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Home Mortgage Rates in Wisconsin

Wisconsin, located in North Central United States, is one of the American states that boast steady home value prices. With over 5.5 million residents, the state has a wealth of amazing houses to choose from. Wisconsin has a strong and well balanced economy, not to mention, the countless amenities and tourist attractions that make it a great place to live. The real estate market is always busy here and houses sale at a decent pace as long as they are not priced over $500,000.

Real Estate Prices in Wisconsin

With the average household size of 2.5 people, Wisconsin earns a median household income of $52,094. The estimated value of median house or condo value in the state amounts to $173,300. The detached houses median for the state is $216,149 whereas for other attached units it is $202,819. For two unit structures the median price is $169,068 and for three to four unit structures the median price is about $186,164.

Places to Live

Metropolitan Areas

WI Rank US Rank Metropolitan Area 2016 Pop 2010 Pop Change % △
1 3 Chicago-Naperville-Elgin, IL-IN-WI Metro Area 9,512,999 9,461,105 51,894 0.55%
2 16 Minneapolis-St. Paul-Bloomington, MN-WI Metro Area 3,551,036 3,348,859 202,177 6.04%
3 39 Milwaukee-Waukesha-West Allis 1,572,482 1,555,908 16,574 1.07%
4 86 Madison 648,929 605,435 43,494 7.18%
5 157 Green Bay 318,236 306,241 11,995 3.92%
6 171 Duluth, MN-WI Metro Area 279,227 279,771 -544 -0.19%
7 193 Appleton 234,079 225,666 8,413 3.73%
8 225 Racine 195,140 195,408 -268 -0.14%
9 248 Oshkosh-Neenah 169,886 166,994 2,892 1.73%
10 253 Eau Claire 166,614 161,151 5,463 3.39%
11 258 Janesville-Beloit 161,620 160,331 1,289 0.80%
12 302 La Crosse-Onalaska, WI-MN Metro Area 136,936 133,665 3,271 2.45%
13 305 Wausau 135,603 134,063 1,540 1.15%
14 348 Sheboygan 115,427 115,507 -80 -0.07%
15 373 Whitewater-Elkhorn 102,959 102,228 731 0.72%
16 379 Fond du Lac 102,144 101,633 511 0.50%
17 413 Beaver Dam 88,068 88,759 -691 -0.78%
18 429 Watertown-Fort Atkinson 84,625 83,686 939 1.12%
19 446 Manitowoc 79,536 81,442 -1,906 -2.34%
20 468 Wisconsin Rapids-Marshfield 73,107 74,749 -1,642 -2.20%
21 478 Stevens Point 70,447 70,019 428 0.61%
22 508 Baraboo 63,949 61,976 1,973 3.18%
23 509 Marinette, WI-MI Micro Area 63,772 65,778 -2,006 -3.05%
24 576 Platteville 52,214 51,208 1,006 1.96%
25 633 Shawano 45,595 46,181 -586 -1.27%
26 647 Menomonie 44,704 43,857 847 1.93%
27 818 Iron Mountain, MI-WI Micro Area 29,991 30,591 -600 -1.96%
28 836 Merrill 27,902 28,743 -841 -2.93%

Popular Wisconsin Cities

Green Bay Skyline at Night.

Wisconsin has over 300 cities and towns in total. The most popular cities include Green Bay, Oregon, Sheboygan, Dakota, Found du Lac, Janesville, Wyoming, Richmond, Madison, River Falls, Marshfields, and Cedar Rapids. The city of Franklin is considered one of the greatest places in Wisconsin as a popular suburb ofMilwaukee. The main reason for the popularity of Milwaukee is the availability of all the uptown amenities, yet maintaining the suburban, small town look and feel. The city of Franklin has many companies which offer appreciable pay and other employee benefits operating in the Milwaukee area. Franklin, despite being a fast-growing, bustling city, is a great place for families with best schooling systems and affordable house rates. The city is also very safe and has extremely low crime rates and boasts to have the most efficient police force.

Downtown Milwaukee.

Hales Corners, Wisconsin is yet another city, perfectly suitable for families to move into. With ample job opportunities in the surrounding area, Hales Corner is just as good as Franklin though by size it is quite smaller. The small town is known for the high affordability of houses and friendly neighborhood. The city of Neenah is considered the fastest growing city in Wisconsin; the average household income amounts to $81,880. About one-third of the population in Neenah is employed in the Industrial manufacturing sector. Paper and plastic industry, printing, food production, machinery, transportation and security are the major industries contributing to the rapid development of the city. Madison is yet another popular city of Wisconsin. It is the capital of Wisconsin and the county seat of Dane County. The esteemed University of Wisconsin is located in this particular city. Madison, besides having a stable economy and all the conveniences of a city, is also a very safe place for your family, with really low crime rates and has been acknowledged as the safest city a couple of times. These are just few of the great places of Wisconsin. There are many other cities of Wisconsin that are equally good and reliable for a family to live in.

Madison Skyline.

Wisconsin Census Data

According to the United States Census an estimated 5,778,708 people live in the state of Wisconsin. The state has 54,157.8 mi² of land area, which gave it a population density of 106.7 per mi². Here is a list of cities, towns, villages & Census Designated Places across the state with a population above 2,500, along with their estimated population as of June 2016 & the 2010 United States Census. For areas with fewer than 5,000 residents & Census Designated Places (CDP) where there was no population estimate available for 2016, the 2011-2015 American Community Survey 5-Year Estimates data was used.

All table columns are sortable. Click on the column headers to sort by that column. Click again to sort low to high. Cities with higher levels of population growth typically see the increased demand drive faster real estate price appreciation.

