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Grafton

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

Median Home$317,923
Median Rent$1,232/month
Population11,901
Leading IndustriesProfessional Services · Finance & Insurance · Information & Media3% professional services
Home Value Growth⬆⬆⬆+25.3% over 2 years
Young Adults27% of residentsnear the national average
Homeowners62% of occupied units
NotableAmenity Score76/100 · highly walkable area
Grafton
WI

Frequently Asked Questions

What are today's mortgage rates in Grafton?

As of today, the 30-year fixed mortgage rate for Grafton is approximately 6.830% (6.864% 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 Grafton?

The median home value in Grafton is $318k. The median monthly rent is $1,232. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grafton?

Home values in Grafton have increased 25.3% 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 Grafton?

Based on a typical all-in ownership cost of $1,383/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grafton is $83k/year.

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What industries drive the economy in Grafton?

The largest employment sectors in Grafton are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.