Mequon, WI

Very High · 152

Wisconsin · Population 25,259 · Updated March 2026

$2,271
Median Rent / Month
$147,391
Median Income
$485,300
Median Home Value
$1,945
Owner Costs / Month

Affordability

How far your income goes in Mequon

18.5%
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

$27,252
Annual Rent
$11,275
State Income Tax
$7,813
Property Tax (est.)

Cost of Living Overview

Mequon has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 152 (where 100 equals the national median), Mequon residents can expect to pay median rent of $2,271/month while earning a median household income of $147,391/year.

The median home value in Mequon, WI is $485,300, with typical monthly owner costs around $1,945 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.5% 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 Mequon.

Frequently Asked Questions

Common questions about living costs in Mequon

What is the cost of living in Mequon, WI?
The cost of living index in Mequon, WI is 152 (US average = 100). Median monthly rent is $2,271, median household income is $147,391/year, and the median home value is $485,300.
Is Mequon, WI affordable?
No, Mequon is more expensive than the national average with a cost index of 152. The rent-to-income ratio is 18.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Mequon, WI?
The median gross rent in Mequon, WI is $2,271 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $27,252.
What is the median household income in Mequon?
The median household income in Mequon, WI is $147,391 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%.