Rank Geography County 2016 Pop 2010 Pop Change % △ Land mi² Pop Den mi²
1 Milwaukee Milwaukee, Washington & Waukesha 595,047 594,833 214 0.04% 96.12 6,190.67
2 Madison city Dane 252,551 233,209 19,342 8.29% 76.79 3,288.85
3 Green Bay Brown 105,139 104,057 1,082 1.04% 45.47 2,312.27
4 Kenosha Kenosha 99,631 99,218 413 0.42% 26.93 3,699.63
5 Racine Racine 77,571 78,860 -1,289 -1.63% 15.48 5,011.05
6 Appleton Outagamie, Calumet & Winnebago 74,370 72,623 1,747 2.41% 24.33 3,056.72
7 Waukesha city Waukesha 72,363 70,718 1,645 2.33% 24.81 2,916.69
8 Eau Claire Eau Claire & Chippewa 68,339 65,883 2,456 3.73% 32.04 2,132.93
9 Oshkosh Winnebago 66,579 66,083 496 0.75% 25.59 2,601.76
10 Janesville city Rock 64,159 63,575 584 0.92% 33.86 1,894.83
11 West Allis Milwaukee 60,087 60,411 -324 -0.54% 11.38 5,280.05
12 La Crosse La Crosse 52,109 51,320 789 1.54% 20.52 2,539.42
13 Sheboygan city Sheboygan 48,686 49,288 -602 -1.22% 13.97 3,485.04
14 Wauwatosa Milwaukee 47,945 46,396 1,549 3.34% 13.25 3,618.49
15 Fond du Lac city Fond du Lac 42,951 43,021 -70 -0.16% 18.82 2,282.20
16 New Berlin Waukesha 39,803 39,584 219 0.55% 36.44 1,092.29
17 Wausau Marathon 38,872 39,106 -234 -0.60% 18.78 2,069.86
18 Brookfield city Waukesha 38,016 37,920 96 0.25% 27.09 1,403.32
19 Greenfield Milwaukee 36,858 36,720 138 0.38% 11.51 3,202.26
20 Menomonee Falls village Waukesha 36,769 35,626 1,143 3.21% 32.92 1,116.92
21 Beloit city Rock 36,757 36,966 -209 -0.57% 17.37 2,116.12
22 Franklin Milwaukee 36,131 35,451 680 1.92% 34.58 1,044.85
23 Oak Creek Milwaukee 35,881 34,451 1,430 4.15% 28.45 1,261.20
24 Manitowoc Manitowoc 32,936 33,736 -800 -2.37% 17.63 1,868.18
25 Sun Prairie Dane 32,820 29,364 3,456 11.77% 12.23 2,683.57
26 West Bend City Washington 31,702 31,078 624 2.01% 14.57 2,175.84
27 Fitchburg Dane 28,875 25,260 3,615 14.31% 34.97 825.71
28 Superior Douglas 26,475 27,244 -769 -2.82% 36.96 716.31
29 Stevens Point Portage 26,423 26,717 -294 -1.10% 15.96 1,655.58
30 Mount Pleasant village Racine 26,360 26,197 163 0.62% 33.73 781.50
31 Neenah city Winnebago 25,914 25,501 413 1.62% 9.23 2,807.58
32 Caledonia village Racine 24,910 24,705 205 0.83% 45.43 548.32
33 De Pere Brown 24,893 23,800 1,093 4.59% 11.58 2,149.65
34 Muskego Waukesha 24,882 24,135 747 3.10% 31.59 787.65
35 Mequon Ozaukee 24,086 23,132 954 4.12% 46.28 520.44
36 Watertown Jefferson & Dodge 23,817 23,861 -44 -0.18% 12.11 1,966.72
37 Grand Chute Outagamie 22,409 20,919 1,490 7.12% 23.47 954.79
38 South Milwaukee Milwaukee 21,052 21,156 -104 -0.49% 4.8 4,385.83
39 Pleasant Prairie village Kenosha 20,734 19,719 1,015 5.15% 33.33 622.08
40 Germantown village Washington 20,027 19,749 278 1.41% 34.42 581.84
41 Howard village Brown & Outagamie 19,410 17,399 2,011 11.56% 18.1 1,072.38
42 Middleton city Dane 19,109 17,442 1,667 9.56% 8.98 2,127.95
43 Menasha town Winnebago 18,790 18,498 292 1.58% 12.17 1,543.96
44 Onalaska city La Crosse 18,697 17,736 961 5.42% 10.13 1,845.71
45 Marshfield Wood & Marathon 18,467 19,118 -651 -3.41% 13.46 1,371.99
46 Cudahy Milwaukee 18,200 18,267 -67 -0.37% 4.76 3,823.53
47 Wisconsin Rapids Wood 17,887 18,367 -480 -2.61% 13.82 1,294.28
48 Menasha city Winnebago & Calumet 17,856 17,353 503 2.90% 6.03 2,961.19
49 Ashwaubenon village Brown 17,274 16,963 311 1.83% 12.39 1,394.19
50 Oconomowoc city Waukesha 16,526 15,759 767 4.87% 11.54 1,432.06
51 Beaver Dam city Dodge 16,476 16,214 262 1.62% 6.79 2,426.51
52 Menomonie city Dunn 16,464 16,264 200 1.23% 13.69 1,202.63
53 Kaukauna Outagamie 15,900 15,462 438 2.83% 7.66 2,075.72
54 Bellevue village Brown 15,524 14,570 954 6.55% 14.34 1,082.57
55 River Falls Pierce & St. Croix 15,339 15,000 339 2.26% 6.52 2,352.61
56 Weston village Marathon 15,092 14,868 224 1.51% 21.55 700.32
57 Hartford city Washington & Dodge 14,605 14,223 382 2.69% 7.94 1,839.42
58 Whitewater Walworth & Jefferson 14,517 14,390 127 0.88% 8.76 1,657.19
59 Pewaukee city Waukesha 14,371 13,195 1,176 8.91% 19.5 736.97
60 Greendale village Milwaukee 14,211 14,046 165 1.17% 5.56 2,555.94
61 Chippewa Falls Chippewa 14,084 13,661 423 3.10% 11.37 1,238.70
62 Whitefish Bay village Milwaukee 13,972 14,110 -138 -0.98% 2.12 6,590.57
63 Allouez Brown 13,896 13,975 -79 -0.57% 4.61 3,014.32
64 Hudson city St. Croix 13,631 12,719 912 7.17% 6.53 2,087.44
65 Waunakee village Dane 13,607 12,097 1,510 12.48% 6.38 2,132.76
66 Shorewood village Milwaukee 13,368 13,162 206 1.57% 1.59 8,407.55
