Port Washington, WI

Below Avg · 81

Wisconsin · Population 12,569 · Updated March 2026

$1,021
Median Rent / Month
$81,582
Median Income
$276,000
Median Home Value
$1,251
Owner Costs / Month

Affordability

How far your income goes in Port Washington

15.0%
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

$12,252
Annual Rent
$6,241
State Income Tax
$4,444
Property Tax (est.)

Cost of Living Overview

Port Washington is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 81 (where 100 equals the national median), Port Washington residents can expect to pay median rent of $1,021/month while earning a median household income of $81,582/year.

The median home value in Port Washington, WI is $276,000, with typical monthly owner costs around $1,251 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.0% 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 Port Washington.

Frequently Asked Questions

Common questions about living costs in Port Washington

What is the cost of living in Port Washington, WI?
The cost of living index in Port Washington, WI is 81 (US average = 100). Median monthly rent is $1,021, median household income is $81,582/year, and the median home value is $276,000.
Is Port Washington, WI affordable?
Yes, Port Washington is more affordable than the national average with a cost index of 81. The rent-to-income ratio is 15.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Port Washington, WI?
The median gross rent in Port Washington, WI is $1,021 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,252.
What is the median household income in Port Washington?
The median household income in Port Washington, WI is $81,582 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%.