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New Glarus

Learn about the people, housing, costs and businesses in New Glarus, Wisconsin

Median Home$342,800
Median Rent$1,011/month
Population2,268
Leading IndustriesFinance & Insurance · Wholesale Trade · Information & Media9% finance & insurance
Home Value Growth⬆⬆+17.2% over 2 years
Young Adults33% of residentswell above average
Homeowners84% of occupied units
NotableHigh Incomes$106k/year · top 14% nationally
New Glarus
WI

Frequently Asked Questions

What are today's mortgage rates in New Glarus?

As of today, the 30-year fixed mortgage rate for New Glarus is approximately 6.860% (6.895% 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 New Glarus?

The median home value in New Glarus is $343k. The median monthly rent is $1,011. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Glarus?

Home values in New Glarus have increased 17.2% 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 New Glarus?

Based on a typical all-in ownership cost of $1,525/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Glarus is $106k/year.

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What industries drive the economy in New Glarus?

The largest employment sectors in New Glarus are public administration (18%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.