Marshfield, WI

Very Low · 56

Wisconsin · Population 18,718 · Updated March 2026

$798
Median Rent / Month
$59,294
Median Income
$169,900
Median Home Value
$801
Owner Costs / Month

Affordability

How far your income goes in Marshfield

16.2%
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

$9,576
Annual Rent
$4,536
State Income Tax
$2,735
Property Tax (est.)

Cost of Living Overview

Marshfield is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 56 (where 100 equals the national median), Marshfield residents can expect to pay median rent of $798/month while earning a median household income of $59,294/year.

The median home value in Marshfield, WI is $169,900, with typical monthly owner costs around $801 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.2% 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 Marshfield.

Frequently Asked Questions

Common questions about living costs in Marshfield

What is the cost of living in Marshfield, WI?
The cost of living index in Marshfield, WI is 56 (US average = 100). Median monthly rent is $798, median household income is $59,294/year, and the median home value is $169,900.
Is Marshfield, WI affordable?
Yes, Marshfield is more affordable than the national average with a cost index of 56. The rent-to-income ratio is 16.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Marshfield, WI?
The median gross rent in Marshfield, WI is $798 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,576.
What is the median household income in Marshfield?
The median household income in Marshfield, WI is $59,294 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%.