Total monthly cost of ownership
Cost to Own a Home in Superior, Wisconsin
A $169,000 home here costs
$1,515per 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 $65,000 a year.
A standard mortgage calculator would have told you $921. The real number is $594 higher every month, 64% more than the payment most buyers budget for.
Compare Douglas 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.
Superior against Douglas County and Wisconsin
| Measure | Superior | Douglas County |
|---|---|---|
| Median home value | $168,500 | $190,400 |
| Median property tax | $2,590 | $2,564 |
| Effective tax rate | 1.537% | 1.347% |
| Median gross rent | $881 | $903 |
| Population | 26,550 | 44,197 |
The weather behind that power bill
Superior sits in Douglas County, which averages a high of 78.9°F in its hottest month and a low of 5.8°F in its coldest, with 27.85" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 259 cooling and 8,796 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Douglas County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
No other places of this size are published in Douglas County.
Full Douglas County cost breakdown · Every county in Wisconsin
Talk to someone who works this market
These are Superior 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 Superior every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Superior I already own here and may sell
Common questions
How much does it cost to own a home in Superior?
A $169,000 home in Superior, Wisconsin costs approximately $1,515 per month with 20% down at 7.24%. That is $921 principal and interest, $216 property tax, $44 homeowners insurance, $193 utilities and $141 set aside for maintenance.
What is the property tax rate in Superior?
Superior has an effective property tax rate of 1.537%, based on a median home value of $168,500 and median real estate taxes of $2,590. That is higher than the Douglas County average of 1.347%.
What is the average home price in Superior?
The median owner-occupied home value in Superior, Wisconsin is $168,500, against $190,400 across Douglas County.
Is it cheaper to rent or buy in Superior?
Median gross rent in Superior is $881 a month, against $1,515 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 Superior?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Superior, Wisconsin at today's rate takes a household income of roughly $65,000 a year. That covers the full $1,515 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Superior, 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.