The typical owner-occupied home in Mason is worth about $112,500, 58% below the Wisconsin median of $266,500 and 66% below the national median of $332,700. Owners pay a median $1,028 a year in property taxes, about 0.91% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $71,667 a year, so the median home costs 1.6 times the median income (3.4 times for Wisconsin). 79% of occupied homes here are lived in by their owners, and 81% of those owners still have a mortgage.
Mason at a glance
| Mason | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $112,500 | $266,500 | $332,700 |
| Median property tax paid per year | $1,028 | $3,792 | $3,119 |
| Property tax as a share of value | 0.91% | 1.42% | 0.94% |
| Median household income | $71,667 | $77,485 | $80,734 |
| Homes lived in by their owners | 79% | 68% | 65% |
| Owner homes with a mortgage | 81% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $900 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 20.8% | 19.5% | 21.0% |
| Median rent | – | $1,087 | $1,413 |
| Median year homes were built | 1949 | 1975 | 1980 |
| Vacant homes | 24.4% | 10.8% | 10.1% |
| Population | 93 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Mason
At this week's average 30-year rate of 7.11%, buying the median Mason home of $112,500 with 20% down costs about $738 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $925, 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 $31,613 for the 20%-down payment. That payment is 12% of the median Mason household income of $71,667; at that income and 20% down, the 28% guideline points to a home of about $255,000.
| Down payment | $22,500 |
|---|---|
| Loan amount | $90,000 |
| Principal and interest | $605 |
| Property taxes (0.91% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $738 |
Change the numbers in the calculator
| Down payment | $3,938 |
|---|---|
| Loan amount | $110,462 |
| Principal and interest | $743 |
| Property taxes (0.91% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $50 |
| Total per month | $925 |
Change the numbers in the calculator
Questions about home buying in Mason
What is the median home value in Mason?
About $112,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mason?
Homeowners pay a median $1,028 a year, which is about 0.91% 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 Mason?
For the median home with 20% down at 7.11%, the payment is about $738 a month. Keeping that under 28% of gross income takes about $31,613 a year.
More about Mason
- Mortgage Refinance in Mason
- Debt Relief in Mason
- Home Equity Loans in Mason
- 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