Total monthly cost of ownership
Cost to Own a Home in Sheboygan, Wisconsin
A $165,000 home here costs
$1,501per 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 $64,500 a year.
A standard mortgage calculator would have told you $900. The real number is $602 higher every month, 67% more than the payment most buyers budget for.
Compare Sheboygan County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sheboygan against Sheboygan County and Wisconsin
| Measure | Sheboygan | Sheboygan County |
|---|---|---|
| Median home value | $165,200 | $218,400 |
| Median property tax | $2,744 | $3,234 |
| Effective tax rate | 1.661% | 1.481% |
| Median gross rent | $874 | $889 |
| Population | 49,812 | 117,783 |
The weather behind that power bill
Sheboygan sits in Sheboygan County, which averages a high of 81.9°F in its hottest month and a low of 14.7°F in its coldest, with 34.68" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 603 cooling and 6,919 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Sheboygan County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sheboygan County
Full Sheboygan County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Sheboygan 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 Sheboygan every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Sheboygan I already own here and may sell
Common questions
How much does it cost to own a home in Sheboygan?
A $165,000 home in Sheboygan, Wisconsin costs approximately $1,501 per month with 20% down at 7.24%. That is $900 principal and interest, $228 property tax, $42 homeowners insurance, $193 utilities and $138 set aside for maintenance.
What is the property tax rate in Sheboygan?
Sheboygan has an effective property tax rate of 1.661%, based on a median home value of $165,200 and median real estate taxes of $2,744. That is higher than the Sheboygan County average of 1.481%.
What is the average home price in Sheboygan?
The median owner-occupied home value in Sheboygan, Wisconsin is $165,200, against $218,400 across Sheboygan County.
Is it cheaper to rent or buy in Sheboygan?
Median gross rent in Sheboygan is $874 a month, against $1,501 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 Sheboygan?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sheboygan, Wisconsin at today's rate takes a household income of roughly $64,500 a year. That covers the full $1,501 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sheboygan, 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.