How much do homeowners pay a month in Milton, WI?
Homeowners with a mortgage in Milton, WI pay a median of $1,647 (±$71) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $693 (±$60).
71.5% of owned homes carry a mortgage.
In Milton, the median monthly cost with a mortgage went from $1,435 in 2015–2019 to $1,647 in 2020–2024 (+14.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,647 (±$71)
- Without a mortgage
- $693 (±$60)
- Owned with a mortgage
- 71.5%
Monthly owner costs in Milton
| Milton | Rock County | Wisconsin | United States | |
|---|---|---|---|---|
| With a mortgage | $1,647 (±$71) | $1,538 (±$32) | $1,689 (±$5) | $1,963 |
| Without a mortgage | $693 (±$60) | $632 (±$14) | $659 (±$3) | $638 |
| Owned homes with a mortgage | 71.5% (±7.7 points) | 62.5% (±1.8 points) | 61.1% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $4,320 (±$496) | $3,703 (±$56) | $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 Milton, the median cost with a mortgage is higher than in Rock County ($1,538).
It is not measurably different from Wisconsin ($1,689).
It is lower than the national figure ($1,963).
In Rock County, Milton ranks 21 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 781 of 1,845.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Milton have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,435 (±$61) | $1,647 (±$71) | +14.8% | Down after inflation |
| Median real estate taxes | $3,614 (±$148) | $4,320 (±$496) | +19.5% | No measurable change after inflation |
| Median home value | $149,800 (±$8,711) | $249,200 (±$16,672) | +66.4% | Up 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 Milton
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Milton | — | $1,647 (±$71) | — |
| Town of Milton (Rock County) | 2.6 mi | $1,998 (±$514) | Not measurably different |
| Town of Harmony (Rock County) | 4.2 mi | $1,889 (±$269) | Not measurably different |
| Town of Lima (Rock County) | 5.3 mi | $1,762 (±$685) | Not measurably different |
| Lake Koshkonong | 5.9 mi | $2,061 (±$348) | Higher |
| Town of Johnstown (Rock County) | 6.7 mi | $1,654 (±$115) | Not measurably different |
| Town of Fulton | 7.0 mi | $2,033 (±$356) | Higher |
| Janesville | 7.2 mi | $1,510 (±$44) | Lower |
| Edgerton | 7.9 mi | $1,674 (±$159) | Not measurably different |
Nearby places with a measurably lower figure: Janesville, WI ($1,510).
Nearby places with a measurably higher figure: Lake Koshkonong, WI ($2,061), Town of Fulton, WI ($2,033).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Rock County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 15 | Town of Plymouth (Rock County) | $1,750 (±$535) |
| 16 | Town of Rock (Rock County) | $1,695 (±$531) |
| 17 | Town of La Prairie | $1,688 (±$109) |
| 18 | Town of Avon | $1,676 (±$210) |
| 19 | Edgerton | $1,674 (±$159) |
| 20 | Town of Johnstown (Rock County) | $1,654 (±$115) |
| 21 | Milton | $1,647 (±$71) |
| 22 | Town of Beloit | $1,557 (±$117) |
| 23 | Janesville | $1,510 (±$44) |
| 24 | Town of Turtle | $1,431 (±$161) |
| 25 | Clinton | $1,430 (±$106) |
| 26 | Footville | $1,412 (±$104) |
| 27 | Orfordville | $1,397 (±$73) |
Showing 13 of 28 places in Rock 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.
What you can do on Seayora in Milton
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Milton beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Milton, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Milton, and send estimates and invoices from your phone.
Questions about Milton
What is the average mortgage payment in Milton?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Milton, WI is $1,647 (±$71) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Milton?
Owners without a mortgage in Milton pay a median of $693 (±$60) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Milton gone up?
In Milton, the median monthly cost with a mortgage went from $1,435 in 2015–2019 to $1,647 in 2020–2024 (+14.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milton city, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Milton city, Wisconsin
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Milton city, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Milton city, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Milton city, Wisconsin
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Milton city, Wisconsin (place:52200, 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.
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 .
Related
- Housing in Milton at a glance
- Median rent in Milton
- Rent by bedrooms in Milton
- Rent burden in Milton
- Renters and owners in Milton
- Income and affordability in Milton
- Home values in Milton
- Property taxes in Milton
- Types of homes in Milton
- Bedrooms in Milton
- Age of homes in Milton
- Heating fuel in Milton
- Commute and cars in Milton
- Crime reported to police in Milton
- Population growth in Milton
- How long people stay in Milton
- Crowding and facilities in Milton
- Wisconsin landlord and tenant rules
- Housing across Rock County
- Housing data for every place in Wisconsin