The typical owner-occupied home in Delafield is worth about $555,800, 2.1 times the Wisconsin median of $266,500 and 67% above the national median of $332,700. Owners pay a median $5,920 a year in property taxes, about 1.07% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $94,806 a year, so the median home costs 5.9 times the median income (3.4 times for Wisconsin). 62% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Delafield at a glance
| Delafield | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $555,800 | $266,500 | $332,700 |
| Median property tax paid per year | $5,920 | $3,792 | $3,119 |
| Property tax as a share of value | 1.07% | 1.42% | 0.94% |
| Median household income | $94,806 | $77,485 | $80,734 |
| Homes lived in by their owners | 62% | 68% | 65% |
| Owner homes with a mortgage | 62% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $2,776 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 19.5% | 21.0% |
| Median rent | $1,457 | $1,087 | $1,413 |
| Rent as a share of renters' income | 33.8% | 27.2% | 30.6% |
| Median year homes were built | 1985 | 1975 | 1980 |
| Vacant homes | 6.9% | 10.8% | 10.1% |
| Population | 7,202 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Delafield
At this week's average 30-year rate of 7.11%, buying the median Delafield home of $555,800 with 20% down costs about $3,718 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,644, 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 $159,355 for the 20%-down payment. That payment is 47% of the median Delafield household income of $94,806; at that income and 20% down, the 28% guideline points to a home of about $331,000.
The median rent here is $1,457 a month, so owning the median home costs about $2,261 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $111,160 |
|---|---|
| Loan amount | $444,640 |
| Principal and interest | $2,991 |
| Property taxes (1.07% a year) | $496 |
| Homeowners insurance (our estimate, 0.5% a year) | $232 |
| PMI | $0 |
| Total per month | $3,718 |
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| Down payment | $19,453 |
|---|---|
| Loan amount | $545,733 |
| Principal and interest | $3,671 |
| Property taxes (1.07% a year) | $496 |
| Homeowners insurance (our estimate, 0.5% a year) | $232 |
| FHA mortgage insurance | $246 |
| Total per month | $4,644 |
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Questions about home buying in Delafield
What is the median home value in Delafield?
About $555,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Delafield?
Homeowners pay a median $5,920 a year, which is about 1.07% 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 Delafield?
For the median home with 20% down at 7.11%, the payment is about $3,718 a month. Keeping that under 28% of gross income takes about $159,355 a year.
More about Delafield
- Mortgage Refinance in Delafield
- Debt Relief in Delafield
- Home Equity Loans in Delafield
- 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