Howard, WI

Below Avg · 82

Wisconsin · Population 20,261 · Updated March 2026

$1,053
Median Rent / Month
$84,896
Median Income
$286,200
Median Home Value
$1,167
Owner Costs / Month

Affordability

How far your income goes in Howard

14.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Wisconsin

State-level tax rates that affect your costs

7.65%
Income Tax (Top Rate)
5.0%
Sales Tax
1.61%
Property Tax Rate

Estimated Annual Costs

$12,636
Annual Rent
$6,495
State Income Tax
$4,608
Property Tax (est.)

Cost of Living Overview

Howard is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 82 (where 100 equals the national median), Howard residents can expect to pay median rent of $1,053/month while earning a median household income of $84,896/year.

The median home value in Howard, WI is $286,200, with typical monthly owner costs around $1,167 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Wisconsin has a moderate income tax rate of 7.65%. Combined with a 5.0% sales tax rate and 1.61% effective property tax rate, the overall tax environment is a factor in the total cost of living in Howard.

Frequently Asked Questions

Common questions about living costs in Howard

What is the cost of living in Howard, WI?
The cost of living index in Howard, WI is 82 (US average = 100). Median monthly rent is $1,053, median household income is $84,896/year, and the median home value is $286,200.
Is Howard, WI affordable?
Yes, Howard is more affordable than the national average with a cost index of 82. The rent-to-income ratio is 14.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Howard, WI?
The median gross rent in Howard, WI is $1,053 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,636.
What is the median household income in Howard?
The median household income in Howard, WI is $84,896 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Wisconsin?
Wisconsin has a top income tax rate of 7.65%, a sales tax of 5.0%, and an effective property tax rate of 1.61%.