The typical owner-occupied home in Lake Delton is worth about $178,300, 33% below the Wisconsin median of $266,500 and 46% below the national median of $332,700. Owners pay a median $1,583 a year in property taxes, about 0.89% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $51,964 a year, so the median home costs 3.4 times the median income (3.4 times for Wisconsin). 58% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Lake Delton at a glance
| Lake Delton | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $178,300 | $266,500 | $332,700 |
| Median property tax paid per year | $1,583 | $3,792 | $3,119 |
| Property tax as a share of value | 0.89% | 1.42% | 0.94% |
| Median household income | $51,964 | $77,485 | $80,734 |
| Homes lived in by their owners | 58% | 68% | 65% |
| Owner homes with a mortgage | 39% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,317 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 30.0% | 19.5% | 21.0% |
| Median rent | $1,006 | $1,087 | $1,413 |
| Rent as a share of renters' income | 27.2% | 27.2% | 30.6% |
| Median year homes were built | 1993 | 1975 | 1980 |
| Vacant homes | 28.6% | 10.8% | 10.1% |
| Population | 3,482 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Lake Delton
At this week's average 30-year rate of 7.11%, buying the median Lake Delton home of $178,300 with 20% down costs about $1,166 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,463, 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 $49,975 for the 20%-down payment. That payment is 27% of the median Lake Delton household income of $51,964; at that income and 20% down, the 28% guideline points to a home of about $185,000.
The median rent here is $1,006 a month, so owning the median home costs about $160 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,660 |
|---|---|
| Loan amount | $142,640 |
| Principal and interest | $960 |
| Property taxes (0.89% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| PMI | $0 |
| Total per month | $1,166 |
Change the numbers in the calculator
| Down payment | $6,240 |
|---|---|
| Loan amount | $175,071 |
| Principal and interest | $1,178 |
| Property taxes (0.89% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| FHA mortgage insurance | $79 |
| Total per month | $1,463 |
Change the numbers in the calculator
Questions about home buying in Lake Delton
What is the median home value in Lake Delton?
About $178,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lake Delton?
Homeowners pay a median $1,583 a year, which is about 0.89% 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 Lake Delton?
For the median home with 20% down at 7.11%, the payment is about $1,166 a month. Keeping that under 28% of gross income takes about $49,975 a year.
More about Lake Delton
- Mortgage Refinance in Lake Delton
- Debt Relief in Lake Delton
- Home Equity Loans in Lake Delton
- 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