Total monthly cost of ownership
Cost to Own a Home in Somers, Wisconsin
A $288,000 home here costs
$2,489per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $106,500 a year.
A standard mortgage calculator would have told you $1,595. The real number is $893 higher every month, 56% more than the payment most buyers budget for.
Compare Kenosha 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.
Somers against Kenosha County and Wisconsin
| Measure | Somers | Kenosha County |
|---|---|---|
| Median home value | $287,800 | $247,800 |
| Median property tax | $4,657 | $4,180 |
| Effective tax rate | 1.618% | 1.687% |
| Median gross rent | $1,400 | $1,175 |
| Population | 8,245 | 168,413 |
The weather behind that power bill
Somers sits in Kenosha County, which averages a high of 83.8°F in its hottest month and a low of 16.4°F in its coldest, with 31.88" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 721 cooling and 6,447 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Kenosha County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kenosha County
Full Kenosha County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Somers 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 Somers every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Somers I already own here and may sell
Common questions
How much does it cost to own a home in Somers?
A $288,000 home in Somers, Wisconsin costs approximately $2,489 per month with 20% down at 7.4%. That is $1,595 principal and interest, $388 property tax, $74 homeowners insurance, $191 utilities and $240 set aside for maintenance.
What is the property tax rate in Somers?
Somers has an effective property tax rate of 1.618%, based on a median home value of $287,800 and median real estate taxes of $4,657. That is lower than the Kenosha County average of 1.687%.
What is the average home price in Somers?
The median owner-occupied home value in Somers, Wisconsin is $287,800, against $247,800 across Kenosha County.
Is it cheaper to rent or buy in Somers?
Median gross rent in Somers is $1,400 a month, against $2,489 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 Somers?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Somers, Wisconsin at today's rate takes a household income of roughly $106,500 a year. That covers the full $2,489 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Somers, 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.