Total monthly cost of ownership
Cost to Own a Home in Richland Center, Wisconsin
A $138,000 home here costs
$1,299per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $709. The real number is $589 higher every month — 83% 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.
Richland Center against Richland County and Wisconsin
| Measure | Richland Center | Richland County |
|---|---|---|
| Median home value | $137,700 | $182,800 |
| Median property tax | $2,313 | $2,579 |
| Effective tax rate | 1.680% | 1.411% |
| Median gross rent | $681 | $786 |
| Population | 5,030 | 17,229 |
The weather behind that power bill
Richland Center sits in Richland County, which averages a high of 82.0°F in its hottest month and a low of 7.6°F in its coldest, with 39.53" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 522 cooling and 7,498 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Richland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Richland County
No other places of this size are published in Richland County.
Full Richland County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Richland Center?
A $138,000 home in Richland Center, Wisconsin costs approximately $1,299 per month with 20% down at 6.66%. That is $709 principal and interest, $193 property tax, $36 homeowners insurance, $245 utilities and $115 set aside for maintenance.
What is the property tax rate in Richland Center?
Richland Center has an effective property tax rate of 1.680%, based on a median home value of $137,700 and median real estate taxes of $2,313. That is higher than the Richland County average of 1.411%.
What is the average home price in Richland Center?
The median owner-occupied home value in Richland Center, Wisconsin is $137,700, against $182,800 across Richland County.
Is it cheaper to rent or buy in Richland Center?
Median gross rent in Richland Center is $681 a month, against $1,299 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 Richland Center — 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.