Total monthly cost of ownership
Cost to Own a Home in Shullsburg, Wisconsin
A $131,000 home here costs
$1,242per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $673. The real number is $568 higher every month — 84% 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.
Shullsburg against Lafayette County and Wisconsin
| Measure | Shullsburg | Lafayette County |
|---|---|---|
| Median home value | $130,700 | $182,100 |
| Median property tax | $2,155 | $2,980 |
| Effective tax rate | 1.649% | 1.636% |
| Median gross rent | $909 | $835 |
| Population | 1,310 | 16,788 |
The weather behind that power bill
Shullsburg sits in Lafayette County, which averages a high of 82.2°F in its hottest month and a low of 8.4°F in its coldest, with 37.64" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 570 cooling and 7,384 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Lafayette County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lafayette County
Full Lafayette County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Shullsburg?
A $131,000 home in Shullsburg, Wisconsin costs approximately $1,242 per month with 20% down at 6.66%. That is $673 principal and interest, $180 property tax, $34 homeowners insurance, $245 utilities and $109 set aside for maintenance.
What is the property tax rate in Shullsburg?
Shullsburg has an effective property tax rate of 1.649%, based on a median home value of $130,700 and median real estate taxes of $2,155. That is higher than the Lafayette County average of 1.636%.
What is the average home price in Shullsburg?
The median owner-occupied home value in Shullsburg, Wisconsin is $130,700, against $182,100 across Lafayette County.
Is it cheaper to rent or buy in Shullsburg?
Median gross rent in Shullsburg is $909 a month, against $1,242 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 Shullsburg — 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.