The typical owner-occupied home in Ogema is worth about $95,700, 64% below the Wisconsin median of $266,500 and 71% below the national median of $332,700. Owners pay a median $1,603 a year in property taxes, about 1.68% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $58,641 a year, so the median home costs 1.6 times the median income (3.4 times for Wisconsin). 90% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
Ogema at a glance
| Ogema | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $95,700 | $266,500 | $332,700 |
| Median property tax paid per year | $1,603 | $3,792 | $3,119 |
| Property tax as a share of value | 1.68% | 1.42% | 0.94% |
| Median household income | $58,641 | $77,485 | $80,734 |
| Homes lived in by their owners | 90% | 68% | 65% |
| Owner homes with a mortgage | 67% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $966 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 14.7% | 19.5% | 21.0% |
| Median rent | $543 | $1,087 | $1,413 |
| Rent as a share of renters' income | 14.3% | 27.2% | 30.6% |
| Median year homes were built | 1950 | 1975 | 1980 |
| Vacant homes | 28.0% | 10.8% | 10.1% |
| Population | 293 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Ogema
At this week's average 30-year rate of 7.11%, buying the median Ogema home of $95,700 with 20% down costs about $689 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $848, 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 $29,523 for the 20%-down payment. That payment is 14% of the median Ogema household income of $58,641; at that income and 20% down, the 28% guideline points to a home of about $190,000.
The median rent here is $543 a month, so owning the median home costs about $146 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $19,140 |
|---|---|
| Loan amount | $76,560 |
| Principal and interest | $515 |
| Property taxes (1.68% a year) | $134 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $689 |
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| Down payment | $3,350 |
|---|---|
| Loan amount | $93,967 |
| Principal and interest | $632 |
| Property taxes (1.68% a year) | $134 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $42 |
| Total per month | $848 |
Change the numbers in the calculator
Questions about home buying in Ogema
What is the median home value in Ogema?
About $95,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ogema?
Homeowners pay a median $1,603 a year, which is about 1.68% 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 Ogema?
For the median home with 20% down at 7.11%, the payment is about $689 a month. Keeping that under 28% of gross income takes about $29,523 a year.
More about Ogema
- Mortgage Refinance in Ogema
- Debt Relief in Ogema
- Home Equity Loans in Ogema
- 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