Property Tax & Income in Iron County, Wisconsin
Iron County has an effective property tax rate of 1.07%. On the median home value of $165,900, that's roughly $1,768 per year. Median household income is $60,625.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Iron County | Wisconsin (state context) |
|---|---|---|
| Effective property tax rate1 | 1.07% | 1.36% |
| Median home value1 | $165,900 | — |
| State income tax3 | top rate 7.65% | top rate 7.65% |
| State sales tax3 | 5.72% combined | 5.72% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Iron County, WI
Property owners in Iron County, Wisconsin, face an effective property tax rate of 1.066%, which sits below the statewide median of 1.362%. That gap matters, since the county ranks 65th out of Wisconsin's 72 counties for property tax rate, placing it among the lower-taxed counties in the state. Compared with the national median of 0.794%, however, Iron County's rate runs higher. The median home value here is $165,900, producing a median annual real-estate tax bill of $1,768. Households earn a median of $60,625, while per-capita income reaches $38,274. Communities such as Hurley, Gile, and Iron Belt fall within the county's borders. The picture is one of a rural northern Wisconsin county where property taxes land below the state norm but above what many homeowners elsewhere in the country pay.