Total monthly cost of ownership
Cost to Own a Home in Ladysmith, Wisconsin
A $89,000 home here costs
$954per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $458. The real number is $496 higher every month — 108% 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.
Ladysmith against Rusk County and Wisconsin
| Measure | Ladysmith | Rusk County |
|---|---|---|
| Median home value | $88,800 | $152,000 |
| Median property tax | $1,841 | $1,834 |
| Effective tax rate | 2.073% | 1.207% |
| Median gross rent | $819 | $816 |
| Population | 3,152 | 14,146 |
The weather behind that power bill
Ladysmith sits in Rusk County, which averages a high of 78.5°F in its hottest month and a low of 2.0°F in its coldest, with 35.84" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 205 cooling and 8,745 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Rusk County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rusk County
No other places of this size are published in Rusk County.
Common questions
How much does it cost to own a home in Ladysmith?
A $89,000 home in Ladysmith, Wisconsin costs approximately $954 per month with 20% down at 6.66%. That is $458 principal and interest, $154 property tax, $23 homeowners insurance, $245 utilities and $74 set aside for maintenance.
What is the property tax rate in Ladysmith?
Ladysmith has an effective property tax rate of 2.073%, based on a median home value of $88,800 and median real estate taxes of $1,841. That is higher than the Rusk County average of 1.207%.
What is the average home price in Ladysmith?
The median owner-occupied home value in Ladysmith, Wisconsin is $88,800, against $152,000 across Rusk County.
Is it cheaper to rent or buy in Ladysmith?
Median gross rent in Ladysmith is $819 a month, against $954 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 Ladysmith — 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.