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Cedar Grove

Learn about the people, housing, costs and businesses in Cedar Grove, Wisconsin

Median Home$260,517
Median Rent$993/month
Population2,136
Leading IndustriesRetail · Transportation25% retail
Home Value Growth⬆⬆+17.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners91% of occupied units
NotableHigh Incomes$88k/year · top 27% nationally
Cedar Grove
WI

Frequently Asked Questions

What are today's mortgage rates in Cedar Grove?

As of today, the 30-year fixed mortgage rate for Cedar Grove is approximately 6.943% (6.981% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cedar Grove?

The median home value in Cedar Grove is $261k. The median monthly rent is $993. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cedar Grove?

Home values in Cedar Grove have increased 17.3% 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 Cedar Grove?

Based on a typical all-in ownership cost of $1,285/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cedar Grove is $88k/year.

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What industries drive the economy in Cedar Grove?

The largest employment sectors in Cedar Grove are retail (25%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.