Cost of Living in Polk County, Wisconsin

$958/mo
Median Monthly Rent
$241,200
Median Home Value
8% above state averageUnaffordable

At a Glance

Median Monthly Rent
$958/mo
8% above state average
Median Home Value
$241,200
14% below national
Rent-to-Income Ratio
23.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Polk County Compares

Median monthly rent comparison

Polk County$958/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$958/mo
Median Gross Rent
$241,200
Median Home Value
$1,144/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Polk County, Wisconsin

Polk rents slightly above national comfort zone

Polk County residents spend 15.1% of household income on rent, slightly higher than the national recommendation of 14%. With a median household income of $76,208—just 1.9% above the U.S. average—renters here face modest affordability pressure.

Polk ranks middle of Wisconsin pack

At 15.1%, Polk's rent-to-income ratio sits just above Wisconsin's state average of 14.9%, placing it in the midrange among the state's 72 counties. Homeowners benefit from a median value of $241,200, offering solid wealth-building potential.

Slightly pricier than nearby Portage

Polk's median rent of $958/month runs $55 higher than neighboring Portage County ($903), though both counties maintain similar affordability ratios near the state average. Polk homeowners pay $118 more monthly than Portage ($1,144 vs. $1,026).

Housing takes 43% of renters' budgets

Renters in Polk spend $958/month on housing, while homeowners allocate $1,144/month for ownership costs. Combined with a median income of $76,208 annually, housing consumes roughly 15% of gross income for renters and 18% for homeowners.

Polk offers stability for budget-conscious movers

If you're comparing Wisconsin counties, Polk delivers above-average income ($76,208) with near-average housing costs—making it a balanced choice. Consider it if you value moderate affordability and a strong median home value of $241,200 for long-term investment.

Affordability Calculator

See how your income compares to housing costs in Polk County

$

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,778

per month

Owner Cost Burden

18.0%

of gross income

The median home in Polk County may be a stretch

Median home value is $241,200. Estimated monthly cost: $1,926 vs. your max of $1,778.

Rent Affordability Guide

Your rent-to-income ratio15.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Polk County, Wisconsin?
Polk County, Wisconsin has a median monthly rent of $958/mo and a median home value of $241,200. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Polk County?
The median gross rent in Polk County is $958/mo. This is 8% above state average for Wisconsin.
Is Polk County affordable?
Polk County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Polk County's rent compare to the state average?
Polk County's median rent of $958/mo is 8% above state average of $891/mo for Wisconsin.
What is the median home value in Polk County?
The median home value in Polk County, Wisconsin is $241,200. This is 14% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.