Total monthly cost of ownership
Cost to Own a Home in Loyal, Wisconsin
A $115,000 home here costs
$1,157per 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 $49,500 a year.
A standard mortgage calculator would have told you $627. The real number is $530 higher every month, 85% more than the payment most buyers budget for.
Compare Clark County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Loyal from a five-year rolling sample, and with about 1,361 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 Clark 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.
Loyal against Clark County and Wisconsin
| Measure | Loyal | Clark County |
|---|---|---|
| Median home value | $114,700 | $163,800 |
| Median property tax | $2,533 | $2,467 |
| Effective tax rate | 2.208% | 1.506% |
| Median gross rent | $757 | $786 |
| Population | 1,361 | 34,736 |
The weather behind that power bill
Loyal 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 $125 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
Talk to someone who works this market
These are Loyal 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 Loyal every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Loyal?
A $115,000 home in Loyal, Wisconsin costs approximately $1,157 per month with 20% down at 7.24%. That is $627 principal and interest, $212 property tax, $30 homeowners insurance, $193 utilities and $96 set aside for maintenance.
What is the property tax rate in Loyal?
Loyal has an effective property tax rate of 2.208%, based on a median home value of $114,700 and median real estate taxes of $2,533. That is higher than the Clark County average of 1.506%.
What is the average home price in Loyal?
The median owner-occupied home value in Loyal, Wisconsin is $114,700, against $163,800 across Clark County.
Is it cheaper to rent or buy in Loyal?
Median gross rent in Loyal is $757 a month, against $1,157 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 Loyal?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Loyal, Wisconsin at today's rate takes a household income of roughly $49,500 a year. That covers the full $1,157 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Loyal, 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.