Cost of Living in Wood County, Wisconsin

$831/mo
Median Monthly Rent
$168,100
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$831/mo
7% below state average
Median Home Value
$168,100
40% below national
Rent-to-Income Ratio
25.0%
% 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 Wood County Compares

Median monthly rent comparison

Wood County$831/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$831/mo
Median Gross Rent
$168,100
Median Home Value
$838/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Wood County, Wisconsin

Wood County delivers rural affordability

Wood County's 15.0% rent-to-income ratio matches the national benchmark perfectly despite a median household income of $66,417—11% below the nation's average. The key: $831 monthly rents keep housing costs low enough to balance below-average earnings.

Wisconsin's most affordable ownership market

Wood County ranks among Wisconsin's best values, especially for homebuyers: with median owner costs of just $838/month and home values at $168,100, it's the state's most accessible ownership market. The 15.0% rent-to-income ratio matches state average despite modest incomes.

Cheapest homes, competitive rents

Wood County's $168,100 median home value is Wisconsin's lowest among these eight counties, while its $831 rent undercuts Winnebago ($924) and Walworth ($1,090). For ownership seekers, Wood is unbeatable; renters find better rates in Waushara and Washburn.

Homeownership is the clear win

Wood County homeowners spend just 15.1% of income on ownership versus renters at 15.0%—nearly identical, but ownership includes equity-building. With median home values at $168,100 and incomes at $66,417, first-time buyers have genuine opportunity here.

First-time buyers: Wood leads the way

Wood County is Wisconsin's most accessible homeownership market, combining the state's lowest median home value ($168,100) with modest ownership costs ($838/month). If building equity on a $66,000 income is your goal, Wood County is unmatched.

Affordability Calculator

See how your income compares to housing costs in Wood County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,550

per month

Owner Cost Burden

15.1%

of gross income

You can likely afford the median home in Wood County

Median home value is $168,100. Estimated monthly cost: $1,342 vs. your max of $1,550.

Rent Affordability Guide

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

Frequently Asked Questions

What is the cost of living in Wood County, Wisconsin?
Wood County, Wisconsin has a median monthly rent of $831/mo and a median home value of $168,100. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Wood County?
The median gross rent in Wood County is $831/mo. This is 7% below state average for Wisconsin.
Is Wood County affordable?
Wood County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wood County's rent compare to the state average?
Wood County's median rent of $831/mo is 7% below state average of $891/mo for Wisconsin.
What is the median home value in Wood County?
The median home value in Wood County, Wisconsin is $168,100. This is 40% 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.