Total monthly cost of ownership
Cost to Own a Home in Durand, Wisconsin
A $139,000 home here costs
$1,325per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $715. The real number is $610 higher every month — 85% 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.
Durand against Pepin County and Wisconsin
| Measure | Durand | Pepin County |
|---|---|---|
| Median home value | $138,800 | $196,100 |
| Median property tax | $2,551 | $2,875 |
| Effective tax rate | 1.838% | 1.466% |
| Median gross rent | $791 | $860 |
| Population | 1,735 | 7,372 |
The weather behind that power bill
Durand sits in Pepin County, which averages a high of 82.4°F in its hottest month and a low of 4.5°F in its coldest, with 35.19" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 578 cooling and 7,784 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Pepin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pepin County
No other places of this size are published in Pepin County.
Full Pepin County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Durand?
A $139,000 home in Durand, Wisconsin costs approximately $1,325 per month with 20% down at 6.66%. That is $715 principal and interest, $213 property tax, $36 homeowners insurance, $245 utilities and $116 set aside for maintenance.
What is the property tax rate in Durand?
Durand has an effective property tax rate of 1.838%, based on a median home value of $138,800 and median real estate taxes of $2,551. That is higher than the Pepin County average of 1.466%.
What is the average home price in Durand?
The median owner-occupied home value in Durand, Wisconsin is $138,800, against $196,100 across Pepin County.
Is it cheaper to rent or buy in Durand?
Median gross rent in Durand is $791 a month, against $1,325 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 Durand — 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.