How much do homeowners pay a month in the Town of Lima (Grant County), WI?
Homeowners with a mortgage in the Town of Lima (Grant County), WI pay a median of $2,074 (±$240) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $634 (±$68).
54.2% of owned homes carry a mortgage.
In the Town of Lima (Grant County), the median monthly cost with a mortgage went from $1,925 in 2015–2019 to $2,074 in 2020–2024 (+7.7%).
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
- $2,074 (±$240)
- Without a mortgage
- $634 (±$68)
- Owned with a mortgage
- 54.2%
Monthly owner costs in the Town of Lima (Grant County)
| Town of Lima (Grant County) | Grant County | Wisconsin | United States | |
|---|---|---|---|---|
| With a mortgage | $2,074 (±$240) | $1,495 (±$42) | $1,689 (±$5) | $1,963 |
| Without a mortgage | $634 (±$68) | $582 (±$14) | $659 (±$3) | $638 |
| Owned homes with a mortgage | 54.2% (±7.4 points) | 52.6% (±1.7 points) | 61.1% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,500 (±$526) | $2,729 (±$69) | $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 Lima (Grant County), the median cost with a mortgage is higher than in Grant County ($1,495).
It is also higher than in Wisconsin ($1,689).
It is not measurably different from the national figure ($1,963).
In Grant County, the Town of Lima (Grant County) ranks 4 of 52 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 199 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 Lima (Grant County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,925 (±$214) | $2,074 (±$240) | +7.7% | No measurable change after inflation |
| Median real estate taxes | $3,372 (±$375) | $3,500 (±$526) | +3.8% | No measurable change after inflation |
| Median home value | $258,300 (±$24,092) | $289,300 (±$42,920) | +12.0% | 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 the Town of Lima (Grant County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Town of Lima (Grant County) | — | $2,074 (±$240) | — |
| Rewey | 5.0 mi | $1,037 (±$87) | Lower |
| Town of Clifton (Grant County) | 5.7 mi | $1,558 (±$472) | Not measurably different |
| Town of Ellenboro | 5.9 mi | $1,764 (±$104) | Lower |
| Platteville | 6.2 mi | $1,588 (±$237) | Lower |
| Livingston | 6.5 mi | $1,182 (±$78) | Lower |
| Town of Belmont (Lafayette County) | 6.7 mi | $1,813 (±$352) | Not measurably different |
| Town of Mifflin | 7.3 mi | $1,391 (±$510) | Lower |
| Town of Platteville | 7.9 mi | $1,923 (±$326) | Not measurably different |
Nearby places with a measurably lower figure: Rewey, WI ($1,037), Town of Ellenboro, WI ($1,764), Platteville, WI ($1,588).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Grant County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Town of Paris (Grant County) | $2,190 (±$378) |
| 2 | Town of Waterloo (Grant County) | $2,179 (±$300) |
| 3 | Town of Mount Ida | $2,091 (±$426) |
| 4 | Town of Lima (Grant County) | $2,074 (±$240) |
| 5 | Town of Hazel Green | $2,044 (±$290) |
| 6 | Town of Marion (Grant County) | $2,038 (±$621) |
| 7 | Town of Woodman | $1,938 (±$236) |
| 8 | Town of Platteville | $1,923 (±$326) |
| 9 | Town of Hickory Grove | $1,922 (±$399) |
| 10 | Town of Little Grant | $1,911 (±$258) |
Showing 10 of 52 places in Grant 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 Town of Lima (Grant County)
What is the average mortgage payment in the Town of Lima (Grant County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Lima (Grant County), WI is $2,074 (±$240) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in the Town of Lima (Grant County)?
Owners without a mortgage in the Town of Lima (Grant County) pay a median of $634 (±$68) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in the Town of Lima (Grant County) gone up?
In the Town of Lima (Grant County), the median monthly cost with a mortgage went from $1,925 in 2015–2019 to $2,074 in 2020–2024 (+7.7%).
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 — Lima town, Grant County, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lima town, Grant County, Wisconsin
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lima town, Grant County, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lima town, Grant County, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lima town, Grant 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 Lima town, Grant County, Wisconsin (county subdivision:44050, in state:55 county:043).
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 Lima (Grant County) at a glance
- Income and affordability in the Town of Lima (Grant County)
- Home values in the Town of Lima (Grant County)
- Property taxes in the Town of Lima (Grant County)
- Types of homes in the Town of Lima (Grant County)
- Bedrooms in the Town of Lima (Grant County)
- Age of homes in the Town of Lima (Grant County)
- Heating fuel in the Town of Lima (Grant County)
- Commute and cars in the Town of Lima (Grant County)
- How long people stay in the Town of Lima (Grant County)
- Wisconsin landlord and tenant rules
- Housing across Grant County
- Housing data for every place in Wisconsin