Total monthly cost of ownership
Cost to Own a Home in Rochester, Wisconsin
A $341,000 home here costs
$2,741per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,753. The real number is $988 higher every month — 56% 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.
Rochester against Racine County and Wisconsin
| Measure | Rochester | Racine County |
|---|---|---|
| Median home value | $340,900 | $239,400 |
| Median property tax | $4,448 | $4,071 |
| Effective tax rate | 1.305% | 1.701% |
| Median gross rent | $920 | $1,017 |
| Population | 3,780 | 196,888 |
The weather behind that power bill
Rochester 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 Rochester?
A $341,000 home in Rochester, Wisconsin costs approximately $2,741 per month with 20% down at 6.66%. That is $1,753 principal and interest, $371 property tax, $88 homeowners insurance, $245 utilities and $284 set aside for maintenance.
What is the property tax rate in Rochester?
Rochester has an effective property tax rate of 1.305%, based on a median home value of $340,900 and median real estate taxes of $4,448. That is lower than the Racine County average of 1.701%.
What is the average home price in Rochester?
The median owner-occupied home value in Rochester, Wisconsin is $340,900, against $239,400 across Racine County.
Is it cheaper to rent or buy in Rochester?
Median gross rent in Rochester is $920 a month, against $2,741 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 Rochester — 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.