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Buying a home in Blair, Wisconsin

The typical owner-occupied home in Blair is worth about $141,500, 47% below the Wisconsin median of $266,500 and 57% below the national median of $332,700. Owners pay a median $2,122 a year in property taxes, about 1.50% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $60,446 a year, so the median home costs 2.3 times the median income (3.4 times for Wisconsin). 64% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.

Blair at a glance

Blair Wisconsin U.S.
Median home value $141,500 $266,500 $332,700
Median property tax paid per year $2,122 $3,792 $3,119
Property tax as a share of value 1.50% 1.42% 0.94%
Median household income $60,446 $77,485 $80,734
Homes lived in by their owners 64% 68% 65%
Owner homes with a mortgage 56% 61% 61%
Median monthly costs, owners with a mortgage $1,172 $1,689 $1,963
Those costs as a share of the owners' income 18.8% 19.5% 21.0%
Median rent $827 $1,087 $1,413
Rent as a share of renters' income 21.3% 27.2% 30.6%
Median year homes were built 1968 1975 1980
Vacant homes 13.0% 10.8% 10.1%
Population 1,254 5,914,872 334,922,499

What a typical home costs per month in Blair

At this week's average 30-year rate of 7.11%, buying the median Blair home of $141,500 with 20% down costs about $997 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,233, 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 $42,743 for the 20%-down payment. That payment is 20% of the median Blair household income of $60,446; at that income and 20% down, the 28% guideline points to a home of about $200,000.

The median rent here is $827 a month, so owning the median home costs about $170 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$28,300
Loan amount$113,200
Principal and interest$762
Property taxes (1.50% a year)$177
Homeowners insurance (our estimate, 0.5% a year)$59
PMI$0
Total per month$997

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3.5% down, 30-year FHA loan
Down payment$4,952
Loan amount$138,937
Principal and interest$935
Property taxes (1.50% a year)$177
Homeowners insurance (our estimate, 0.5% a year)$59
FHA mortgage insurance$63
Total per month$1,233

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Questions about home buying in Blair

What is the median home value in Blair?

About $141,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Blair?

Homeowners pay a median $2,122 a year, which is about 1.50% 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 Blair?

For the median home with 20% down at 7.11%, the payment is about $997 a month. Keeping that under 28% of gross income takes about $42,743 a year.

More about Blair

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