Total monthly cost of ownership
Cost to Own a Home in Cedarburg, Wisconsin
A $386,000 home here costs
$3,178per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $136,000 a year.
A standard mortgage calculator would have told you $2,104. The real number is $1,074 higher every month, 51% more than the payment most buyers budget for.
Compare Ozaukee County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cedarburg against Ozaukee County and Wisconsin
| Measure | Cedarburg | Ozaukee County |
|---|---|---|
| Median home value | $386,400 | $368,900 |
| Median property tax | $5,517 | $4,629 |
| Effective tax rate | 1.428% | 1.255% |
| Median gross rent | $1,057 | $1,112 |
| Population | 12,317 | 92,345 |
The weather behind that power bill
Cedarburg sits in Ozaukee County, which averages a high of 79.5°F in its hottest month and a low of 11.2°F in its coldest, with 31.88" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 390 cooling and 7,603 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Ozaukee County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ozaukee County
Full Ozaukee County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Cedarburg averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Cedarburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cedarburg I already own here and may sell
Common questions
How much does it cost to own a home in Cedarburg?
A $386,000 home in Cedarburg, Wisconsin costs approximately $3,178 per month with 20% down at 7.24%. That is $2,104 principal and interest, $459 property tax, $99 homeowners insurance, $193 utilities and $322 set aside for maintenance.
What is the property tax rate in Cedarburg?
Cedarburg has an effective property tax rate of 1.428%, based on a median home value of $386,400 and median real estate taxes of $5,517. That is higher than the Ozaukee County average of 1.255%.
What is the average home price in Cedarburg?
The median owner-occupied home value in Cedarburg, Wisconsin is $386,400, against $368,900 across Ozaukee County.
Is it cheaper to rent or buy in Cedarburg?
Median gross rent in Cedarburg is $1,057 a month, against $3,178 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Cedarburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cedarburg, Wisconsin at today's rate takes a household income of roughly $136,000 a year. That covers the full $3,178 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cedarburg, 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.