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Buying a home in Tony, Wisconsin

The typical owner-occupied home in Tony is worth about $85,000, 68% below the Wisconsin median of $266,500 and 74% below the national median of $332,700. Owners pay a median $1,406 a year in property taxes, about 1.65% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $81,250 a year, so the median home costs 1.0 times the median income (3.4 times for Wisconsin). 77% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.

Tony at a glance

Tony Wisconsin U.S.
Median home value $85,000 $266,500 $332,700
Median property tax paid per year $1,406 $3,792 $3,119
Property tax as a share of value 1.65% 1.42% 0.94%
Median household income $81,250 $77,485 $80,734
Homes lived in by their owners 77% 68% 65%
Owner homes with a mortgage 40% 61% 61%
Median monthly costs, owners with a mortgage $1,375 $1,689 $1,963
Those costs as a share of the owners' income 28.1% 19.5% 21.0%
Median rent – $1,087 $1,413
Rent as a share of renters' income 23.0% 27.2% 30.6%
Median year homes were built 1938 1975 1980
Vacant homes 0.0% 10.8% 10.1%
Population 123 5,914,872 334,922,499

What a typical home costs per month in Tony

At this week's average 30-year rate of 7.11%, buying the median Tony home of $85,000 with 20% down costs about $610 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $751, 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 $26,131 for the 20%-down payment. That payment is 9% of the median Tony household income of $81,250; at that income and 20% down, the 28% guideline points to a home of about $264,000.

20% down, 30-year conventional loan
Down payment$17,000
Loan amount$68,000
Principal and interest$457
Property taxes (1.65% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$35
PMI$0
Total per month$610

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3.5% down, 30-year FHA loan
Down payment$2,975
Loan amount$83,460
Principal and interest$561
Property taxes (1.65% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$35
FHA mortgage insurance$38
Total per month$751

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Questions about home buying in Tony

What is the median home value in Tony?

About $85,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Tony?

Homeowners pay a median $1,406 a year, which is about 1.65% 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 Tony?

For the median home with 20% down at 7.11%, the payment is about $610 a month. Keeping that under 28% of gross income takes about $26,131 a year.

More about Tony

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