The typical owner-occupied home in New Holstein is worth about $178,700, 33% below the Wisconsin median of $266,500 and 46% below the national median of $332,700. Owners pay a median $2,860 a year in property taxes, about 1.60% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $59,667 a year, so the median home costs 3.0 times the median income (3.4 times for Wisconsin). 69% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
New Holstein at a glance
| New Holstein | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $178,700 | $266,500 | $332,700 |
| Median property tax paid per year | $2,860 | $3,792 | $3,119 |
| Property tax as a share of value | 1.60% | 1.42% | 0.94% |
| Median household income | $59,667 | $77,485 | $80,734 |
| Homes lived in by their owners | 69% | 68% | 65% |
| Owner homes with a mortgage | 48% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,195 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 14.6% | 19.5% | 21.0% |
| Median rent | $768 | $1,087 | $1,413 |
| Rent as a share of renters' income | 22.0% | 27.2% | 30.6% |
| Median year homes were built | 1966 | 1975 | 1980 |
| Vacant homes | 4.0% | 10.8% | 10.1% |
| Population | 3,075 | 5,914,872 | 334,922,499 |
What a typical home costs per month in New Holstein
At this week's average 30-year rate of 7.11%, buying the median New Holstein home of $178,700 with 20% down costs about $1,274 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,572, 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 $54,618 for the 20%-down payment. That payment is 26% of the median New Holstein household income of $59,667; at that income and 20% down, the 28% guideline points to a home of about $195,000.
The median rent here is $768 a month, so owning the median home costs about $506 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,740 |
|---|---|
| Loan amount | $142,960 |
| Principal and interest | $962 |
| Property taxes (1.60% a year) | $238 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| PMI | $0 |
| Total per month | $1,274 |
Change the numbers in the calculator
| Down payment | $6,254 |
|---|---|
| Loan amount | $175,463 |
| Principal and interest | $1,180 |
| Property taxes (1.60% a year) | $238 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| FHA mortgage insurance | $79 |
| Total per month | $1,572 |
Change the numbers in the calculator
Questions about home buying in New Holstein
What is the median home value in New Holstein?
About $178,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in New Holstein?
Homeowners pay a median $2,860 a year, which is about 1.60% 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 New Holstein?
For the median home with 20% down at 7.11%, the payment is about $1,274 a month. Keeping that under 28% of gross income takes about $54,618 a year.
More about New Holstein
- Mortgage Refinance in New Holstein
- Debt Relief in New Holstein
- Home Equity Loans in New Holstein
- 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