Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Alma

Learn about the people, housing, costs and businesses in Alma, Wisconsin

Median Home$201,503
Median Rent$780/month
Population762
Leading IndustriesConstruction · Agriculture & Mining · Retail10% construction
Home Value Growth⬆⬆+18.8% over 2 years
Retirees28% of residentswell above average
Homeowners77% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Alma
WI

Frequently Asked Questions

What are today's mortgage rates in Alma?

As of today, the 30-year fixed mortgage rate for Alma is approximately 7.071% (7.113% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Alma
What is the median home price in Alma?

The median home value in Alma is $202k. The median monthly rent is $780. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alma?

Home values in Alma have increased 18.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alma?

Based on a typical all-in ownership cost of $929/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alma is $71k/year.

Calculate your buying power
What industries drive the economy in Alma?

The largest employment sectors in Alma are public administration (24%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.