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Rib Lake

Learn about the people, housing, costs and businesses in Rib Lake, Wisconsin

Median Home$182,000
Median Rent$748/month
Population931
Leading IndustriesRetail · Construction · Agriculture & Mining29% retail
Home Value Growth⬆⬆⬆+21.8% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners84% of occupied units
NotableTransit82/100 · excellent transit access
Rib Lake
WI

Frequently Asked Questions

What are today's mortgage rates in Rib Lake?

As of today, the 30-year fixed mortgage rate for Rib Lake is approximately 7.012% (7.056% 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 Rib Lake?

The median home value in Rib Lake is $182k. The median monthly rent is $748. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rib Lake?

Home values in Rib Lake have increased 21.8% 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 Rib Lake?

Based on a typical all-in ownership cost of $842/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rib Lake is $66k/year.

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What industries drive the economy in Rib Lake?

The largest employment sectors in Rib Lake are retail (29%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.