Total monthly cost of ownership
Cost to Own a Home in Loyal, Wisconsin
A $115,000 home here costs
$1,174per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $591. The real number is $583 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.
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 $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 Loyal?
A $115,000 home in Loyal, Wisconsin costs approximately $1,174 per month with 20% down at 6.66%. That is $591 principal and interest, $212 property tax, $30 homeowners insurance, $245 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 $1,174 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 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.