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Buying a home in Lac Du Flambeau, Wisconsin

The typical owner-occupied home in Lac Du Flambeau is worth about $134,800, 49% below the Wisconsin median of $266,500 and 59% below the national median of $332,700. Owners pay a median $3,154 a year in property taxes, about 2.34% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $35,208 a year, so the median home costs 3.8 times the median income (3.4 times for Wisconsin). 46% of occupied homes here are lived in by their owners, and 22% of those owners still have a mortgage.

Lac Du Flambeau at a glance

Lac Du Flambeau Wisconsin U.S.
Median home value $134,800 $266,500 $332,700
Median property tax paid per year $3,154 $3,792 $3,119
Property tax as a share of value 2.34% 1.42% 0.94%
Median household income $35,208 $77,485 $80,734
Homes lived in by their owners 46% 68% 65%
Owner homes with a mortgage 22% 61% 61%
Median monthly costs, owners with a mortgage $900 $1,689 $1,963
Those costs as a share of the owners' income 21.7% 19.5% 21.0%
Median rent $541 $1,087 $1,413
Rent as a share of renters' income 22.7% 27.2% 30.6%
Median year homes were built 1984 1975 1980
Vacant homes 33.0% 10.8% 10.1%
Population 1,503 5,914,872 334,922,499

What a typical home costs per month in Lac Du Flambeau

At this week's average 30-year rate of 7.11%, buying the median Lac Du Flambeau home of $134,800 with 20% down costs about $1,044 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,269, 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 $44,763 for the 20%-down payment. That payment is 36% of the median Lac Du Flambeau household income of $35,208; at that income and 20% down, the 28% guideline points to a home of about $106,000.

The median rent here is $541 a month, so owning the median home costs about $503 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$26,960
Loan amount$107,840
Principal and interest$725
Property taxes (2.34% a year)$263
Homeowners insurance (our estimate, 0.5% a year)$56
PMI$0
Total per month$1,044

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3.5% down, 30-year FHA loan
Down payment$4,718
Loan amount$132,358
Principal and interest$890
Property taxes (2.34% a year)$263
Homeowners insurance (our estimate, 0.5% a year)$56
FHA mortgage insurance$60
Total per month$1,269

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Questions about home buying in Lac Du Flambeau

What is the median home value in Lac Du Flambeau?

About $134,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lac Du Flambeau?

Homeowners pay a median $3,154 a year, which is about 2.34% 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 Lac Du Flambeau?

For the median home with 20% down at 7.11%, the payment is about $1,044 a month. Keeping that under 28% of gross income takes about $44,763 a year.

More about Lac Du Flambeau

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