The typical owner-occupied home in Danbury is worth about $107,800, 60% below the Wisconsin median of $266,500 and 68% below the national median of $332,700. Owners pay a median $814 a year in property taxes, about 0.76% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $40,625 a year, so the median home costs 2.7 times the median income (3.4 times for Wisconsin). 87% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Danbury at a glance
| Danbury | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $107,800 | $266,500 | $332,700 |
| Median property tax paid per year | $814 | $3,792 | $3,119 |
| Property tax as a share of value | 0.76% | 1.42% | 0.94% |
| Median household income | $40,625 | $77,485 | $80,734 |
| Homes lived in by their owners | 87% | 68% | 65% |
| Owner homes with a mortgage | 41% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $883 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 25.0% | 19.5% | 21.0% |
| Median rent | $738 | $1,087 | $1,413 |
| Rent as a share of renters' income | 37.5% | 27.2% | 30.6% |
| Median year homes were built | 1984 | 1975 | 1980 |
| Vacant homes | 38.4% | 10.8% | 10.1% |
| Population | 73 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Danbury
At this week's average 30-year rate of 7.11%, buying the median Danbury home of $107,800 with 20% down costs about $693 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $873, 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 $29,714 for the 20%-down payment. That payment is 20% of the median Danbury household income of $40,625; at that income and 20% down, the 28% guideline points to a home of about $147,000.
The median rent here is $738 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,560 |
|---|---|
| Loan amount | $86,240 |
| Principal and interest | $580 |
| Property taxes (0.76% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| PMI | $0 |
| Total per month | $693 |
Change the numbers in the calculator
| Down payment | $3,773 |
|---|---|
| Loan amount | $105,847 |
| Principal and interest | $712 |
| Property taxes (0.76% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| FHA mortgage insurance | $48 |
| Total per month | $873 |
Change the numbers in the calculator
Questions about home buying in Danbury
What is the median home value in Danbury?
About $107,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Danbury?
Homeowners pay a median $814 a year, which is about 0.76% 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 Danbury?
For the median home with 20% down at 7.11%, the payment is about $693 a month. Keeping that under 28% of gross income takes about $29,714 a year.
More about Danbury
- Mortgage Refinance in Danbury
- Debt Relief in Danbury
- Home Equity Loans in Danbury
- 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