Total monthly cost of ownership
Cost to Own a Home in Hayward, Wisconsin
A $184,000 home here costs
$1,549per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $946. The real number is $603 higher every month — 64% 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.
Hayward against Sawyer County and Wisconsin
| Measure | Hayward | Sawyer County |
|---|---|---|
| Median home value | $184,200 | $223,300 |
| Median property tax | $1,878 | $1,899 |
| Effective tax rate | 1.020% | 0.850% |
| Median gross rent | $691 | $683 |
| Population | 2,549 | 18,243 |
The weather behind that power bill
Hayward sits in Sawyer County, which averages a high of 77.7°F in its hottest month and a low of 1.6°F in its coldest, with 35.17" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 263 cooling and 8,997 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Sawyer County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sawyer County
Full Sawyer County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Hayward?
A $184,000 home in Hayward, Wisconsin costs approximately $1,549 per month with 20% down at 6.66%. That is $946 principal and interest, $156 property tax, $47 homeowners insurance, $245 utilities and $153 set aside for maintenance.
What is the property tax rate in Hayward?
Hayward has an effective property tax rate of 1.020%, based on a median home value of $184,200 and median real estate taxes of $1,878. That is higher than the Sawyer County average of 0.850%.
What is the average home price in Hayward?
The median owner-occupied home value in Hayward, Wisconsin is $184,200, against $223,300 across Sawyer County.
Is it cheaper to rent or buy in Hayward?
Median gross rent in Hayward is $691 a month, against $1,549 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 Hayward — 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.