🏦 Mortgage Calculators Wisconsin

How Much House Can I Afford in Wisconsin?

Find out how much house you can afford in Wisconsin with 1.85% property tax. Uses 28/36 rule with Wisconsin-specific data.

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Wisconsin Quick Facts
7.7% Income Tax Rate
1.85% Property Tax Rate
$67,125 Median Income
93.3 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Wisconsin using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Wisconsin's effective property tax rate of 1.85% and average home insurance of $1,380/year. Median home price in Wisconsin: $260,000.

Key State Information

Wisconsin housing market: Median home price $260,000 | Property tax rate 1.85% | Avg home insurance $1,380/yr | Median household income $67,125. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
Census Bureau, Zillow, Tax Foundation
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Wisconsin?

With Wisconsin's median household income of $67,125 and a 10% down payment, you can typically afford a home priced around $234,938-$302,063 depending on debts and interest rates. The median home in Wisconsin costs $260,000.

What is the property tax rate in Wisconsin?

Wisconsin's effective property tax rate is 1.85%. On a $260,000 home, that's approximately $4,810/year or $401/month.

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