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Iron County Housing Market

Wisconsin · 72 counties · Ranked #1243 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$155,200

vs national$155,200 vs $281,900 national

Median Gross Rent

$640/mo

vs national$640 vs $1,163 national

Effective Tax Rate

1.15%

vs national+1.15% vs 1.02% national

Median Household Income

$59,058

vs national$59,058 vs $74,755 national

Affordability Ratio

2.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,777

Tax as % of Home Value

1.14%

Monthly Owner Cost

$738

Renter Income

$22,241

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Mortgage

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Iron County?

The median home value in Iron County is $155,200. This is below the national median of $281,900.

How much is rent in Iron County?

The median gross rent in Iron County is $640 per month.

What is the property tax rate in Iron County?

The effective property tax rate in Iron County is 1.15%. The median annual property tax bill is $1,777.

Is Iron County affordable?

With a home-value-to-income ratio of 2.6x, Iron County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.