Total monthly cost of ownership
Cost to Own a Home in Wind Lake, Wisconsin
A $358,000 home here costs
$2,827per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,840. The real number is $987 higher every month — 54% 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.
Wind Lake against Racine County and Wisconsin
| Measure | Wind Lake | Racine County |
|---|---|---|
| Median home value | $357,500 | $239,400 |
| Median property tax | $4,202 | $4,071 |
| Effective tax rate | 1.175% | 1.701% |
| Median gross rent | $1,158 | $1,017 |
| Population | 5,028 | 196,888 |
The weather behind that power bill
Wind Lake sits in Racine County, which averages a high of 81.4°F in its hottest month and a low of 16.0°F in its coldest, with 31.77" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 654 cooling and 6,682 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Racine County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Racine County
Full Racine County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Wind Lake?
A $358,000 home in Wind Lake, Wisconsin costs approximately $2,827 per month with 20% down at 6.66%. That is $1,840 principal and interest, $351 property tax, $92 homeowners insurance, $245 utilities and $298 set aside for maintenance.
What is the property tax rate in Wind Lake?
Wind Lake has an effective property tax rate of 1.175%, based on a median home value of $357,500 and median real estate taxes of $4,202. That is lower than the Racine County average of 1.701%.
What is the average home price in Wind Lake?
The median owner-occupied home value in Wind Lake, Wisconsin is $357,500, against $239,400 across Racine County.
Is it cheaper to rent or buy in Wind Lake?
Median gross rent in Wind Lake is $1,158 a month, against $2,827 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 Wind Lake — 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.