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McFarland

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

Median Home$382,578
Median Rent$1,544/month
Population9,155
Leading IndustriesArts, Food & Hospitality · Healthcare · Education12% arts, food & hospitality
Home Value Growth⬆⬆+18.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners75% of occupied units
NotableHighly Educated32% bachelor's · 12% graduate · top 6% nationally
NotableHigh Incomes$102k/year · top 16% nationally
McFarland
WI

Frequently Asked Questions

What are today's mortgage rates in McFarland?

As of today, the 30-year fixed mortgage rate for McFarland is approximately 6.882% (6.918% 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 McFarland?

The median home value in McFarland is $383k. The median monthly rent is $1,544. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McFarland?

Home values in McFarland have increased 18.3% 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 McFarland?

Based on a typical all-in ownership cost of $1,643/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McFarland is $102k/year.

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What industries drive the economy in McFarland?

The largest employment sectors in McFarland are public administration (21%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.