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Delavan

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

Median Home$225,505
Median Rent$1,137/month
Population8,783
Leading IndustriesRetail · Transportation · Manufacturing21% retail
Home Value Growth⬆⬆⬆+23.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners60% of occupied units
NotableAmenity Score80/100 · highly walkable area
Delavan
WI

Frequently Asked Questions

What are today's mortgage rates in Delavan?

As of today, the 30-year fixed mortgage rate for Delavan is approximately 6.999% (7.039% 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 Delavan?

The median home value in Delavan is $226k. The median monthly rent is $1,137. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Delavan?

Home values in Delavan have increased 23.6% 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 Delavan?

Based on a typical all-in ownership cost of $1,129/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Delavan is $69k/year.

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What industries drive the economy in Delavan?

The largest employment sectors in Delavan are retail (21%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.