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Wisconsin Mortgage Affordability Calculator โ€” Updated 2026

State abbreviation: WI

In Wisconsin, the median home price is $315,000 as of 2026. Property taxes run at 1.85% of home value annually, and homeowners insurance averages $1320/year. The state income tax rate is 7.65%, which affects your ability to itemize deductions on mortgage interest. The cost of living index in Wisconsin is 98 (100 = national average).

Wisconsin Financial Data (2026)

State Tax Rate
7.65%
Property Tax Rate
1.85%
Median Home Price
$315,000
Avg Insurance Cost
$1,320/year
Cost of Living Index
98
State Abbreviation
WI