The typical owner-occupied home in Marshfield is worth about $177,800, 33% below the Wisconsin median of $266,500 and 47% below the national median of $332,700. Owners pay a median $2,998 a year in property taxes, about 1.69% of their home's value, higher than the Wisconsin rate of 1.42%. The median household earns $58,407 a year, so the median home costs 3.0 times the median income (3.4 times for Wisconsin). 60% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Marshfield at a glance
| Marshfield | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $177,800 | $266,500 | $332,700 |
| Median property tax paid per year | $2,998 | $3,792 | $3,119 |
| Property tax as a share of value | 1.69% | 1.42% | 0.94% |
| Median household income | $58,407 | $77,485 | $80,734 |
| Homes lived in by their owners | 60% | 68% | 65% |
| Owner homes with a mortgage | 50% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,315 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 19.5% | 21.0% |
| Median rent | $842 | $1,087 | $1,413 |
| Rent as a share of renters' income | 24.2% | 27.2% | 30.6% |
| Median year homes were built | 1973 | 1975 | 1980 |
| Vacant homes | 6.7% | 10.8% | 10.1% |
| Population | 18,700 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Marshfield
At this week's average 30-year rate of 7.11%, buying the median Marshfield home of $177,800 with 20% down costs about $1,281 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,578, 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 $54,915 for the 20%-down payment. That payment is 26% of the median Marshfield household income of $58,407; at that income and 20% down, the 28% guideline points to a home of about $189,000.
The median rent here is $842 a month, so owning the median home costs about $439 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,560 |
|---|---|
| Loan amount | $142,240 |
| Principal and interest | $957 |
| Property taxes (1.69% a year) | $250 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| PMI | $0 |
| Total per month | $1,281 |
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| Down payment | $6,223 |
|---|---|
| Loan amount | $174,580 |
| Principal and interest | $1,174 |
| Property taxes (1.69% a year) | $250 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| FHA mortgage insurance | $79 |
| Total per month | $1,578 |
Change the numbers in the calculator
Questions about home buying in Marshfield
What is the median home value in Marshfield?
About $177,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Marshfield?
Homeowners pay a median $2,998 a year, which is about 1.69% 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 Marshfield?
For the median home with 20% down at 7.11%, the payment is about $1,281 a month. Keeping that under 28% of gross income takes about $54,915 a year.
More about Marshfield
- Mortgage Refinance in Marshfield
- Debt Relief in Marshfield
- Home Equity Loans in Marshfield
- 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