Total monthly cost of ownership
Cost to Own a Home in Keshena, Wisconsin
A $112,000 home here costs
$1,116per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $576. The real number is $541 higher every month — 94% 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.
Keshena against Menominee County and Wisconsin
| Measure | Keshena | Menominee County |
|---|---|---|
| Median home value | $112,000 | $97,000 |
| Median property tax | $2,076 | $3,527 |
| Effective tax rate | 1.854% | 3.636% |
| Median gross rent | $638 | $624 |
| Population | 1,487 | 4,256 |
The weather behind that power bill
Keshena sits in Menominee County, which averages a high of 78.8°F in its hottest month and a low of 5.1°F in its coldest, with 32.08" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 302 cooling and 8,415 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Menominee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Menominee County
Full Menominee County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Keshena?
A $112,000 home in Keshena, Wisconsin costs approximately $1,116 per month with 20% down at 6.66%. That is $576 principal and interest, $173 property tax, $29 homeowners insurance, $245 utilities and $93 set aside for maintenance.
What is the property tax rate in Keshena?
Keshena has an effective property tax rate of 1.854%, based on a median home value of $112,000 and median real estate taxes of $2,076. That is lower than the Menominee County average of 3.636%.
What is the average home price in Keshena?
The median owner-occupied home value in Keshena, Wisconsin is $112,000, against $97,000 across Menominee County.
Is it cheaper to rent or buy in Keshena?
Median gross rent in Keshena is $638 a month, against $1,116 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 Keshena — 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.