Total monthly cost of ownership
Cost to Own a Home in Fontana-on-Geneva Lake, Wisconsin
A $556,000 home here costs
$4,304per 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 $184,500 a year.
A standard mortgage calculator would have told you $3,031. The real number is $1,273 higher every month, 42% more than the payment most buyers budget for.
Compare Walworth County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Fontana-on-Geneva Lake from a five-year rolling sample, and with about 1,633 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 Walworth 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.
Fontana-on-Geneva Lake against Walworth County and Wisconsin
| Measure | Fontana-on-Geneva Lake | Walworth County |
|---|---|---|
| Median home value | $555,800 | $275,900 |
| Median property tax | $5,672 | $3,964 |
| Effective tax rate | 1.021% | 1.437% |
| Median gross rent | $1,338 | $1,090 |
| Population | 1,633 | 105,447 |
The weather behind that power bill
Fontana-on-Geneva Lake sits in Walworth County, which averages a high of 82.9°F in its hottest month and a low of 13.4°F in its coldest, with 36.74" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 631 cooling and 6,933 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Walworth County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Walworth County
Full Walworth County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Fontana-on-Geneva Lake 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 Fontana-on-Geneva Lake every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Fontana-on-Geneva Lake I already own here and may sell
Common questions
How much does it cost to own a home in Fontana-on-Geneva Lake?
A $556,000 home in Fontana-on-Geneva Lake, Wisconsin costs approximately $4,304 per month with 20% down at 7.24%. That is $3,031 principal and interest, $473 property tax, $143 homeowners insurance, $193 utilities and $463 set aside for maintenance.
What is the property tax rate in Fontana-on-Geneva Lake?
Fontana-on-Geneva Lake has an effective property tax rate of 1.021%, based on a median home value of $555,800 and median real estate taxes of $5,672. That is lower than the Walworth County average of 1.437%.
What is the average home price in Fontana-on-Geneva Lake?
The median owner-occupied home value in Fontana-on-Geneva Lake, Wisconsin is $555,800, against $275,900 across Walworth County.
Is it cheaper to rent or buy in Fontana-on-Geneva Lake?
Median gross rent in Fontana-on-Geneva Lake is $1,338 a month, against $4,304 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 Fontana-on-Geneva Lake?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Fontana-on-Geneva Lake, Wisconsin at today's rate takes a household income of roughly $184,500 a year. That covers the full $4,304 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Fontana-on-Geneva Lake, 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.