67 Stoughton Dane 13,134 12,611 523 4.15% 4.92 2,669.51
68 Verona Dane 12,969 10,619 2,350 22.13% 6.3 2,058.57
69 Glendale Milwaukee 12,779 12,872 -93 -0.72% 5.76 2,218.58
70 Suamico village Brown 12,588 11,346 1,242 10.95% 36.36 346.20
71 Plover village Portage 12,552 12,123 429 3.54% 10.35 1,212.75
72 Fort Atkinson Jefferson 12,541 12,368 173 1.40% 5.67 2,211.82
73 Platteville Grant 12,537 11,224 1,313 11.70% 5.45 2,300.37
74 Salem Kenosha 12,217 12,067 150 1.24% 29.18 418.68
75 Baraboo Sauk 12,173 12,048 125 1.04% 7.39 1,647.23
76 Brown Deer village Milwaukee 12,011 11,999 12 0.10% 4.4 2,729.77
77 Greenville Outagamie 11,874 10,309 1,565 15.18% 35.72 332.42
78 Port Washington Ozaukee 11,642 11,250 392 3.48% 5.82 2,000.34
79 Richfield village Washington 11,622 11,300 322 2.85% 35.91 323.64
80 Grafton village Ozaukee 11,568 11,459 109 0.95% 5.06 2,286.17
81 Cedarburg city Ozaukee 11,518 11,412 106 0.93% 4.83 2,384.68
82 Waupun Dodge & Fon du Lac 11,333 11,340 -7 -0.06% 4.39 2,581.55
83 Two Rivers Manitowoc 11,261 11,712 -451 -3.85% 6.09 1,849.10
84 Little Chute village Outagamie 11,250 10,449 801 7.67% 5.16 2,180.23
85 Sussex village Waukesha 10,765 10,518 247 2.35% 7.57 1,422.06
86 Monroe Green 10,723 10,827 -104 -0.96% 4.83 2,220.08
87 Marinette Marinette 10,695 10,968 -273 -2.49% 6.83 1,565.89
88 Burlington City Racine & Walworth 10,668 10,464 204 1.95% 7.5 1,422.40
89 Lisbon Waukesha 10,444 10,157 287 2.83% 27.42 380.89
90 Portage Columbia 10,365 10,324 41 0.40% 8.82 1,175.17
91 Oregon village Dane 10,264 9,231 1,033 11.19% 4.42 2,322.17
92 Elkhorn Walworth 9,853 10,084 -231 -2.29% 7.76 1,269.72
93 Sparta city Monroe 9,695 9,522 173 1.82% 6.54 1,482.42
94 DeForest village Dane 9,690 8,936 754 8.44% 7.42 1,305.93
95 Holmen village La Crosse 9,628 9,005 623 6.92% 5.2 1,851.54
96 Harrison Calumet 9,561 10,839 -1,278 -11.79% 31.93 299.44
97 Reedsburg Sauk 9,537 9,200 337 3.66% 5.83 1,635.85
98 St. Francis Milwaukee 9,466 9,365 101 1.08% 2.55 3,712.16
99 Tomah Monroe 9,405 9,093 312 3.43% 7.46 1,260.72
100 Merrill city Lincoln 9,225 9,661 -436 -4.51% 7.24 1,274.17
101 Hartland village Waukesha 9,212 9,110 102 1.12% 5.12 1,799.22
102 Shawano Shawano 9,054 9,305 -251 -2.70% 6.57 1,378.08
103 Sturgeon Bay Door 8,910 9,144 -234 -2.56% 9.82 907.33
104 New Richmond St. Croix 8,897 8,375 522 6.23% 9.18 969.17
105 Hudson town St. Croix 8,832 8,461 371 4.38% 24.63 358.59
106 Waukesha town Waukesha 8,814 9,133 -319 -3.49% 21.24 414.97
107 Oconomowoc town Waukesha 8,642 8,408 234 2.78% 28.02 308.42
108 Hobart village Brown 8,599 6,182 2,417 39.10% 32.95 260.97
109 Plymouth city Sheboygan 8,529 8,445 84 0.99% 5.26 1,621.48
110 Merton town Waukesha 8,492 8,338 154 1.85% 24.8 342.42
111 Delafield town Waukesha 8,458 8,400 58 0.69% 18.34 461.18
112 Rice Lake city Barron 8,404 8,438 -34 -0.40% 8.6 977.21
113 Delavan city Walworth 8,385 8,463 -78 -0.92% 6.76 1,240.38
114 McFarland village Dane 8,320 7,808 512 6.56% 3.55 2,343.66
115 Somers Kenosha 8,300 9,597 -1,297 -13.51% 28.29 293.39
116 Monona Dane 8,179 7,533 646 8.58% 3.26 2,508.90
117 Pewaukee village  Waukesha 8,176 8,166 10 0.12% 4.13 1,979.66
118 Mukwonago town Waukesha 8,116 7,959 157 1.97% 29.5 275.12
119 Norway Racine 8,091 7,948 143 1.80% 33.7 240.09
120 Jefferson Jefferson 8,024 7,973 51 0.64% 5.72 1,402.80
121 Ashland city Ashland & Bayfield 7,957 8,216 -259 -3.15% 13.42 592.92
122 Antigo Langlade 7,864 8,234 -370 -4.49% 6.54 1,202.45
123 Sheboygan Falls Sheboygan 7,824 7,775 49 0.63% 5.28 1,481.82
124 Lake Geneva Walworth 7,821 7,651 170 2.22% 6.54 1,195.87
125 Mukwonago village Waukesha & Walworth 7,820 7,355 465 6.32% 7.89 991.13
126 Ledgeview Brown 7,813 6,555 1,258 19.19% 17.38 449.54
127 Ripon Fond du Lac 7,764 7,733 31 0.40% 4.97 1,562.17
128 Hales Corners village Milwaukee 7,674 7,692 -18 -0.23% 3.21 2,390.65
129 Vernon Waukesha 7,649 7,601 48 0.63% 30.15 253.70
130 Beloit Rock 7,646 7,662 -16 -0.21% 26.2 291.83
131 Kronenwetter village Marathon 7,619 7,210 409 5.67% 51.7 147.37
132 Rhinelander Oneida 7,589 7,798 -209 -2.68% 8.34 909.95
133 Delafield city Waukesha 7,494 7,085 409 5.77% 9.41 796.39
134 Altoona Eau Claire 7,489 6,706 783 11.68% 4.65 1,610.54
135 Mount Horeb village Dane 7,462 7,009 453 6.46% 3.25 2,296.00
136 Washington Eau Claire 7,444 7,182 262 3.65% 54.86 135.69
137 Grand Rapids Wood 7,427 7,646 -219 -2.86% 20.18 368.04
