The typical owner-occupied home in Combined Locks is worth about $246,000, 8% below the Wisconsin median of $266,500 and 26% below the national median of $332,700. Owners pay a median $3,473 a year in property taxes, about 1.41% of their home's value, close to the Wisconsin rate of 1.42%. The median household earns $93,490 a year, so the median home costs 2.6 times the median income (3.4 times for Wisconsin). 87% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Combined Locks at a glance
| Combined Locks | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $246,000 | $266,500 | $332,700 |
| Median property tax paid per year | $3,473 | $3,792 | $3,119 |
| Property tax as a share of value | 1.41% | 1.42% | 0.94% |
| Median household income | $93,490 | $77,485 | $80,734 |
| Homes lived in by their owners | 87% | 68% | 65% |
| Owner homes with a mortgage | 70% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,673 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 15.1% | 19.5% | 21.0% |
| Median rent | – | $1,087 | $1,413 |
| Rent as a share of renters' income | 16.8% | 27.2% | 30.6% |
| Median year homes were built | 1975 | 1975 | 1980 |
| Vacant homes | 1.2% | 10.8% | 10.1% |
| Population | 3,622 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Combined Locks
At this week's average 30-year rate of 7.11%, buying the median Combined Locks home of $246,000 with 20% down costs about $1,715 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,125, 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 $73,519 for the 20%-down payment. That payment is 22% of the median Combined Locks household income of $93,490; at that income and 20% down, the 28% guideline points to a home of about $313,000.
| Down payment | $49,200 |
|---|---|
| Loan amount | $196,800 |
| Principal and interest | $1,324 |
| Property taxes (1.41% a year) | $289 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| PMI | $0 |
| Total per month | $1,715 |
Change the numbers in the calculator
| Down payment | $8,610 |
|---|---|
| Loan amount | $241,544 |
| Principal and interest | $1,625 |
| Property taxes (1.41% a year) | $289 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| FHA mortgage insurance | $109 |
| Total per month | $2,125 |
Change the numbers in the calculator
Questions about home buying in Combined Locks
What is the median home value in Combined Locks?
About $246,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Combined Locks?
Homeowners pay a median $3,473 a year, which is about 1.41% 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 Combined Locks?
For the median home with 20% down at 7.11%, the payment is about $1,715 a month. Keeping that under 28% of gross income takes about $73,519 a year.
More about Combined Locks
- Mortgage Refinance in Combined Locks
- Debt Relief in Combined Locks
- Home Equity Loans in Combined Locks
- 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