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Buying a home in Bowler, Wisconsin

The typical owner-occupied home in Bowler is worth about $137,500, 48% below the Wisconsin median of $266,500 and 59% below the national median of $332,700. Owners pay a median $1,170 a year in property taxes, about 0.85% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $53,750 a year, so the median home costs 2.6 times the median income (3.4 times for Wisconsin). 80% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.

Bowler at a glance

Bowler Wisconsin U.S.
Median home value $137,500 $266,500 $332,700
Median property tax paid per year $1,170 $3,792 $3,119
Property tax as a share of value 0.85% 1.42% 0.94%
Median household income $53,750 $77,485 $80,734
Homes lived in by their owners 80% 68% 65%
Owner homes with a mortgage 74% 61% 61%
Median monthly costs, owners with a mortgage $1,538 $1,689 $1,963
Those costs as a share of the owners' income 27.0% 19.5% 21.0%
Median rent $814 $1,087 $1,413
Rent as a share of renters' income 24.2% 27.2% 30.6%
Median year homes were built 1966 1975 1980
Vacant homes 4.7% 10.8% 10.1%
Population 316 5,914,872 334,922,499

What a typical home costs per month in Bowler

At this week's average 30-year rate of 7.11%, buying the median Bowler home of $137,500 with 20% down costs about $895 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,124, 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 $38,343 for the 20%-down payment. That payment is 20% of the median Bowler household income of $53,750; at that income and 20% down, the 28% guideline points to a home of about $193,000.

The median rent here is $814 a month, so owning the median home costs about $81 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$27,500
Loan amount$110,000
Principal and interest$740
Property taxes (0.85% a year)$97
Homeowners insurance (our estimate, 0.5% a year)$57
PMI$0
Total per month$895

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3.5% down, 30-year FHA loan
Down payment$4,812
Loan amount$135,010
Principal and interest$908
Property taxes (0.85% a year)$97
Homeowners insurance (our estimate, 0.5% a year)$57
FHA mortgage insurance$61
Total per month$1,124

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Questions about home buying in Bowler

What is the median home value in Bowler?

About $137,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Bowler?

Homeowners pay a median $1,170 a year, which is about 0.85% 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 Bowler?

For the median home with 20% down at 7.11%, the payment is about $895 a month. Keeping that under 28% of gross income takes about $38,343 a year.

More about Bowler

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