Total monthly cost of ownership
Cost to Own a Home in Crandon, Wisconsin
A $129,000 home here costs
$1,215per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $663. The real number is $552 higher every month — 83% 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.
Crandon against Forest County and Wisconsin
| Measure | Crandon | Forest County |
|---|---|---|
| Median home value | $129,400 | $170,000 |
| Median property tax | $1,997 | $1,988 |
| Effective tax rate | 1.543% | 1.169% |
| Median gross rent | $597 | $585 |
| Population | 1,499 | 9,261 |
The weather behind that power bill
Crandon sits in Forest County, which averages a high of 73.4°F in its hottest month and a low of 4.0°F in its coldest, with 34.14" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 146 cooling and 9,331 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Forest County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Forest County
No other places of this size are published in Forest County.
Full Forest County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Crandon?
A $129,000 home in Crandon, Wisconsin costs approximately $1,215 per month with 20% down at 6.66%. That is $663 principal and interest, $166 property tax, $33 homeowners insurance, $245 utilities and $108 set aside for maintenance.
What is the property tax rate in Crandon?
Crandon has an effective property tax rate of 1.543%, based on a median home value of $129,400 and median real estate taxes of $1,997. That is higher than the Forest County average of 1.169%.
What is the average home price in Crandon?
The median owner-occupied home value in Crandon, Wisconsin is $129,400, against $170,000 across Forest County.
Is it cheaper to rent or buy in Crandon?
Median gross rent in Crandon is $597 a month, against $1,215 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 Crandon — 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.