138 Genesee Waukesha 7,336 7,340 -4 -0.05% 30.37 241.55
139 Sheboygan town Sheboygan 7,323 7,271 52 0.72% 10.79 678.68
140 New London Waupaca & Outagamie 7,170 7,295 -125 -1.71% 5.55 1,291.89
141 Algoma Winnebago 7,132 6,822 310 4.54% 8.76 814.16
142 Buchanan Outagamie 7,027 6,755 272 4.03% 15.34 458.08
143 Cottage Grove village Dane 6,996 6,192 804 12.98% 3.48 2,010.34
144 Sturtevant village Racine 6,937 6,970 -33 -0.47% 4.19 1,655.61
145 Jackson village Washington 6,933 6,753 180 2.67% 3.05 2,273.11
146 Rib Mountain Marathon 6,931 6,825 106 1.55% 24.57 282.09
147 Madison town Dane 6,881 6,279 602 9.59% 1.48 4,649.32
148 Windsor Dane 6,785 6,345 440 6.93% 28.66 236.74
149 Kimberly village Outagamie 6,739 6,468 271 4.19% 2.26 2,981.86
150 Fox Point village Milwaukee 6,691 6,701 -10 -0.15% 2.9 2,307.24
151 Lake Hallie village Chippewa 6,650 6,448 202 3.13% 14.09 471.97
152 Burlington Racine 6,519 6,502 17 0.26% 32.9 198.15
153 Waterford town Racine 6,449 6,344 105 1.66% 31.32 205.91
154 Middleton town Dane 6,257 5,877 380 6.47% 15.79 396.26
155 Elm Grove village Waukesha 6,174 5,934 240 4.04% 3.27 1,888.07
156 Brookfield town Waukesha 6,110 6,116 -6 -0.10% 5.14 1,188.72
157 Freedom Outagamie 6,092 5,842 250 4.28% 34.36 177.30
158 Twin Lakes village Kenosha 6,081 5,989 92 1.54% 8.18 743.40
159 Waupaca Waupaca 5,946 6,069 -123 -2.03% 7.82 760.36
160 Cedarburg town Ozaukee 5,945 5,760 185 3.21% 24.74 240.30
161 Lafayette Chippewa 5,916 5,765 151 2.62% 34.52 171.38
162 Lake Mills Jefferson 5,836 5,708 128 2.24% 4.06 1,437.44
163 Onalaska town La Crosse 5,786 5,623 163 2.90% 35.6 162.53
164 Prairie du Chien Crawford 5,718 5,911 -193 -3.27% 5.63 1,015.63
Rib Mountain CDP Marathon 5,714 5,651 63 1.11% 12.01 475.77
165 Milton city Rock 5,580 5,546 34 0.61% 3.53 1,580.74
166 Edgerton Rock & Dane 5,552 5,461 91 1.67% 4.14 1,341.06
Tichigan CDP Racine 5,524 5,133 391 7.62% 11.23 491.90
167 Hull Portage 5,428 5,346 82 1.53% 27.35 198.46
168 Berlin Green Lake & Waushara 5,395 5,524 -129 -2.34% 5.78 933.39
Wind Lake CDP Racine 5,384 5,342 42 0.79% 5.41 995.19
169 Waterford village Racine 5,378 5,368 10 0.19% 2.58 2,084.50
170 Rothschild village Marathon 5,347 5,269 78 1.48% 6.53 818.84
171 Delavan town Walworth 5,326 5,285 41 0.78% 24.99 213.13
172 Slinger village Washington 5,287 5,068 219 4.32% 5.29 999.43
173 Evansville Rock 5,265 5,012 253 5.05% 3.25 1,620.00
174 Dunn Dane 5,238 4,931 307 6.23% 27.99 187.14
175 Troy St. Croix 5,211 4,705 506 10.75% 37.1 140.46
176 Saratoga Wood 5,084 5,142 -58 -1.13% 49.4 102.91
177 Geneva Walworth 5,041 4,993 48 0.96% 28.63 176.07
178 North Fond du Lac village Fond du Lac 5,034 5,014 20 0.40% 2.12 2,374.53
179 Columbus Columbia & Dodge 5,030 4,991 39 0.78% 4.21 1,194.77
180 Richland Center Richland 5,017 5,184 -167 -3.22% 4.28 1,172.20
181 Bristol village Kenosha 5,008 2,584 2,424 93.81% 8.91 562.07
182 West Salem village La Crosse 4,967 4,799 168 3.50% 3.42 1,452.34
183 Mayville Dodge 4,941 5,154 -213 -4.13% 3.17 1,558.68
184 Union Grove village Racine 4,920 4,915 5 0.10% 2.47 1,991.90
185 Summit Waukesha 4,838 4,674 164 3.51% 21.2 228.21
186 Shelby La Crosse 4,818 4,715 103 2.18% 24.94 193.18
187 Little Suamico Oconto 4,793 4,799 -6 -0.13% 37.29 128.53
188 Dodgeville Iowa 4,751 4,693 58 1.24% 3.89 1,221.34
189 West Bend town Washington 4,750 4,774 -24 -0.50% 14.89 319.01
190 Bloomfield Walworth 4,707 6,278 -1,571 -25.02% 32.49 144.88
191 Trenton Washington 4,701 4,732 -31 -0.66% 32.76 143.50
192 Lawrence Brown 4,670 4,284 386 9.01% 15.39 303.44
193 Oneida Outagamie 4,663 4,678 -15 -0.32% 60.85 76.63
Okauchee Lake CDP Waukesha 4,516 4,422 94 2.13% 3.41 1,324.34
194 Saukville village Ozaukee 4,470 4,451 19 0.43% 3.8 1,176.32
195 Oconto Oconto 4,463 4,513 -50 -1.11% 6.85 651.53
196 Ixonia Jefferson 4,457 4,385 72 1.64% 35.78 124.57
197 Menominee town Menominee 4,451 4,232 219 5.17% 357.61 12.45
Lake Wisconsin CDP Columbia & Sauk 4,443 4,189 254 6.06% 12.13 366.28
198 Minocqua Oneida 4,438 4,385 53 1.21% 149.15 29.76
199 Clintonville Waupaca 4,405 4,559 -154 -3.38% 4.4 1,001.14
200 Bayside village Milwaukee & Ozaukee 4,398 4,389 9 0.21% 2.39 1,840.17
201 Campbell La Crosse 4,397 4,314 83 1.92% 3.75 1,172.53
French Island CDP La Crosse 4,397 4,207 190 4.52% 1.91 2,302.09
202 Viroqua Vernon 4,395 4,362 33 0.76% 3.8 1,156.58
203 Mauston Juneau 4,375 4,423 -48 -1.09% 4.4 994.32
204 Medford city Taylor 4,337 4,326 11 0.25% 4.51 961.64
