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Cost of Living in Howard, WI

Population 21,087 · Census ACS 2020–2024 5-year estimates

Median rent$1,102
Median home value$315,700
Median household income$85,477

The median rent in Howard, WI is $1,102/month, about the same as the Wisconsin median and 22% lower than the U.S. median. The median home value is $315,700, 5% lower than the national median. Households earn a median of $85,477 a year, 10% higher than the state median.

Affordability

Rent as a share of median income: 15.5%
Income needed for median rent (30% rule): $44,080/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,596/mo

Run your own numbers: mortgage calculator · hourly to salary

Howard vs. Wisconsin vs. U.S.

HowardWisconsinU.S.
Median rent$1,102$1,087$1,413
Median home value$315,700$266,500$332,700
Median household income$85,477$77,485$80,734
Homeownership rate63.9%67.8%65.2%
Bachelor's degree or higher35.8%33.4%35.7%
Poverty rate5.1%10.6%12.5%
Unemployment rate2.5%3.2%5.2%
Work from home14.2%13.1%15.1%
Median age41.240.238.9

FAQ

What is the average rent in Howard, WI?

The median gross rent in Howard, WI is $1,102 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $44,080 a year in gross income.

Is Howard, WI expensive to live in?

Rent there is 22% 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

Northfield, MNRent $1,103 · Income $84,895Lebanon, OHRent $1,090 · Income $83,685North Royalton, OHRent $1,116 · Income $83,670Westfield, MARent $1,117 · Income $87,753Nixa, MORent $1,083 · Income $83,385Derby, KSRent $1,136 · Income $84,112

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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