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Buying a home in Chaseburg, Wisconsin

The typical owner-occupied home in Chaseburg is worth about $180,000, 32% below the Wisconsin median of $266,500 and 46% below the national median of $332,700. Owners pay a median $2,585 a year in property taxes, about 1.44% of their home's value, close to the Wisconsin rate of 1.42%. The median household earns $88,750 a year, so the median home costs 2.0 times the median income (3.4 times for Wisconsin). 69% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.

Chaseburg at a glance

Chaseburg Wisconsin U.S.
Median home value $180,000 $266,500 $332,700
Median property tax paid per year $2,585 $3,792 $3,119
Property tax as a share of value 1.44% 1.42% 0.94%
Median household income $88,750 $77,485 $80,734
Homes lived in by their owners 69% 68% 65%
Owner homes with a mortgage 59% 61% 61%
Median monthly costs, owners with a mortgage $1,602 $1,689 $1,963
Those costs as a share of the owners' income 18.1% 19.5% 21.0%
Median rent $735 $1,087 $1,413
Rent as a share of renters' income 13.5% 27.2% 30.6%
Median year homes were built 1971 1975 1980
Vacant homes 10.5% 10.8% 10.1%
Population 304 5,914,872 334,922,499

What a typical home costs per month in Chaseburg

At this week's average 30-year rate of 7.11%, buying the median Chaseburg home of $180,000 with 20% down costs about $1,260 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,560, 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 $53,987 for the 20%-down payment. That payment is 17% of the median Chaseburg household income of $88,750; at that income and 20% down, the 28% guideline points to a home of about $296,000.

The median rent here is $735 a month, so owning the median home costs about $525 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$36,000
Loan amount$144,000
Principal and interest$969
Property taxes (1.44% a year)$216
Homeowners insurance (our estimate, 0.5% a year)$75
PMI$0
Total per month$1,260

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3.5% down, 30-year FHA loan
Down payment$6,300
Loan amount$176,740
Principal and interest$1,189
Property taxes (1.44% a year)$216
Homeowners insurance (our estimate, 0.5% a year)$75
FHA mortgage insurance$80
Total per month$1,560

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Questions about home buying in Chaseburg

What is the median home value in Chaseburg?

About $180,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Chaseburg?

Homeowners pay a median $2,585 a year, which is about 1.44% 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 Chaseburg?

For the median home with 20% down at 7.11%, the payment is about $1,260 a month. Keeping that under 28% of gross income takes about $53,987 a year.

More about Chaseburg

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