The typical owner-occupied home in Abrams is worth about $204,200, 23% below the Wisconsin median of $266,500 and 39% below the national median of $332,700. Owners pay a median $2,043 a year in property taxes, about 1.00% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $97,500 a year, so the median home costs 2.1 times the median income (3.4 times for Wisconsin). 96% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.
Abrams at a glance
| Abrams | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $204,200 | $266,500 | $332,700 |
| Median property tax paid per year | $2,043 | $3,792 | $3,119 |
| Property tax as a share of value | 1.00% | 1.42% | 0.94% |
| Median household income | $97,500 | $77,485 | $80,734 |
| Homes lived in by their owners | 96% | 68% | 65% |
| Owner homes with a mortgage | 74% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,397 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 17.0% | 19.5% | 21.0% |
| Median rent | – | $1,087 | $1,413 |
| Median year homes were built | 1964 | 1975 | 1980 |
| Vacant homes | 8.9% | 10.8% | 10.1% |
| Population | 278 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Abrams
At this week's average 30-year rate of 7.11%, buying the median Abrams home of $204,200 with 20% down costs about $1,354 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,694, 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 $58,036 for the 20%-down payment. That payment is 17% of the median Abrams household income of $97,500; at that income and 20% down, the 28% guideline points to a home of about $343,000.
| Down payment | $40,840 |
|---|---|
| Loan amount | $163,360 |
| Principal and interest | $1,099 |
| Property taxes (1.00% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| PMI | $0 |
| Total per month | $1,354 |
Change the numbers in the calculator
| Down payment | $7,147 |
|---|---|
| Loan amount | $200,501 |
| Principal and interest | $1,349 |
| Property taxes (1.00% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| FHA mortgage insurance | $90 |
| Total per month | $1,694 |
Change the numbers in the calculator
Questions about home buying in Abrams
What is the median home value in Abrams?
About $204,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Abrams?
Homeowners pay a median $2,043 a year, which is about 1.00% 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 Abrams?
For the median home with 20% down at 7.11%, the payment is about $1,354 a month. Keeping that under 28% of gross income takes about $58,036 a year.
More about Abrams
- Mortgage Refinance in Abrams
- Debt Relief in Abrams
- Home Equity Loans in Abrams
- 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