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Buying a home in Viola, Wisconsin

The typical owner-occupied home in Viola is worth about $103,900, 61% below the Wisconsin median of $266,500 and 69% below the national median of $332,700. Owners pay a median $1,572 a year in property taxes, about 1.51% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $88,214 a year, so the median home costs 1.2 times the median income (3.4 times for Wisconsin). 83% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.

Viola at a glance

Viola Wisconsin U.S.
Median home value $103,900 $266,500 $332,700
Median property tax paid per year $1,572 $3,792 $3,119
Property tax as a share of value 1.51% 1.42% 0.94%
Median household income $88,214 $77,485 $80,734
Homes lived in by their owners 83% 68% 65%
Owner homes with a mortgage 53% 61% 61%
Median monthly costs, owners with a mortgage $1,075 $1,689 $1,963
Those costs as a share of the owners' income 14.2% 19.5% 21.0%
Median rent $1,051 $1,087 $1,413
Rent as a share of renters' income 15.7% 27.2% 30.6%
Median year homes were built 1950 1975 1980
Vacant homes 10.0% 10.8% 10.1%
Population 551 5,914,872 334,922,499

What a typical home costs per month in Viola

At this week's average 30-year rate of 7.11%, buying the median Viola home of $103,900 with 20% down costs about $733 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $906, 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 $31,422 for the 20%-down payment. That payment is 10% of the median Viola household income of $88,214; at that income and 20% down, the 28% guideline points to a home of about $292,000.

The median rent here is $1,051 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$20,780
Loan amount$83,120
Principal and interest$559
Property taxes (1.51% a year)$131
Homeowners insurance (our estimate, 0.5% a year)$43
PMI$0
Total per month$733

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3.5% down, 30-year FHA loan
Down payment$3,636
Loan amount$102,018
Principal and interest$686
Property taxes (1.51% a year)$131
Homeowners insurance (our estimate, 0.5% a year)$43
FHA mortgage insurance$46
Total per month$906

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Questions about home buying in Viola

What is the median home value in Viola?

About $103,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Viola?

Homeowners pay a median $1,572 a year, which is about 1.51% 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 Viola?

For the median home with 20% down at 7.11%, the payment is about $733 a month. Keeping that under 28% of gross income takes about $31,422 a year.

More about Viola

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