Total monthly cost of ownership
Cost to Own a Home in Grantsburg, Wisconsin
A $140,000 home here costs
$1,297per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $720. The real number is $577 higher every month — 80% 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.
Grantsburg against Burnett County and Wisconsin
| Measure | Grantsburg | Burnett County |
|---|---|---|
| Median home value | $139,600 | $215,500 |
| Median property tax | $2,138 | $2,052 |
| Effective tax rate | 1.532% | 0.952% |
| Median gross rent | $696 | $758 |
| Population | 1,359 | 16,741 |
The weather behind that power bill
Grantsburg sits in Burnett County, which averages a high of 82.4°F in its hottest month and a low of 1.2°F in its coldest, with 33.77" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 479 cooling and 8,422 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Burnett County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Burnett County
No other places of this size are published in Burnett County.
Full Burnett County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Grantsburg?
A $140,000 home in Grantsburg, Wisconsin costs approximately $1,297 per month with 20% down at 6.66%. That is $720 principal and interest, $179 property tax, $36 homeowners insurance, $245 utilities and $117 set aside for maintenance.
What is the property tax rate in Grantsburg?
Grantsburg has an effective property tax rate of 1.532%, based on a median home value of $139,600 and median real estate taxes of $2,138. That is higher than the Burnett County average of 0.952%.
What is the average home price in Grantsburg?
The median owner-occupied home value in Grantsburg, Wisconsin is $139,600, against $215,500 across Burnett County.
Is it cheaper to rent or buy in Grantsburg?
Median gross rent in Grantsburg is $696 a month, against $1,297 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 Grantsburg — 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.