Total monthly cost of ownership
Cost to Own a Home in Neillsville, Wisconsin
A $111,000 home here costs
$1,082per 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 $46,500 a year.
A standard mortgage calculator would have told you $605. The real number is $477 higher every month, 79% 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 Neillsville from a five-year rolling sample, and with about 2,314 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.
Neillsville against Clark County and Wisconsin
| Measure | Neillsville | Clark County |
|---|---|---|
| Median home value | $111,300 | $163,800 |
| Median property tax | $1,961 | $2,467 |
| Effective tax rate | 1.762% | 1.506% |
| Median gross rent | $680 | $786 |
| Population | 2,314 | 34,736 |
The weather behind that power bill
Neillsville 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 Neillsville 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 Neillsville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Neillsville I already own here and may sell
Common questions
How much does it cost to own a home in Neillsville?
A $111,000 home in Neillsville, Wisconsin costs approximately $1,082 per month with 20% down at 7.24%. That is $605 principal and interest, $163 property tax, $29 homeowners insurance, $193 utilities and $93 set aside for maintenance.
What is the property tax rate in Neillsville?
Neillsville has an effective property tax rate of 1.762%, based on a median home value of $111,300 and median real estate taxes of $1,961. That is higher than the Clark County average of 1.506%.
What is the average home price in Neillsville?
The median owner-occupied home value in Neillsville, Wisconsin is $111,300, against $163,800 across Clark County.
Is it cheaper to rent or buy in Neillsville?
Median gross rent in Neillsville is $680 a month, against $1,082 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 Neillsville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Neillsville, Wisconsin at today's rate takes a household income of roughly $46,500 a year. That covers the full $1,082 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Neillsville, 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.