205 Prairie du Sac village Sauk 4,313 3,972 341 8.59% 1.55 2,782.58
206 Taycheedah Fond du Lac 4,311 4,205 106 2.52% 29.98 143.80
207 Jackson town Washington 4,301 4,134 167 4.04% 33.74 127.47
208 East Troy village Walworth 4,282 4,281 1 0.02% 4.47 957.94
209 Prescott Pierce 4,229 4,258 -29 -0.68% 2.59 1,632.82
210 West Milwaukee village Milwaukee 4,174 4,206 -32 -0.76% 1.12 3,726.79
211 Cross Plains village Dane 4,148 3,538 610 17.24% 1.76 2,356.82
212 Somerset town St. Croix 4,113 4,036 77 1.91% 47.11 87.31
213 Westport Dane 4,107 3,950 157 3.97% 20.72 198.21
214 Kewaskum Washington & Fond du Lac 4,103 4,004 99 2.47% 2.45 1,674.69
215 Grafton town Ozaukee 4,084 4,053 31 0.76% 17.57 232.44
216 East Troy town Walworth 4,061 4,021 40 0.99% 27.66 146.82
217 Dover Racine 4,055 4,051 4 0.10% 35.25 115.04
218 Clayton Winnebago 4,045 3,951 94 2.38% 36.28 111.49
219 Farmington Washington 4,025 4,014 11 0.27% 36.49 110.30
220 Peshtigo town Marinette 4,025 4,057 -32 -0.79% 58.87 68.37
221 Mosinee Marathon 4,012 3,988 24 0.60% 7.77 516.34
Camp Lake CDP Kenosha 4,003 3,665 338 9.22% 4.54 881.72
222 Farmington Waupaca 3,976 3,974 2 0.05% 33.76 117.77
223 Baldwin village St. Croix 3,974 3,957 17 0.43% 2.91 1,365.64
224 Sugar Creek Walworth 3,964 3,943 21 0.53% 33.1 119.76
225 Marshall village Dane 3,938 3,862 76 1.97% 2.09 1,884.21
226 Polk Washington 3,930 3,937 -7 -0.18% 31.12 126.29
227 Beaver Dam town  Dodge 3,925 3,962 -37 -0.93% 33.08 118.65
228 St. Joseph St. Croix 3,911 3,842 69 1.80% 32.05 122.03
229 Raymond Racine 3,908 3,870 38 0.98% 35.51 110.05
230 Ottawa Waukesha 3,895 3,859 36 0.93% 32.64 119.33
231 Cottage Grove town Dane 3,878 3,875 3 0.08% 32.11 120.77
Windsor CDP Dane 3,876 3,573 303 8.48% 3.11 1,246.30
232 Bristol Dane 3,841 3,765 76 2.02% 33.49 114.69
233 Chilton Calumet 3,828 3,933 -105 -2.67% 3.97 964.23
234 North Hudson village St. Croix 3,817 3,768 49 1.30% 1.57 2,431.21
235 Holland La Crosse 3,799 3,701 98 2.65% 40.66 93.43
236 Rochester village Racine 3,782 3,682 100 2.72% 17.48 216.36
237 Erin Washington 3,768 3,747 21 0.56% 35.79 105.28
238 Lancaster Grant 3,760 3,868 -108 -2.79% 3.04 1,236.84
239 Lyons Walworth 3,702 3,698 4 0.11% 34.34 107.80
240 Kiel Manitowoc & Calumet 3,700 3,738 -38 -1.02% 2.53 1,462.45
241 Koshkonong Jefferson 3,694 3,692 2 0.05% 41.42 89.18
242 Stanley Chippewa & Clark 3,660 3,608 52 1.44% 4.18 875.60
243 Horicon Dodge 3,656 3,655 1 0.03% 3.21 1,138.94
244 Scott Brown 3,646 3,545 101 2.85% 18.14 200.99
245 Hartford town Washington 3,599 3,609 -10 -0.28% 27.4 131.35
246 Merton village Waukesha 3,592 3,346 246 7.35% 3 1,197.33
247 Combined Locks village Outagamie 3,577 3,328 249 7.48% 1.7 2,104.12
248 Omro Winnebago 3,556 3,517 39 1.11% 2.35 1,513.19
249 Star Prairie St. Croix 3,551 3,504 47 1.34% 30.62 115.97
250 Black River Falls Jackson 3,550 3,622 -72 -1.99% 4.1 865.85
251 Pulaski village Brown, Shawano & Oconto 3,544 3,539 5 0.14% 2.73 1,298.17
252 Eagle Waukesha 3,526 3,507 19 0.54% 34.08 103.46
253 Hayward Sawyer 3,517 3,567 -50 -1.40% 57.37 61.30
254 Bloomer Chippewa 3,509 3,539 -30 -0.85% 2.94 1,193.54
255 Sauk City village Sauk 3,495 3,410 85 2.49% 1.52 2,299.34
256 Addison Washington 3,460 3,495 -35 -1.00% 36.04 96.00
257 Center Outagamie 3,458 3,402 56 1.65% 34.87 99.17
258 Janesville town Rock 3,450 3,434 16 0.47% 26.79 128.78
259 Seymour Outagamie 3,443 3,451 -8 -0.23% 2.67 1,289.51
260 Lac du Flambeau Vilas 3,437 3,441 -4 -0.12% 99.11 34.68
261 Fond du Lac town Fond du Lac 3,411 3,015 396 13.13% 17.77 191.95
262 Peshtigo city Marinette 3,407 3,502 -95 -2.71% 3.03 1,124.42
263 Menomonie town Dunn 3,389 3,366 23 0.68% 41.65 81.37
264 Wheatland Kenosha 3,373 3,373 0 0.00% 23.74 142.08
265 Richmond St. Croix 3,369 3,272 97 2.96% 31.52 106.88
266 Wrightstown village Brown & Outagamie 3,353 2,827 526 18.61% 4.09 819.80
267 Burke Dane 3,344 3,284 60 1.83% 15.23 219.57
268 Waterloo Jefferson 3,333 3,333 0 0.00% 3.83 870.23
269 Wilson Sheboygan 3,332 3,330 2 0.06% 22.7 146.78
270 Neenah town Winnebago 3,323 3,237 86 2.66% 7.94 418.51
271 Barron Barron 3,311 3,423 -112 -3.27% 2.88 1,149.65
272 Arbor Vitae Vilas 3,298 3,316 -18 -0.54% 61.8 53.37
273 Pleasant Springs Dane 3,289 3,154 135 4.28% 32.86 100.09
274 Lodi town Columbia 3,278 3,273 5 0.15% 26.53 123.56
275 Brodhead Green & Rock 3,276 3,293 -17 -0.52% 1.84 1,780.43
276 Fulton Rock 3,270 3,252 18 0.55% 31.36 104.27
