Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Elmwood

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

Median Home$199,500
Median Rent$841/month
Population804
Leading IndustriesManufacturing · Information & Media1% manufacturing
Home Value Growth+5.1% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners83% of occupied units
Elmwood
WI

Frequently Asked Questions

What are today's mortgage rates in Elmwood?

As of today, the 30-year fixed mortgage rate for Elmwood 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.

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

The median home value in Elmwood is $200k. The median monthly rent is $841. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elmwood?

Home values in Elmwood have increased 5.1% over the past two years. This represents moderate growth. 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 Elmwood?

Based on a typical all-in ownership cost of $1,125/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 Elmwood is $79k/year.

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

The largest employment sectors in Elmwood are public administration (18%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.