Total monthly cost of ownership
Cost to Own a Home in Elroy, Wisconsin
A $121,000 home here costs
$1,176per 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 $50,500 a year.
A standard mortgage calculator would have told you $660. The real number is $516 higher every month, 78% more than the payment most buyers budget for.
Compare Juneau County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Elroy from a five-year rolling sample, and with about 1,529 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Juneau County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Elroy against Juneau County and Wisconsin
| Measure | Elroy | Juneau County |
|---|---|---|
| Median home value | $120,500 | $165,200 |
| Median property tax | $2,279 | $2,517 |
| Effective tax rate | 1.891% | 1.524% |
| Median gross rent | $918 | $847 |
| Population | 1,529 | 26,695 |
The weather behind that power bill
Elroy sits in Juneau County, which averages a high of 80.9°F in its hottest month and a low of 7.6°F in its coldest, with 34.46" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 489 cooling and 7,639 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Juneau County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Juneau County
Full Juneau County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Elroy 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 Elroy every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Elroy?
A $121,000 home in Elroy, Wisconsin costs approximately $1,176 per month with 20% down at 7.24%. That is $660 principal and interest, $191 property tax, $31 homeowners insurance, $193 utilities and $101 set aside for maintenance.
What is the property tax rate in Elroy?
Elroy has an effective property tax rate of 1.891%, based on a median home value of $120,500 and median real estate taxes of $2,279. That is higher than the Juneau County average of 1.524%.
What is the average home price in Elroy?
The median owner-occupied home value in Elroy, Wisconsin is $120,500, against $165,200 across Juneau County.
Is it cheaper to rent or buy in Elroy?
Median gross rent in Elroy is $918 a month, against $1,176 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 Elroy?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Elroy, Wisconsin at today's rate takes a household income of roughly $50,500 a year. That covers the full $1,176 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Elroy, 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.