The typical owner-occupied home in Big Falls is worth about $76,000, 71% below the Wisconsin median of $266,500 and 77% below the national median of $332,700. Owners pay a median $929 a year in property taxes, about 1.22% of their home's value, lower than the Wisconsin rate of 1.42%. 88% of occupied homes here are lived in by their owners, and 14% of those owners still have a mortgage.
Big Falls at a glance
| Big Falls | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $76,000 | $266,500 | $332,700 |
| Median property tax paid per year | $929 | $3,792 | $3,119 |
| Property tax as a share of value | 1.22% | 1.42% | 0.94% |
| Median household income | – | $77,485 | $80,734 |
| Homes lived in by their owners | 88% | 68% | 65% |
| Owner homes with a mortgage | 14% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $775 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 19.5% | 21.0% |
| Median rent | $933 | $1,087 | $1,413 |
| Rent as a share of renters' income | 22.5% | 27.2% | 30.6% |
| Median year homes were built | 1971 | 1975 | 1980 |
| Vacant homes | 13.2% | 10.8% | 10.1% |
| Population | 134 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Big Falls
At this week's average 30-year rate of 7.11%, buying the median Big Falls home of $76,000 with 20% down costs about $518 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $645, 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 $22,197 for the 20%-down payment.
The median rent here is $933 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,200 |
|---|---|
| Loan amount | $60,800 |
| Principal and interest | $409 |
| Property taxes (1.22% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| PMI | $0 |
| Total per month | $518 |
Change the numbers in the calculator
| Down payment | $2,660 |
|---|---|
| Loan amount | $74,623 |
| Principal and interest | $502 |
| Property taxes (1.22% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| FHA mortgage insurance | $34 |
| Total per month | $645 |
Change the numbers in the calculator
Questions about home buying in Big Falls
What is the median home value in Big Falls?
About $76,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Big Falls?
Homeowners pay a median $929 a year, which is about 1.22% 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 Big Falls?
For the median home with 20% down at 7.11%, the payment is about $518 a month. Keeping that under 28% of gross income takes about $22,197 a year.
More about Big Falls
- Mortgage Refinance in Big Falls
- Debt Relief in Big Falls
- Home Equity Loans in Big Falls
- 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