Eau Claire, WI mortgage & affordability calculator
The typical home in Eau Claire, WI is worth about $270,000.
With 20% down that's a loan near $216,000 — the calculator
is pre-filled with that figure. Eau Claire sits at the confluence of the Chippewa and Eau Claire rivers and has drawn steady growth from both UW-Eau Claire and remote workers commuting occasionally to the Twin Cities, ninety minutes west. Wisconsin's above-average property tax rate applies here as it does statewide.
$1,402.41 / month
Total interest
$288,865
Total paid
$504,865
Payoff
30.0 years
How much you need to earn
Eau Claire, WI's median household income is about
$62,000 a year. Under standard 28/36
lending rules that supports a home price around
$201,860 with 20% down —
below the $270,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Eau Claire, WI is about $1,150 a month, so owning the median home costs roughly
$739 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Eau Claire, WI?
On the metro's roughly $270,000 typical home with 20% down, the loan is about $216,000. Principal and interest run near $1,402 a month at today's rate, and Eau Claire, WI's property tax plus insurance add about $487, for a full payment near $1,889.
Can I afford a home in Eau Claire, WI on the median income?
The median household income is about $62,000 a year. Under standard 28/36 lending rules that supports a home price around $201,860 with 20% down — below the $270,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Eau Claire, WI?
Typical asking rent is about $1,150 a month. The full owner payment on a median home is near $1,889, so owning costs roughly $739 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Eau Claire, WI?
The effective property tax rate in the core county is about 1.70% of market value — roughly $4,590 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Eau Claire, WI rising or falling?
Home values are up about 4% over the past year. Eau Claire sits at the confluence of the Chippewa and Eau Claire rivers and has drawn steady growth from both UW-Eau Claire and remote workers commuting occasionally to the Twin Cities, ninety minutes west. Wisconsin's above-average property tax rate applies here as it does statewide.