rate of 5.50% applies to purchases. Buyers weighing a move here should consider how the area's elevated home values stack up against local wages.
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