Total monthly cost of ownership
Cost to Own a Home in Shawano, Wisconsin
A $127,000 home here costs
$1,244per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $653. The real number is $591 higher every month — 91% 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.
Shawano against Shawano County and Wisconsin
| Measure | Shawano | Shawano County |
|---|---|---|
| Median home value | $127,200 | $179,100 |
| Median property tax | $2,493 | $2,588 |
| Effective tax rate | 1.960% | 1.445% |
| Median gross rent | $773 | $777 |
| Population | 9,236 | 40,927 |
The weather behind that power bill
Shawano sits in Shawano County, which averages a high of 81.2°F in its hottest month and a low of 6.2°F in its coldest, with 33.14" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 458 cooling and 8,103 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Shawano County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Shawano County
Full Shawano County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Shawano?
A $127,000 home in Shawano, Wisconsin costs approximately $1,244 per month with 20% down at 6.66%. That is $653 principal and interest, $207 property tax, $33 homeowners insurance, $245 utilities and $106 set aside for maintenance.
What is the property tax rate in Shawano?
Shawano has an effective property tax rate of 1.960%, based on a median home value of $127,200 and median real estate taxes of $2,493. That is higher than the Shawano County average of 1.445%.
What is the average home price in Shawano?
The median owner-occupied home value in Shawano, Wisconsin is $127,200, against $179,100 across Shawano County.
Is it cheaper to rent or buy in Shawano?
Median gross rent in Shawano is $773 a month, against $1,244 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 Shawano — 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.