Income needed to buy a home
Oconto County, WI
$106,570
a year in household income to buy the typical Oconto County home with 10% down.
The monthly math
Typical home value$311,586
Down payment (10%)$31,159
Loan$280,427
Principal and interest (7.40%)$1,942/mo
Property tax (1.05% a year)$272/mo
Homeowners insurance (estimate)$156/mo
Mortgage insurance$117/mo
Total monthly cost$2,487/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
A stretch
The typical household here earns $75,049 a year, 70% of what it takes.
In Wisconsin
Oconto County ranks #39 of 72 for the income a home takes, from least to most.
Easiest to afford in Wisconsin
| County | Typical home | Income needed |
|---|---|---|
| Ashland County | $187,072 | $65,647 |
| Florence County | $199,811 | $69,775 |
| Iron County | $216,800 | $73,617 |
| Marinette County | $218,557 | $75,213 |
| Rusk County | $220,846 | $75,369 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.