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Laona

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

Median Home$178,914
Median Rent$607/month
Population557
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade8% construction
Home Value Growth⬆⬆+14.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners82% of occupied units
Laona
WI

Frequently Asked Questions

What are today's mortgage rates in Laona?

As of today, the 30-year fixed mortgage rate for Laona is approximately 7.009% (7.049% 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 Laona?

The median home value in Laona is $179k. The median monthly rent is $607. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laona?

Home values in Laona have increased 14.6% 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 Laona?

Based on a typical all-in ownership cost of $671/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Laona is $58k/year.

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What industries drive the economy in Laona?

The largest employment sectors in Laona are public administration (19%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.