Total monthly cost of ownership
Cost to Own a Home in Menomonie, Wisconsin
A $204,000 home here costs
$1,825per 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 $78,000 a year.
A standard mortgage calculator would have told you $1,112. The real number is $713 higher every month, 64% more than the payment most buyers budget for.
Compare Dunn County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Menomonie against Dunn County and Wisconsin
| Measure | Menomonie | Dunn County |
|---|---|---|
| Median home value | $203,800 | $226,200 |
| Median property tax | $3,564 | $3,325 |
| Effective tax rate | 1.749% | 1.470% |
| Median gross rent | $933 | $942 |
| Population | 16,548 | 45,349 |
The weather behind that power bill
Menomonie sits in Dunn County, which averages a high of 82.0°F in its hottest month and a low of 4.5°F in its coldest, with 34.19" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 498 cooling and 8,036 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Dunn County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dunn County
Talk to someone who works this market
These are Menomonie 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 Menomonie every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Menomonie I already own here and may sell
Common questions
How much does it cost to own a home in Menomonie?
A $204,000 home in Menomonie, Wisconsin costs approximately $1,825 per month with 20% down at 7.24%. That is $1,112 principal and interest, $297 property tax, $53 homeowners insurance, $193 utilities and $170 set aside for maintenance.
What is the property tax rate in Menomonie?
Menomonie has an effective property tax rate of 1.749%, based on a median home value of $203,800 and median real estate taxes of $3,564. That is higher than the Dunn County average of 1.470%.
What is the average home price in Menomonie?
The median owner-occupied home value in Menomonie, Wisconsin is $203,800, against $226,200 across Dunn County.
Is it cheaper to rent or buy in Menomonie?
Median gross rent in Menomonie is $933 a month, against $1,825 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 Menomonie?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Menomonie, Wisconsin at today's rate takes a household income of roughly $78,000 a year. That covers the full $1,825 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Menomonie, 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.