Cost to Own
United StatesWisconsinRacine CountyMount Pleasant Population 27,694 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Mount Pleasant, Wisconsin

A $270,000 home here costs

$2,297

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,388. The real number is $909 higher every month — 66% more than the payment most buyers budget for.

Mount Pleasant median: $269,900
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $216,000 borrowed $1,388
Property tax1.641% effective rate for Mount Pleasant itself $369
Homeowners insuranceWisconsin averages $780/yr (NAIC), or 0.309% of home value $70
Electricity19.74¢/kWh — Wisconsin residential average, EIA $177
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $225
Total monthly $2,297

Mount Pleasant against Racine County and Wisconsin

MeasureMount PleasantRacine County
Median home value$269,900$239,400
Median property tax$4,430$4,071
Effective tax rate1.641%1.701%
Median gross rent$1,045$1,017
Population27,694196,888

The weather behind that power bill

Mount Pleasant sits in Racine County, which averages a high of 81.4°F in its hottest month and a low of 16.0°F in its coldest, with 31.77" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 654 cooling and 6,682 heating degree days, which is what sets the $177 electricity line above.

See the full climate breakdown for Racine County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Racine County

Full Racine County cost breakdown · Every county in Wisconsin

Common questions

How much does it cost to own a home in Mount Pleasant?

A $270,000 home in Mount Pleasant, Wisconsin costs approximately $2,297 per month with 20% down at 6.66%. That is $1,388 principal and interest, $369 property tax, $70 homeowners insurance, $245 utilities and $225 set aside for maintenance.

What is the property tax rate in Mount Pleasant?

Mount Pleasant has an effective property tax rate of 1.641%, based on a median home value of $269,900 and median real estate taxes of $4,430. That is lower than the Racine County average of 1.701%.

What is the average home price in Mount Pleasant?

The median owner-occupied home value in Mount Pleasant, Wisconsin is $269,900, against $239,400 across Racine County.

Is it cheaper to rent or buy in Mount Pleasant?

Median gross rent in Mount Pleasant is $1,045 a month, against $2,297 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 Mount Pleasant — 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.

Full methodology