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Elk Mound

Learn about the people, housing, costs and businesses in Elk Mound, Wisconsin

Median Home$271,400
Median Rent$1,144/month
Population992
Leading IndustriesRetail · Information & Media · Construction18% retail
Home Value Growth⬆⬆+14.7% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners81% of occupied units
NotableHigh Incomes$93k/year · top 22% nationally
Elk Mound
WI

Frequently Asked Questions

What are today's mortgage rates in Elk Mound?

As of today, the 30-year fixed mortgage rate for Elk Mound is approximately 6.975% (7.014% 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 Elk Mound?

The median home value in Elk Mound is $271k. The median monthly rent is $1,144. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elk Mound?

Home values in Elk Mound have increased 14.7% 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 Elk Mound?

Based on a typical all-in ownership cost of $1,256/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elk Mound is $93k/year.

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What industries drive the economy in Elk Mound?

The largest employment sectors in Elk Mound are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.