277 Howards Grove village Sheboygan 3,261 3,188 73 2.29% 2.31 1,411.69
278 Seymour Eau Claire 3,247 3,209 38 1.18% 31.21 104.04
279 Randall Kenosha 3,241 3,180 61 1.92% 13.21 245.34
280 Oregon town Dane 3,232 3,184 48 1.51% 30.8 104.94
281 Ellsworth village Pierce 3,229 3,284 -55 -1.67% 3.75 861.07
282 Tomahawk Lincoln 3,201 3,397 -196 -5.77% 7.76 412.50
283 Plymouth town Sheboygan 3,186 3,195 -9 -0.28% 30.21 105.46
284 Ladysmith Rusk 3,184 3,414 -230 -6.74% 4.21 756.29
285 Thiensville village Ozaukee 3,179 3,235 -56 -1.73% 1.08 2,943.52
286 Rock town Rock 3,177 3,196 -19 -0.59% 26.75 118.77
287 Wescott Shawano 3,168 3,183 -15 -0.47% 22.57 140.36
288 Sparta town Monroe 3,165 3,128 37 1.18% 48.53 65.22
289 Boscobel Grant 3,150 3,231 -81 -2.51% 3 1,050.00
290 Pleasant Valley Eau Claire 3,139 3,044 95 3.12% 54.17 57.95
291 Oakland Jefferson 3,134 3,100 34 1.10% 34.63 90.50
Lake Wissota CDP Chippewa 3,131 2,738 393 14.35% 3.75 834.93
292 New Holstein Calumet 3,129 3,236 -107 -3.31% 2.5 1,251.60
293 Brillion Calumet 3,127 3,148 -21 -0.67% 2.72 1,149.63
294 Eagle Point Chippewa 3,110 3,053 57 1.87% 60.9 51.07
295 Algoma Kewaunee 3,098 3,167 -69 -2.18% 2.47 1,254.25
296 Yorkville Racine 3,097 3,071 26 0.85% 33.62 92.12
297 Rice Lake town Barron 3,079 3,041 38 1.25% 26.34 116.89
298 Lodi city Columbia 3,059 3,050 9 0.30% 1.77 1,728.25
299 Arcadia Trempealeau 3,057 2,925 132 4.51% 2.87 1,065.16
300 Genoa City village Walworth & Kenosha 3,022 3,042 -20 -0.66% 2.34 1,291.45
301 Chase Oconto 3,012 3,005 7 0.23% 35.03 85.98
302 Paddock Lake village Kenosha 3,000 2,992 8 0.27% 2.86 1,048.95
303 Oostburg village Sheboygan 2,985 2,887 98 3.39% 1.95 1,530.77
304 Lima Sheboygan 2,983 2,982 1 0.03% 35.58 83.84
305 Stephenson Marinette 2,981 3,006 -25 -0.83% 169.49 17.59
306 Milton town Rock 2,978 2,923 55 1.88% 30.7 97.00
307 Lake Delton village Sauk 2,974 2,914 60 2.06% 7.01 424.25
308 Stockton Portage 2,953 2,917 36 1.23% 57.56 51.30
309 Merrill town Lincoln 2,946 2,980 -34 -1.14% 51.85 56.82
310 Johnson Creek village Jefferson 2,939 2,738 201 7.34% 3.02 973.18
311 Mukwa Waupaca 2,903 2,930 -27 -0.92% 31.17 93.13
312 Sherwood village Calumet 2,886 2,713 173 6.38% 3.46 834.10
313 Kewaunee Kewaunee 2,869 2,952 -83 -2.81% 3.54 810.45
314 Ellington Outagamie 2,857 2,758 99 3.59% 34.63 82.50
315 Amery Polk 2,839 2,902 -63 -2.17% 2.96 959.12
316 Brockway Jackson 2,839 2,828 11 0.39% 47.02 60.38
317 Springfield Dane 2,838 2,734 104 3.80% 35.93 78.99
318 Walworth village Walworth 2,838 2,816 22 0.78% 1.54 1,842.86
319 Oconto Falls Oconto 2,834 2,891 -57 -1.97% 2.73 1,038.10
320 Osceola town Polk 2,832 2,855 -23 -0.81% 34.62 81.80
321 Wisconsin Dells Columbia, Sauk, Adams & Juneau 2,808 2,678 130 4.85% 7.36 381.52
322 Empire Fond du Lac 2,804 2,797 7 0.25% 28.75 97.53
323 Dale Outagamie 2,790 2,731 59 2.16% 30.37 91.87
324 Alden Polk 2,761 2,786 -25 -0.90% 55.75 49.52
325 Wheaton Chippewa 2,761 2,701 60 2.22% 54.36 50.79
326 Pelican Oneida 2,748 2,764 -16 -0.58% 50.48 54.44
327 Hortonville village Outagamie 2,734 2,711 23 0.85% 3.47 787.90
328 Pine Lake Oneida 2,731 2,740 -9 -0.33% 40.1 68.10
329 Newbold Oneida 2,723 2,719 4 0.15% 78.4 34.73
330 Juneau Dodge 2,718 2,814 -96 -3.41% 1.68 1,617.86
331 Pacific Columbia 2,718 2,707 11 0.41% 19.43 139.89
332 Union Eau Claire 2,718 2,663 55 2.07% 27.06 100.44
333 Somerset village St. Croix 2,717 2,635 82 3.11% 2.75 988.00
334 Dayton Waupaca 2,714 2,748 -34 -1.24% 35.13 77.26
335 Rome Adams 2,712 2,720 -8 -0.29% 54.12 50.11
336 Pittsfield Brown 2,669 2,608 61 2.34% 32.09 83.17
337 Sevastopol Door 2,653 2,628 25 0.95% 51.69 51.33
338 Mondovi Buffalo 2,634 2,777 -143 -5.15% 3.82 689.53
339 Friendship Fond du Lac 2,631 2,675 -44 -1.64% 16.56 158.88
Lake Wazeecha CDP Wood 2,622 2,651 -29 -1.09% 3.76 697.34
340 Barton Washington 2,613 2,637 -24 -0.91% 19.1 136.81
341 Spooner Washburn 2,597 2,682 -85 -3.17% 3.29 789.36
342 Williams Bay village Walworth 2,594 2,564 30 1.17% 2.8 926.43
343 Wales village Waukesha 2,582 2,549 33 1.29% 3.28 787.20
344 Medford town Taylor 2,579 2,606 -27 -1.04% 37.17 69.38
345 Ashippun Dodge 2,563 2,559 4 0.16% 35.53 72.14
346 Luxemburg village Kewaunee 2,557 2,515 42 1.67% 2.27 1,126.43
347 Stettin Marathon 2,557 2,554 3 0.12% 36.37 70.31
348 Stanley Barron 2,538 2,546 -8 -0.31% 31.03 81.79
349 Harmony Rock 2,537 2,569 -32 -1.25% 21.64 117.24
350 Osceola village Polk 2,517 2,568 -51 -1.99% 4.19 600.72

