The typical owner-occupied home in Elcho is worth about $73,600, 72% below the Wisconsin median of $266,500 and 78% below the national median of $332,700. Owners pay a median $944 a year in property taxes, about 1.28% of their home's value, lower than the Wisconsin rate of 1.42%. 58% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Elcho at a glance
| Elcho | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $73,600 | $266,500 | $332,700 |
| Median property tax paid per year | $944 | $3,792 | $3,119 |
| Property tax as a share of value | 1.28% | 1.42% | 0.94% |
| Median household income | – | $77,485 | $80,734 |
| Homes lived in by their owners | 58% | 68% | 65% |
| Owner homes with a mortgage | 57% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $679 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 17.4% | 19.5% | 21.0% |
| Median rent | $488 | $1,087 | $1,413 |
| Rent as a share of renters' income | 41.5% | 27.2% | 30.6% |
| Median year homes were built | 1971 | 1975 | 1980 |
| Vacant homes | 28.1% | 10.8% | 10.1% |
| Population | 207 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Elcho
At this week's average 30-year rate of 7.11%, buying the median Elcho home of $73,600 with 20% down costs about $505 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $628, 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 $21,654 for the 20%-down payment.
The median rent here is $488 a month, so owning the median home costs about $17 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $14,720 |
|---|---|
| Loan amount | $58,880 |
| Principal and interest | $396 |
| Property taxes (1.28% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| PMI | $0 |
| Total per month | $505 |
Change the numbers in the calculator
| Down payment | $2,576 |
|---|---|
| Loan amount | $72,267 |
| Principal and interest | $486 |
| Property taxes (1.28% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| FHA mortgage insurance | $33 |
| Total per month | $628 |
Change the numbers in the calculator
Questions about home buying in Elcho
What is the median home value in Elcho?
About $73,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Elcho?
Homeowners pay a median $944 a year, which is about 1.28% 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 Elcho?
For the median home with 20% down at 7.11%, the payment is about $505 a month. Keeping that under 28% of gross income takes about $21,654 a year.
More about Elcho
- Mortgage Refinance in Elcho
- Debt Relief in Elcho
- Home Equity Loans in Elcho
- 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