The typical owner-occupied home in Osseo is worth about $181,600, 32% below the Wisconsin median of $266,500 and 45% below the national median of $332,700. Owners pay a median $3,305 a year in property taxes, about 1.82% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $59,548 a year, so the median home costs 3.0 times the median income (3.4 times for Wisconsin). 70% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Osseo at a glance
| Osseo | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $181,600 | $266,500 | $332,700 |
| Median property tax paid per year | $3,305 | $3,792 | $3,119 |
| Property tax as a share of value | 1.82% | 1.42% | 0.94% |
| Median household income | $59,548 | $77,485 | $80,734 |
| Homes lived in by their owners | 70% | 68% | 65% |
| Owner homes with a mortgage | 68% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,236 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 18.9% | 19.5% | 21.0% |
| Median rent | $871 | $1,087 | $1,413 |
| Rent as a share of renters' income | 24.2% | 27.2% | 30.6% |
| Median year homes were built | 1975 | 1975 | 1980 |
| Vacant homes | 7.6% | 10.8% | 10.1% |
| Population | 1,687 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Osseo
At this week's average 30-year rate of 7.11%, buying the median Osseo home of $181,600 with 20% down costs about $1,328 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,631, 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 $56,931 for the 20%-down payment. That payment is 27% of the median Osseo household income of $59,548; at that income and 20% down, the 28% guideline points to a home of about $190,000.
The median rent here is $871 a month, so owning the median home costs about $457 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,320 |
|---|---|
| Loan amount | $145,280 |
| Principal and interest | $977 |
| Property taxes (1.82% a year) | $275 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,328 |
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| Down payment | $6,356 |
|---|---|
| Loan amount | $178,311 |
| Principal and interest | $1,200 |
| Property taxes (1.82% a year) | $275 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $80 |
| Total per month | $1,631 |
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Questions about home buying in Osseo
What is the median home value in Osseo?
About $181,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Osseo?
Homeowners pay a median $3,305 a year, which is about 1.82% 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 Osseo?
For the median home with 20% down at 7.11%, the payment is about $1,328 a month. Keeping that under 28% of gross income takes about $56,931 a year.
More about Osseo
- Mortgage Refinance in Osseo
- Debt Relief in Osseo
- Home Equity Loans in Osseo
- 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