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Cost of Living in Germantown, WI

Population 20,962 · Census ACS 2020–2024 5-year estimates

Median rent$1,355
Median home value$373,600
Median household income$100,231

The median rent in Germantown, WI is $1,355/month, 25% higher than the Wisconsin median and 4% lower than the U.S. median. The median home value is $373,600, 12% higher than the national median. Households earn a median of $100,231 a year, 29% higher than the state median.

Affordability

Rent as a share of median income: 16.2%
Income needed for median rent (30% rule): $54,200/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,889/mo

Run your own numbers: mortgage calculator · hourly to salary

Germantown vs. Wisconsin vs. U.S.

GermantownWisconsinU.S.
Median rent$1,355$1,087$1,413
Median home value$373,600$266,500$332,700
Median household income$100,231$77,485$80,734
Homeownership rate77.2%67.8%65.2%
Bachelor's degree or higher47.4%33.4%35.7%
Poverty rate4.9%10.6%12.5%
Unemployment rate2.1%3.2%5.2%
Work from home19.0%13.1%15.1%
Median age44.140.238.9

FAQ

What is the average rent in Germantown, WI?

The median gross rent in Germantown, WI is $1,355 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Germantown, WI?

Using the common 30% rule, renting a median-priced home takes about $54,200 a year in gross income.

Is Germantown, WI expensive to live in?

Rent there is 4% lower than the U.S. median, and the median home costs about 3.7 times the median household income.

Other cities in Wisconsin

Milwaukee, WIRent $1,059 · Income $54,234Madison, WIRent $1,413 · Income $78,050Green Bay, WIRent $932 · Income $66,206Kenosha, WIRent $1,186 · Income $71,239Racine, WIRent $1,033 · Income $57,740Appleton, WIRent $1,030 · Income $80,483

Cities with a similar cost of living

Royal Oak, MIRent $1,381 · Income $101,109Waukee, IARent $1,383 · Income $101,029Deer Park, TXRent $1,318 · Income $100,382Edmond, OKRent $1,344 · Income $103,183Arbutus, MDRent $1,318 · Income $99,090Pueblo West, CORent $1,345 · Income $96,810

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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