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

Median selected monthly owner costs, estimate (90% margin of error)
Town of Grand RapidsWood CountyWisconsinUnited 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 mortgage59.1% (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
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

Nearest places with a published estimate, compared with the Town of Grand Rapids
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Town of Grand Rapids—$1,477 (±$142)—
Biron3.4 mi$1,277 (±$265)Not measurably different
Wisconsin Rapids3.7 mi$1,220 (±$91)Lower
Port Edwards5.0 mi$1,309 (±$122)Not measurably different
Town of Grant (Portage County)5.9 mi$1,305 (±$171)Not measurably different
Town of Rudolph6.7 mi$1,359 (±$293)Not measurably different
Town of Saratoga6.9 mi$1,105 (±$79)Lower
Rudolph8.5 mi$1,076 (±$144)Lower
Town of Linwood8.7 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

RankPlaceMedian monthly cost with a mortgage
9Hewitt$1,617 (±$202)
10Town of Arpin$1,579 (±$69)
11Town of Sigel (Wood County)$1,558 (±$166)
12Town of Wood$1,536 (±$93)
13Town of Auburndale$1,516 (±$144)
14Town of Remington$1,507 (±$205)
15Town of Grand Rapids$1,477 (±$142)
16Town of Hiles (Wood County)$1,469 (±$304)
17Town of Sherry$1,449 (±$254)
18Town of Dexter$1,375 (±$177)
19Town of Rudolph$1,359 (±$293)
20Marshfield$1,315 (±$88)
21Port 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

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.

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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