The typical owner-occupied home in Stone Lake is worth about $193,400, 27% below the Wisconsin median of $266,500 and 42% below the national median of $332,700. Owners pay a median $3,393 a year in property taxes, about 1.75% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $43,393 a year, so the median home costs 4.5 times the median income (3.4 times for Wisconsin). 77% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Stone Lake at a glance
| Stone Lake | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $193,400 | $266,500 | $332,700 |
| Median property tax paid per year | $3,393 | $3,792 | $3,119 |
| Property tax as a share of value | 1.75% | 1.42% | 0.94% |
| Median household income | $43,393 | $77,485 | $80,734 |
| Homes lived in by their owners | 77% | 68% | 65% |
| Owner homes with a mortgage | 63% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,238 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 19.5% | 21.0% |
| Median rent | – | $1,087 | $1,413 |
| Median year homes were built | 1976 | 1975 | 1980 |
| Vacant homes | 54.0% | 10.8% | 10.1% |
| Population | 127 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Stone Lake
At this week's average 30-year rate of 7.11%, buying the median Stone Lake home of $193,400 with 20% down costs about $1,403 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,726, 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 $60,147 for the 20%-down payment. That payment is 39% of the median Stone Lake household income of $43,393; at that income and 20% down, the 28% guideline points to a home of about $140,000.
| Down payment | $38,680 |
|---|---|
| Loan amount | $154,720 |
| Principal and interest | $1,041 |
| Property taxes (1.75% a year) | $282 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| PMI | $0 |
| Total per month | $1,403 |
Change the numbers in the calculator
| Down payment | $6,769 |
|---|---|
| Loan amount | $189,897 |
| Principal and interest | $1,277 |
| Property taxes (1.75% a year) | $282 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| FHA mortgage insurance | $86 |
| Total per month | $1,726 |
Change the numbers in the calculator
Questions about home buying in Stone Lake
What is the median home value in Stone Lake?
About $193,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Stone Lake?
Homeowners pay a median $3,393 a year, which is about 1.75% 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 Stone Lake?
For the median home with 20% down at 7.11%, the payment is about $1,403 a month. Keeping that under 28% of gross income takes about $60,147 a year.
More about Stone Lake
- Mortgage Refinance in Stone Lake
- Debt Relief in Stone Lake
- Home Equity Loans in Stone Lake
- 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