The typical owner-occupied home in Blue River is worth about $124,100, 53% below the Wisconsin median of $266,500 and 63% below the national median of $332,700. Owners pay a median $1,853 a year in property taxes, about 1.49% of their home's value, close to the Wisconsin rate of 1.42%. The median household earns $59,861 a year, so the median home costs 2.1 times the median income (3.4 times for Wisconsin). 86% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Blue River at a glance
| Blue River | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $124,100 | $266,500 | $332,700 |
| Median property tax paid per year | $1,853 | $3,792 | $3,119 |
| Property tax as a share of value | 1.49% | 1.42% | 0.94% |
| Median household income | $59,861 | $77,485 | $80,734 |
| Homes lived in by their owners | 86% | 68% | 65% |
| Owner homes with a mortgage | 39% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $994 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 19.5% | 21.0% |
| Median rent | $775 | $1,087 | $1,413 |
| Rent as a share of renters' income | 20.8% | 27.2% | 30.6% |
| Median year homes were built | 1975 | 1975 | 1980 |
| Vacant homes | 11.2% | 10.8% | 10.1% |
| Population | 472 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Blue River
At this week's average 30-year rate of 7.11%, buying the median Blue River home of $124,100 with 20% down costs about $874 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,080, 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 $37,443 for the 20%-down payment. That payment is 18% of the median Blue River household income of $59,861; at that income and 20% down, the 28% guideline points to a home of about $198,000.
The median rent here is $775 a month, so owning the median home costs about $99 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $24,820 |
|---|---|
| Loan amount | $99,280 |
| Principal and interest | $668 |
| Property taxes (1.49% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $874 |
Change the numbers in the calculator
| Down payment | $4,344 |
|---|---|
| Loan amount | $121,852 |
| Principal and interest | $820 |
| Property taxes (1.49% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $1,080 |
Change the numbers in the calculator
Questions about home buying in Blue River
What is the median home value in Blue River?
About $124,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Blue River?
Homeowners pay a median $1,853 a year, which is about 1.49% 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 Blue River?
For the median home with 20% down at 7.11%, the payment is about $874 a month. Keeping that under 28% of gross income takes about $37,443 a year.
More about Blue River
- Mortgage Refinance in Blue River
- Debt Relief in Blue River
- Home Equity Loans in Blue River
- 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