The typical owner-occupied home in Fort Atkinson is worth about $132,100, 36% below the Iowa median of $208,000 and 60% below the national median of $332,700. Owners pay a median $1,802 a year in property taxes, about 1.36% of their home's value, close to the Iowa rate of 1.39%. The median household earns $73,750 a year, so the median home costs 1.8 times the median income (2.8 times for Iowa). 87% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Fort Atkinson at a glance
| Fort Atkinson | Iowa | U.S. | |
|---|---|---|---|
| Median home value | $132,100 | $208,000 | $332,700 |
| Median property tax paid per year | $1,802 | $2,897 | $3,119 |
| Property tax as a share of value | 1.36% | 1.39% | 0.94% |
| Median household income | $73,750 | $75,059 | $80,734 |
| Homes lived in by their owners | 87% | 72% | 65% |
| Owner homes with a mortgage | 52% | 59% | 61% |
| Median monthly costs, owners with a mortgage | $1,268 | $1,533 | $1,963 |
| Those costs as a share of the owners' income | 17.9% | 18.7% | 21.0% |
| Median rent | – | $972 | $1,413 |
| Rent as a share of renters' income | 23.3% | 27.4% | 30.6% |
| Median year homes were built | 1959 | 1972 | 1980 |
| Vacant homes | 9.9% | 8.5% | 10.1% |
| Population | 346 | 3,210,507 | 334,922,499 |
What a typical home costs per month in Fort Atkinson
At this week's average 30-year rate of 7.11%, buying the median Fort Atkinson home of $132,100 with 20% down costs about $916 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,136, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $39,243 for the 20%-down payment. That payment is 15% of the median Fort Atkinson household income of $73,750; at that income and 20% down, the 28% guideline points to a home of about $248,000.
| Down payment | $26,420 |
|---|---|
| Loan amount | $105,680 |
| Principal and interest | $711 |
| Property taxes (1.36% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| PMI | $0 |
| Total per month | $916 |
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| Down payment | $4,624 |
|---|---|
| Loan amount | $129,707 |
| Principal and interest | $873 |
| Property taxes (1.36% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| FHA mortgage insurance | $58 |
| Total per month | $1,136 |
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Questions about home buying in Fort Atkinson
What is the median home value in Fort Atkinson?
About $132,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fort Atkinson?
Homeowners pay a median $1,802 a year, which is about 1.36% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Fort Atkinson?
For the median home with 20% down at 7.11%, the payment is about $916 a month. Keeping that under 28% of gross income takes about $39,243 a year.
More about Fort Atkinson
- Mortgage Refinance in Fort Atkinson
- Debt Relief in Fort Atkinson
- Home Equity Loans in Fort Atkinson
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data