Total monthly cost of ownership
Cost to Own a Home in Greenwood, Wisconsin
A $108,000 home here costs
$1,104per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $555. The real number is $549 higher every month — 99% 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.
Greenwood against Clark County and Wisconsin
| Measure | Greenwood | Clark County |
|---|---|---|
| Median home value | $107,500 | $163,800 |
| Median property tax | $2,214 | $2,467 |
| Effective tax rate | 2.060% | 1.506% |
| Median gross rent | $655 | $786 |
| Population | 1,163 | 34,736 |
The weather behind that power bill
Greenwood sits in Clark County, which averages a high of 79.6°F in its hottest month and a low of 6.8°F in its coldest, with 24.94" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 391 cooling and 8,119 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Clark County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clark County
Full Clark County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Greenwood?
A $108,000 home in Greenwood, Wisconsin costs approximately $1,104 per month with 20% down at 6.66%. That is $555 principal and interest, $185 property tax, $28 homeowners insurance, $245 utilities and $90 set aside for maintenance.
What is the property tax rate in Greenwood?
Greenwood has an effective property tax rate of 2.060%, based on a median home value of $107,500 and median real estate taxes of $2,214. That is higher than the Clark County average of 1.506%.
What is the average home price in Greenwood?
The median owner-occupied home value in Greenwood, Wisconsin is $107,500, against $163,800 across Clark County.
Is it cheaper to rent or buy in Greenwood?
Median gross rent in Greenwood is $655 a month, against $1,104 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 Greenwood — 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.