Total monthly cost of ownership
Cost to Own a Home in Green Lake, Wisconsin
A $211,000 home here costs
$1,828per 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 $78,500 a year.
A standard mortgage calculator would have told you $1,150. The real number is $678 higher every month, 59% more than the payment most buyers budget for.
Compare Green Lake County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Green Lake from a five-year rolling sample, and with about 1,054 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 Green Lake 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.
Green Lake against Green Lake County and Wisconsin
| Measure | Green Lake | Green Lake County |
|---|---|---|
| Median home value | $211,400 | $206,300 |
| Median property tax | $3,058 | $2,709 |
| Effective tax rate | 1.447% | 1.313% |
| Median gross rent | $719 | $806 |
| Population | 1,054 | 19,165 |
The weather behind that power bill
Green Lake sits in Green Lake County, which averages a high of 81.8°F in its hottest month and a low of 8.9°F in its coldest, with 35.61" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 480 cooling and 7,683 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Green Lake County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Green Lake County
Full Green Lake County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Green 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 Green Lake every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Green Lake I already own here and may sell
Common questions
How much does it cost to own a home in Green Lake?
A $211,000 home in Green Lake, Wisconsin costs approximately $1,828 per month with 20% down at 7.24%. That is $1,150 principal and interest, $254 property tax, $54 homeowners insurance, $193 utilities and $176 set aside for maintenance.
What is the property tax rate in Green Lake?
Green Lake has an effective property tax rate of 1.447%, based on a median home value of $211,400 and median real estate taxes of $3,058. That is higher than the Green Lake County average of 1.313%.
What is the average home price in Green Lake?
The median owner-occupied home value in Green Lake, Wisconsin is $211,400, against $206,300 across Green Lake County.
Is it cheaper to rent or buy in Green Lake?
Median gross rent in Green Lake is $719 a month, against $1,828 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 Green Lake?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Green Lake, Wisconsin at today's rate takes a household income of roughly $78,500 a year. That covers the full $1,828 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Green 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.