Vilas County, WI real estate

What the numbers say

Vilas County, WI real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Vilas County pay a median of $2,197 a year in property taxes on a median home value of $300,000, an effective rate of about 0.73%. The Wisconsin average is 1.42%, which makes Vilas County the #1 lowest-tax of 72 counties in the state with published tax data.

Renters pay a median of $847 a month, and $936 for a two-bedroom. At today's prices a typical home costs about 30 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $300,000 home here comes to about $1,944 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $83,000 a year (the median household here earns $68,431).