Total monthly cost of ownership
Cost to Own a Home in Niagara, Wisconsin
A $90,000 home here costs
$935per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $463. The real number is $472 higher every month — 102% 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.
Niagara against Marinette County and Wisconsin
| Measure | Niagara | Marinette County |
|---|---|---|
| Median home value | $90,200 | $154,600 |
| Median property tax | $1,546 | $1,950 |
| Effective tax rate | 1.714% | 1.261% |
| Median gross rent | $780 | $749 |
| Population | 1,386 | 41,907 |
The weather behind that power bill
Niagara sits in Marinette County, which averages a high of 79.3°F in its hottest month and a low of 4.0°F in its coldest, with 32.08" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 286 cooling and 8,875 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Marinette County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marinette County
Full Marinette County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Niagara?
A $90,000 home in Niagara, Wisconsin costs approximately $935 per month with 20% down at 6.66%. That is $463 principal and interest, $129 property tax, $23 homeowners insurance, $245 utilities and $75 set aside for maintenance.
What is the property tax rate in Niagara?
Niagara has an effective property tax rate of 1.714%, based on a median home value of $90,200 and median real estate taxes of $1,546. That is higher than the Marinette County average of 1.261%.
What is the average home price in Niagara?
The median owner-occupied home value in Niagara, Wisconsin is $90,200, against $154,600 across Marinette County.
Is it cheaper to rent or buy in Niagara?
Median gross rent in Niagara is $780 a month, against $935 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 Niagara — 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.