The typical owner-occupied home in Chippewa County is worth about $257,900, 3% below the Wisconsin median of $266,500 and 22% below the national median of $332,700. Owners pay a median $2,798 a year in property taxes, about 1.08% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $74,680 a year, so the median home costs 3.5 times the median income (3.4 times for Wisconsin). 74% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Chippewa County at a glance
| Chippewa County | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $257,900 | $266,500 | $332,700 |
| Median property tax paid per year | $2,798 | $3,792 | $3,119 |
| Property tax as a share of value | 1.08% | 1.42% | 0.94% |
| Median household income | $74,680 | $77,485 | $80,734 |
| Homes lived in by their owners | 74% | 68% | 65% |
| Owner homes with a mortgage | 56% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,538 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 18.9% | 19.5% | 21.0% |
| Median rent | $963 | $1,087 | $1,413 |
| Rent as a share of renters' income | 26.7% | 27.2% | 30.6% |
| Median year homes were built | 1978 | 1975 | 1980 |
| Vacant homes | 7.6% | 10.8% | 10.1% |
| Population | 66,799 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Chippewa County
At this week's average 30-year rate of 7.11%, buying the median Chippewa County home of $257,900 with 20% down costs about $1,728 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,157, 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 $74,036 for the 20%-down payment. That payment is 28% of the median Chippewa County household income of $74,680; at that income and 20% down, the 28% guideline points to a home of about $260,000.
The median rent here is $963 a month, so owning the median home costs about $764 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $51,580 |
|---|---|
| Loan amount | $206,320 |
| Principal and interest | $1,388 |
| Property taxes (1.08% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $107 |
| PMI | $0 |
| Total per month | $1,728 |
Change the numbers in the calculator
| Down payment | $9,026 |
|---|---|
| Loan amount | $253,229 |
| Principal and interest | $1,703 |
| Property taxes (1.08% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $107 |
| FHA mortgage insurance | $114 |
| Total per month | $2,157 |
Change the numbers in the calculator
Questions about home buying in Chippewa County
What is the median home value in Chippewa County?
About $257,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Chippewa County?
Homeowners pay a median $2,798 a year, which is about 1.08% 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 Chippewa County?
For the median home with 20% down at 7.11%, the payment is about $1,728 a month. Keeping that under 28% of gross income takes about $74,036 a year.
More about Chippewa County
- Mortgage Refinance in Chippewa County
- Debt Relief in Chippewa County
- Home Equity Loans in Chippewa County
- 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