How much do homeowners pay a month in the Town of Grand Rapids, WI?
Homeowners with a mortgage in the Town of Grand Rapids, WI pay a median of $1,477 (±$142) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $470 (±$25).
59.1% of owned homes carry a mortgage.
In the Town of Grand Rapids, the median monthly cost with a mortgage went from $1,140 in 2015–2019 to $1,477 in 2020–2024 (+29.6%).
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
- $1,477 (±$142)
- Without a mortgage
- $470 (±$25)
- Owned with a mortgage
- 59.1%
Monthly owner costs in the Town of Grand Rapids
| Town of Grand Rapids | Wood County | Wisconsin | United States | |
|---|---|---|---|---|
| With a mortgage | $1,477 (±$142) | $1,331 (±$35) | $1,689 (±$5) | $1,963 |
| Without a mortgage | $470 (±$25) | $522 (±$15) | $659 (±$3) | $638 |
| Owned homes with a mortgage | 59.1% (±6.9 points) | 54.5% (±1.9 points) | 61.1% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,077 (±$307) | $2,697 (±$47) | $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 the Town of Grand Rapids, the median cost with a mortgage is not measurably different from Wood County ($1,331).
It is also lower than in Wisconsin ($1,689).
It is lower than the national figure ($1,963).
In Wood County, the Town of Grand Rapids ranks 15 of 34 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1121 of 1,845.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in the Town of Grand Rapids have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,140 (±$82) | $1,477 (±$142) | +29.6% | No measurable change after inflation |
| Median real estate taxes | $2,648 (±$114) | $3,077 (±$307) | +16.2% | No measurable change after inflation |
| Median home value | $152,600 (±$8,821) | $223,500 (±$17,156) | +46.5% | 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 the Town of Grand Rapids
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Town of Grand Rapids | — | $1,477 (±$142) | — |
| Biron | 3.4 mi | $1,277 (±$265) | Not measurably different |
| Wisconsin Rapids | 3.7 mi | $1,220 (±$91) | Lower |
| Port Edwards | 5.0 mi | $1,309 (±$122) | Not measurably different |
| Town of Grant (Portage County) | 5.9 mi | $1,305 (±$171) | Not measurably different |
| Town of Rudolph | 6.7 mi | $1,359 (±$293) | Not measurably different |
| Town of Saratoga | 6.9 mi | $1,105 (±$79) | Lower |
| Rudolph | 8.5 mi | $1,076 (±$144) | Lower |
| Town of Linwood | 8.7 mi | $2,004 (±$198) | Higher |
Nearby places with a measurably lower figure: Wisconsin Rapids, WI ($1,220), Town of Saratoga, WI ($1,105), Rudolph, WI ($1,076).
Nearby places with a measurably higher figure: Town of Linwood, WI ($2,004).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Wood County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 9 | Hewitt | $1,617 (±$202) |
| 10 | Town of Arpin | $1,579 (±$69) |
| 11 | Town of Sigel (Wood County) | $1,558 (±$166) |
| 12 | Town of Wood | $1,536 (±$93) |
| 13 | Town of Auburndale | $1,516 (±$144) |
| 14 | Town of Remington | $1,507 (±$205) |
| 15 | Town of Grand Rapids | $1,477 (±$142) |
| 16 | Town of Hiles (Wood County) | $1,469 (±$304) |
| 17 | Town of Sherry | $1,449 (±$254) |
| 18 | Town of Dexter | $1,375 (±$177) |
| 19 | Town of Rudolph | $1,359 (±$293) |
| 20 | Marshfield | $1,315 (±$88) |
| 21 | Port Edwards | $1,309 (±$122) |
Showing 13 of 34 places in Wood County, ranked from highest to lowest.
The figures for the Town of Grand Rapids include the places inside it that have pages of their own: Lake Wazeecha.
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 Town of Grand Rapids
What is the average mortgage payment in the Town of Grand Rapids?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Grand Rapids, WI is $1,477 (±$142) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in the Town of Grand Rapids?
Owners without a mortgage in the Town of Grand Rapids pay a median of $470 (±$25) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in the Town of Grand Rapids gone up?
In the Town of Grand Rapids, the median monthly cost with a mortgage went from $1,140 in 2015–2019 to $1,477 in 2020–2024 (+29.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Grand Rapids town, Wood County, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Grand Rapids town, Wood County, Wisconsin
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Grand Rapids town, Wood County, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Grand Rapids town, Wood County, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Grand Rapids town, Wood County, 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 Grand Rapids town, Wood County, Wisconsin (county subdivision:30125, in state:55 county:141).
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 the Town of Grand Rapids at a glance
- Median rent in the Town of Grand Rapids
- Renters and owners in the Town of Grand Rapids
- Income and affordability in the Town of Grand Rapids
- Home values in the Town of Grand Rapids
- Property taxes in the Town of Grand Rapids
- Types of homes in the Town of Grand Rapids
- Bedrooms in the Town of Grand Rapids
- Age of homes in the Town of Grand Rapids
- Heating fuel in the Town of Grand Rapids
- Commute and cars in the Town of Grand Rapids
- Crime reported to police in the Town of Grand Rapids
- Population growth in the Town of Grand Rapids
- How long people stay in the Town of Grand Rapids
- Crowding and facilities in the Town of Grand Rapids
- Wisconsin landlord and tenant rules
- Housing across Wood County
- Housing data for every place in Wisconsin