Total monthly cost of ownership
Cost to Own a Home in Twin Lakes, Wisconsin
A $257,000 home here costs
$2,213per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,321. The real number is $892 higher every month — 68% 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.
Twin Lakes against Kenosha County and Wisconsin
| Measure | Twin Lakes | Kenosha County |
|---|---|---|
| Median home value | $257,000 | $247,800 |
| Median property tax | $4,397 | $4,180 |
| Effective tax rate | 1.711% | 1.687% |
| Median gross rent | $1,034 | $1,175 |
| Population | 6,351 | 168,413 |
The weather behind that power bill
Twin Lakes 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 $177 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
Common questions
How much does it cost to own a home in Twin Lakes?
A $257,000 home in Twin Lakes, Wisconsin costs approximately $2,213 per month with 20% down at 6.66%. That is $1,321 principal and interest, $366 property tax, $66 homeowners insurance, $245 utilities and $214 set aside for maintenance.
What is the property tax rate in Twin Lakes?
Twin Lakes has an effective property tax rate of 1.711%, based on a median home value of $257,000 and median real estate taxes of $4,397. That is higher than the Kenosha County average of 1.687%.
What is the average home price in Twin Lakes?
The median owner-occupied home value in Twin Lakes, Wisconsin is $257,000, against $247,800 across Kenosha County.
Is it cheaper to rent or buy in Twin Lakes?
Median gross rent in Twin Lakes is $1,034 a month, against $2,213 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 Twin Lakes — 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.