Annual Estimates of the Resident Population: April 1, 2010 to July 1, 2016
Source: U.S. Census Bureau, Population Division
Release Date: May 2017.

Mortgages Offered in Wisconsin

The Federal Housing Administration of America has helped many fulfill the dream of owning a house. The housing administration does this by issuing mortgage insurance on loans created by authorized lenders throughout the United States. The FHA has various programs and guidelines that differ from state to state.

USDA loans can help people with low incomes in rural parts of the state qualify for a subsidized low-interest loan.

Choosing a mortgage is an important and personal decision that has to be made after thorough considerations and research. Choosing the right mortgage depends on how long you are planning to keep the home and your current financial status, level of annual income and debts. Also choosing the right mortgage involves proper knowledge of all the terms involved and regulations followed. Considering the weight of deciding the right mortgagee, it is recommended to approach an expert to analyze your current status and future prospects, to help you choose the best mortgage that will not cause any strain on your finances, at the same time proves highly beneficial. The lenders for Wisconsin either use mortgage or a deed of trust. The major Mortgage types of Wisconsin are explained below.

As of 2017 the conforming loan limit across the United States is set to $424,100, with a ceiling of 150% that amount in areas where median home values are higher. Local affordability makes the $424,100 ceiling apply across most the state for single unit homes. Dual unit homes have a limit of $543,000, triple unit homes have a limit of $656,350 & quadruple unit homes have a limit of $815,650.

