How much do homeowners pay a month in Shorewood Hills, WI?
Homeowners with a mortgage in Shorewood Hills, WI pay a median of $4,000 or more a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
59.9% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $4,000 or more
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 59.9%
Monthly owner costs in Shorewood Hills
| Shorewood Hills | Dane County | Wisconsin | United States | |
|---|---|---|---|---|
| With a mortgage | $4,000 or more | $2,200 (±$25) | $1,689 (±$5) | $1,963 |
| Without a mortgage | $1,500 or more | $901 (±$15) | $659 (±$3) | $638 |
| Owned homes with a mortgage | 59.9% (±8.7 points) | 67.7% (±1.0 points) | 61.1% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $6,420 (±$55) | $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.
How owner costs in Shorewood Hills have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $665,300 (±$24,809) | $939,900 (±$77,200) | +41.3% | 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 Shorewood Hills
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Shorewood Hills | — | $4,000 or more | — |
| Madison | 1.1 mi | $2,098 (±$47) | — |
| Middleton | 3.6 mi | $2,579 (±$242) | — |
| Maple Bluff | 4.7 mi | $4,000 or more | — |
| Monona | 6.0 mi | $2,199 (±$172) | — |
| Town of Westport | 6.2 mi | $2,614 (±$208) | — |
| Town of Middleton | 6.2 mi | $3,284 (±$219) | — |
| Fitchburg | 6.5 mi | $2,384 (±$139) | — |
| Waunakee | 7.2 mi | $2,735 (±$239) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Dane County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Maple Bluff | $4,000 or more |
| 1 (tie) | Shorewood Hills | $4,000 or more |
| 3 | Town of Middleton | $3,284 (±$219) |
| 4 | Town of Vermont | $2,949 (±$337) |
| 5 | Town of Verona | $2,846 (±$203) |
| 6 | Town of Cross Plains | $2,819 (±$320) |
| 7 | Waunakee | $2,735 (±$239) |
| 8 | Town of Blue Mounds | $2,713 (±$308) |
Showing 8 of 59 places in Dane 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 Shorewood Hills
What is the average mortgage payment in Shorewood Hills?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Shorewood Hills, WI is $4,000 or more a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Shorewood Hills?
Owners without a mortgage in Shorewood Hills pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Shorewood Hills village, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Shorewood Hills village, Wisconsin
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Shorewood Hills village, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Shorewood Hills village, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Shorewood Hills village, 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 Shorewood Hills village, Wisconsin (place:73750, 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
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- Renters and owners in Shorewood Hills
- Income and affordability in Shorewood Hills
- Home values in Shorewood Hills
- Property taxes in Shorewood Hills
- Types of homes in Shorewood Hills
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- Age of homes in Shorewood Hills
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- Crime reported to police in Shorewood Hills
- Population growth in Shorewood Hills
- How long people stay in Shorewood Hills
- Wisconsin landlord and tenant rules
- Housing across Dane County
- Housing data for every place in Wisconsin