The typical owner-occupied home in Bagley is worth about $119,400, 55% below the Wisconsin median of $266,500 and 64% below the national median of $332,700. Owners pay a median $1,271 a year in property taxes, about 1.06% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $53,229 a year, so the median home costs 2.2 times the median income (3.4 times for Wisconsin). 90% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Bagley at a glance
| Bagley | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $119,400 | $266,500 | $332,700 |
| Median property tax paid per year | $1,271 | $3,792 | $3,119 |
| Property tax as a share of value | 1.06% | 1.42% | 0.94% |
| Median household income | $53,229 | $77,485 | $80,734 |
| Homes lived in by their owners | 90% | 68% | 65% |
| Owner homes with a mortgage | 46% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,196 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 14.9% | 19.5% | 21.0% |
| Median rent | $817 | $1,087 | $1,413 |
| Rent as a share of renters' income | 15.4% | 27.2% | 30.6% |
| Median year homes were built | 1977 | 1975 | 1980 |
| Vacant homes | 45.8% | 10.8% | 10.1% |
| Population | 337 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Bagley
At this week's average 30-year rate of 7.11%, buying the median Bagley home of $119,400 with 20% down costs about $798 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $997, 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 $34,191 for the 20%-down payment. That payment is 18% of the median Bagley household income of $53,229; at that income and 20% down, the 28% guideline points to a home of about $186,000.
The median rent here is $817 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,880 |
|---|---|
| Loan amount | $95,520 |
| Principal and interest | $643 |
| Property taxes (1.06% a year) | $105 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $798 |
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| Down payment | $4,179 |
|---|---|
| Loan amount | $117,237 |
| Principal and interest | $789 |
| Property taxes (1.06% a year) | $105 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $997 |
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Questions about home buying in Bagley
What is the median home value in Bagley?
About $119,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bagley?
Homeowners pay a median $1,271 a year, which is about 1.06% 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 Bagley?
For the median home with 20% down at 7.11%, the payment is about $798 a month. Keeping that under 28% of gross income takes about $34,191 a year.
More about Bagley
- Mortgage Refinance in Bagley
- Debt Relief in Bagley
- Home Equity Loans in Bagley
- 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