How much do homeowners pay a month in Alma, WI?

Homeowners with a mortgage in Alma, WI pay a median of $1,468 (±$278) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $540 (±$84).

47.7% of owned homes carry a mortgage.

In Alma, the median monthly cost with a mortgage went from $1,266 in 2015–2019 to $1,468 in 2020–2024 (+16.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$1,468 (±$278)
Without a mortgage
$540 (±$84)
Owned with a mortgage
47.7%

Monthly owner costs in Alma

Median selected monthly owner costs, estimate (90% margin of error)
AlmaBuffalo CountyWisconsinUnited States
With a mortgage$1,468 (±$278)$1,543 (±$68)$1,689 (±$5)$1,963
Without a mortgage$540 (±$84)$631 (±$31)$659 (±$3)$638
Owned homes with a mortgage47.7% (±9.3 points)52.5% (±2.6 points)61.1% (±0.2 points)60.6%
Median real estate taxes (a year)$2,701 (±$255)$2,808 (±$101)$3,792 (±$12)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Alma, the median cost with a mortgage is not measurably different from Buffalo County ($1,543).

It is not measurably different from Wisconsin ($1,689).

It is lower than the national figure ($1,963).

In Buffalo County, Alma ranks 17 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1142 of 1,845.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Alma have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,266 (±$184)$1,468 (±$278)+16.0%No measurable change after inflation
Median real estate taxes$2,484 (±$246)$2,701 (±$255)+8.7%No measurable change after inflation
Median home value$130,100 (±$16,087)$177,900 (±$16,409)+36.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Alma

Nearest places with a published estimate, compared with Alma
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Alma—$1,468 (±$278)—
Greenfield Township3.1 mi$1,566 (±$174)Not measurably different
Kellogg4.6 mi$1,526 (±$223)Not measurably different
Town of Alma (Buffalo County)5.1 mi$1,859 (±$260)Higher
Town of Belvidere6.4 mi$1,830 (±$162)Higher
Wabasha6.6 mi$1,621 (±$319)Not measurably different
Nelson6.7 mi$1,195 (±$106)Not measurably different
Minneiska Township7.3 mi$1,672 (±$339)Not measurably different
Town of Nelson7.5 mi$1,926 (±$78)Higher

Nearby places with a measurably higher figure: Town of Alma (Buffalo County), WI ($1,859), Town of Belvidere, WI ($1,830), Town of Nelson, WI ($1,926).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Buffalo County, place by place

RankPlaceMedian monthly cost with a mortgage
11Town of Milton (Buffalo County)$1,719 (±$340)
12Town of Modena$1,696 (±$307)
13Town of Mondovi$1,656 (±$421)
14Town of Montana$1,594 (±$817)
15Town of Buffalo (Buffalo County)$1,557 (±$136)
16Town of Waumandee$1,545 (±$167)
17Alma$1,468 (±$278)
18Town of Glencoe$1,425 (±$522)
19Cochrane$1,417 (±$223)
20Fountain City$1,393 (±$345)
21Buffalo City$1,387 (±$49)
22Mondovi$1,259 (±$179)
23Nelson$1,195 (±$106)

Showing 13 of 23 places in Buffalo County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Alma

What is the average mortgage payment in Alma?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Alma, WI is $1,468 (±$278) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Alma?

Owners without a mortgage in Alma pay a median of $540 (±$84) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Alma gone up?

In Alma, the median monthly cost with a mortgage went from $1,266 in 2015–2019 to $1,468 in 2020–2024 (+16.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Alma city, Wisconsin (place:01225, in state:55).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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