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Buying a home in Mazomanie, Wisconsin

The typical owner-occupied home in Mazomanie is worth about $289,400, 9% above the Wisconsin median of $266,500 and 13% below the national median of $332,700. Owners pay a median $4,845 a year in property taxes, about 1.67% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $86,023 a year, so the median home costs 3.4 times the median income (3.4 times for Wisconsin). 78% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.

Mazomanie at a glance

Mazomanie Wisconsin U.S.
Median home value $289,400 $266,500 $332,700
Median property tax paid per year $4,845 $3,792 $3,119
Property tax as a share of value 1.67% 1.42% 0.94%
Median household income $86,023 $77,485 $80,734
Homes lived in by their owners 78% 68% 65%
Owner homes with a mortgage 72% 61% 61%
Median monthly costs, owners with a mortgage $1,616 $1,689 $1,963
Those costs as a share of the owners' income 18.2% 19.5% 21.0%
Median rent $992 $1,087 $1,413
Rent as a share of renters' income 26.3% 27.2% 30.6%
Median year homes were built 1976 1975 1980
Vacant homes 4.5% 10.8% 10.1%
Population 1,694 5,914,872 334,922,499

What a typical home costs per month in Mazomanie

At this week's average 30-year rate of 7.11%, buying the median Mazomanie home of $289,400 with 20% down costs about $2,081 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,563, 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 $89,176 for the 20%-down payment. That payment is 29% of the median Mazomanie household income of $86,023; at that income and 20% down, the 28% guideline points to a home of about $279,000.

The median rent here is $992 a month, so owning the median home costs about $1,089 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$57,880
Loan amount$231,520
Principal and interest$1,557
Property taxes (1.67% a year)$403
Homeowners insurance (our estimate, 0.5% a year)$121
PMI$0
Total per month$2,081

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3.5% down, 30-year FHA loan
Down payment$10,129
Loan amount$284,158
Principal and interest$1,912
Property taxes (1.67% a year)$403
Homeowners insurance (our estimate, 0.5% a year)$121
FHA mortgage insurance$128
Total per month$2,563

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Questions about home buying in Mazomanie

What is the median home value in Mazomanie?

About $289,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Mazomanie?

Homeowners pay a median $4,845 a year, which is about 1.67% 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 Mazomanie?

For the median home with 20% down at 7.11%, the payment is about $2,081 a month. Keeping that under 28% of gross income takes about $89,176 a year.

More about Mazomanie

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