Fixed Rate Mortgage

Fixed Rate Mortgages are the most popular type of mortgage in the city mainly because of its stability and simplicity. A fixed term along with a fixed interest exists from the start of the mortgage. The monthly amount of payment, for homeowners with Fixed Rate Mortgage, for the settlement of the principal and interest will not change during the fixed term of the mortgage, i.e., the homeowner pays an equal amount of monthly installments. This makes the Fixed Rate Mortgage undemanding and easy on one's finances, creating stability. In Fixed Rate Mortgage, the better part of the initial payments is used to square the interest on the loan and the remaining payment is used to pay off the principal. Fixed Rate Mortgage is highly beneficial, especially if you are able to find a low interest rate.

Adjustable Rate Mortgage

In the case of Adjustable rate mortgage, the interest rate on the mortgage is subject to continuous change. The interest rate is adjusted according to the current interest levels of each month. Depending on this rate changes, the mortgagers monthly payment for principal and interest might rise or drop. This type of mortgage can be adjusted through the years. For instance, the first few years of mortgage can be fixed and the mortgage rates for remaining years could be adjusted. This is perfectly suitable, especially for those with a limited cash flow in the present and expects more earnings in the future, just right to handle the ups and downs of the rate levels. Also the rates could notably differ in the future from current rate levels; this mortgage would prove beneficial during high-interest periods. This mortgage is also the most advantageous one for those who would move from their houses in less than 10 years. There is a wide array of diverse Adjustable Rate Mortgages available, among which annual or two year adjustment period is the most popular ones.

Balloon Mortgages

The Balloon Mortgage is very similar to the Fixed Rate Mortgage in that, the payments are made in equal installments. They differ from Fixed Rate Mortgage in that the loan is not completely amortized over the initial term. A principal balance remains after the payment of initial term, which is paid in full or by re-financing at the end of initial term accordingly.

Second Mortgage

Second Mortgage is for those who already own a home but require financial assistance with renovations, or paying off bills. Such individuals can consider Equity line of Credit or a Home Equity Loan that enables individuals to draw on their home equity and acquire the required amount of money.

Mortgage Refinancing in Wisconsin

Mortgage refinancing is yet another way of Wisconsin homeowners to increase cash inflow and reduce their monthly mortgage payment. This also enables the homeowners to reduce or lengthen the loan's term as desired and take advantage of low interest rates. Individuals can borrow against the equity built up in their home at a lower cost than they can loan from other sources. But a lot of considerations have to made while going for mortgage refinancing. Note that when you lengthen the period of loan with refinancing, you will actually end up paying more money on interests accumulated over time. Refinancing also involves repayment of closing costs, so make sure that closing cost of your home is not very high. In case of your home having high closing cost, you will have to settle for home equity loan or loan modification.

Natural Disasters

Flood Insurance

Homeowner's insurance policies typically do not cover flooding. Most of the state of Wisconsin is considered to have a very low flooding risk. Counties with relatively elevated risks are listed below.

  • low risk: Dodge, Douglas, Eua Claire, Forest, Green, Iowa, Manitowoc, Marathon, Pierce, Rock, Sheboygan, Washington
  • moderate risk: Barron, Brown, Buffalo, Chippewa, Columbia, Florence, Fond du Lac, Jackson, Jefferson, La Crosse, Oconto, Ozaukee, Pepin, Rusk, Saint Croix, Tempealeau, Waupaca, Winnebago

Home buyers with mortgages in high-risk areas are required to buy flood insurance. Most flood insurance policies are sold by the United States federal government through The National Flood Insurance Program. Under-priced flood insurance in high-risk areas act as a subsidy to wealthy homeowners.

The NFIP does not charge nearly enough to cover the expected costs of its liabilities. The assessments are not sufficient to build any buffer to cover an extraordinary year, such as what occurred with Hurricane Katrina in 2005 or Hurricane Sandy in 2012. Because homeowners don€™t incur the full cost of building in a flood zone we end up with more houses there than if homeowners incurred the full cost of the flood risk, which exacerbates the government€™s costs in the next disaster.

Homeowners who live in lower risk areas & are not required to purchase flood insurance heavily cross-subsidize homeowners who are in areas where floods are more common.

Tornadoes

The southern half of the state is considered to have a moderate to high tornado risk. A basic homeowners policy should cover financial damages from tornadoes.

Hail

Hail damage is common across the state. Damage from hail is typically covered by home insurance policies.

Foreclosure Process

Wisconsin is basically a non-recourse state. In the event of the borrower's default on paying the settlements of the loan, the lender can only foreclose on the collateral and the individual is not personally liable for the loan; in case of a non recourse loan, the loan is considered to be secured by the property and not the individual.

The Wisconsin State allows both Judicial and non-Judicial foreclosure and the timeline is about 90 days. However, the lenders often use mortgage with right to sale and prefer to foreclose non-judicially. Right of redemption is available prior to the sale being confirmed by the court. The state also permits deficiency of Judgment.

Judicial Foreclosure

The judicial process of foreclosure requires the lender to file a lawsuit with appropriate documents to procure court order to foreclose. The lender must also issue a notice of the court filing to the borrowers and other parties with an interest in the property to obtain the foreclosure ruling. The law also requires the lender to warn the borrower before filing with the court. Once the judgment of foreclosure has been issued by the court, the borrower gets a reinstatement period to pay off the owed amount and stop the foreclosure. This redemption period varies between 2 months for abandoned properties and 6-12 months for other properties, depending on various factors.

Non-Judicial Foreclosure

Non-judicial Foreclosure is applicable only if the power of sale is clause exists in the deed of trust. The power of sale clause in the mortgage or deed of trust authorizes the sale of property by the lender in the event of borrower defaulting on their payments. The lender may execute the power of sale by themselves or their representative, referred as the trustee, strictly conforming to the power of foreclosure guidelines.