Total monthly cost of ownership
Cost to Own a Home in Albany, Wisconsin
A $167,000 home here costs
$1,530per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $859. The real number is $672 higher every month — 78% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Albany against Green County and Wisconsin
| Measure | Albany | Green County |
|---|---|---|
| Median home value | $166,800 | $236,900 |
| Median property tax | $2,925 | $3,882 |
| Effective tax rate | 1.754% | 1.639% |
| Median gross rent | $864 | $851 |
| Population | 1,065 | 37,036 |
The weather behind that power bill
Albany sits in Green County, which averages a high of 82.5°F in its hottest month and a low of 10.9°F in its coldest, with 39.73" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 697 cooling and 7,115 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Green County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Green County
Full Green County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Albany?
A $167,000 home in Albany, Wisconsin costs approximately $1,530 per month with 20% down at 6.66%. That is $859 principal and interest, $244 property tax, $43 homeowners insurance, $245 utilities and $139 set aside for maintenance.
What is the property tax rate in Albany?
Albany has an effective property tax rate of 1.754%, based on a median home value of $166,800 and median real estate taxes of $2,925. That is higher than the Green County average of 1.639%.
What is the average home price in Albany?
The median owner-occupied home value in Albany, Wisconsin is $166,800, against $236,900 across Green County.
Is it cheaper to rent or buy in Albany?
Median gross rent in Albany is $864 a month, against $1,530 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Albany — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Wisconsin.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.