How much do homeowners pay a month in the Town of Richwood, WI?
Homeowners with a mortgage in the Town of Richwood, WI pay a median of $1,298 (±$244) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $668 (±$69).
44.1% of owned homes carry a mortgage.
In the Town of Richwood, the median monthly cost with a mortgage went from $1,348 in 2015–2019 to $1,298 in 2020–2024 (−3.7%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,298 (±$244)
- Without a mortgage
- $668 (±$69)
- Owned with a mortgage
- 44.1%
Monthly owner costs in the Town of Richwood
| Town of Richwood | Richland County | Wisconsin | United States | |
|---|---|---|---|---|
| With a mortgage | $1,298 (±$244) | $1,385 (±$53) | $1,689 (±$5) | $1,963 |
| Without a mortgage | $668 (±$69) | $578 (±$16) | $659 (±$3) | $638 |
| Owned homes with a mortgage | 44.1% (±11.4 points) | 50.6% (±2.6 points) | 61.1% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,898 (±$579) | $2,735 (±$85) | $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 Richwood, the median cost with a mortgage is not measurably different from Richland County ($1,385).
It is also lower than in Wisconsin ($1,689).
It is lower than the national figure ($1,963).
In Richland County, the Town of Richwood ranks 18 of 21 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1478 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 Richwood have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,348 (±$147) | $1,298 (±$244) | −3.7% | Down after inflation |
| Median real estate taxes | $2,841 (±$457) | $2,898 (±$579) | +2.0% | No measurable change after inflation |
| Median home value | $162,100 (±$10,837) | $223,300 (±$85,838) | +37.8% | 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 Richwood
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Town of Richwood | — | $1,298 (±$244) | — |
| Blue River | 4.7 mi | $994 (±$149) | Lower |
| Town of Scott (Crawford County) | 5.6 mi | $1,228 (±$353) | Not measurably different |
| Town of Watterstown | 6.1 mi | $1,580 (±$142) | Not measurably different |
| Town of Akan | 6.3 mi | $1,386 (±$267) | Not measurably different |
| Town of Eagle (Richland County) | 6.3 mi | $1,656 (±$123) | Higher |
| Boaz | 7.3 mi | $1,500 (±$771) | Not measurably different |
| Boscobel | 8.2 mi | $1,186 (±$59) | Not measurably different |
| Town of Boscobel | 8.3 mi | $1,092 (±$198) | Not measurably different |
Nearby places with a measurably lower figure: Blue River, WI ($994).
Nearby places with a measurably higher figure: Town of Eagle (Richland County), WI ($1,656).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Richland County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 12 | Town of Forest (Richland County) | $1,444 (±$266) |
| 13 | Cazenovia | $1,417 (±$169) |
| 14 | Town of Bloom | $1,388 (±$189) |
| 15 | Town of Akan | $1,386 (±$267) |
| 16 | Town of Buena Vista (Richland County) | $1,346 (±$142) |
| 17 | Richland Center | $1,300 (±$127) |
| 18 | Town of Richwood | $1,298 (±$244) |
| 19 | Town of Sylvan | $1,194 (±$164) |
| 20 | Lone Rock | $1,154 (±$78) |
| 21 | Viola | $1,075 (±$50) |
Showing 10 of 21 places in Richland 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 Richwood
What is the average mortgage payment in the Town of Richwood?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Richwood, WI is $1,298 (±$244) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in the Town of Richwood?
Owners without a mortgage in the Town of Richwood pay a median of $668 (±$69) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in the Town of Richwood gone up?
In the Town of Richwood, the median monthly cost with a mortgage went from $1,348 in 2015–2019 to $1,298 in 2020–2024 (−3.7%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richwood town, Richland County, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Richwood town, Richland County, Wisconsin
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Richwood town, Richland County, Wisconsin
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Richwood town, Richland County, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Richwood town, Richland 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 Richwood town, Richland County, Wisconsin (county subdivision:67775, in state:55 county:103).
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 Richwood at a glance
- Income and affordability in the Town of Richwood
- Home values in the Town of Richwood
- Property taxes in the Town of Richwood
- Types of homes in the Town of Richwood
- Bedrooms in the Town of Richwood
- Age of homes in the Town of Richwood
- Heating fuel in the Town of Richwood
- Commute and cars in the Town of Richwood
- Wisconsin landlord and tenant rules
- Housing across Richland County
- Housing data for every place in Wisconsin