Reedsburg, WI

Very Low · 69

Wisconsin · Population 10,060 · Updated March 2026

$944
Median Rent / Month
$71,991
Median Income
$218,300
Median Home Value
$1,002
Owner Costs / Month

Affordability

How far your income goes in Reedsburg

15.7%
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

$11,328
Annual Rent
$5,507
State Income Tax
$3,515
Property Tax (est.)

Cost of Living Overview

Reedsburg is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 69 (where 100 equals the national median), Reedsburg residents can expect to pay median rent of $944/month while earning a median household income of $71,991/year.

The median home value in Reedsburg, WI is $218,300, with typical monthly owner costs around $1,002 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.7% 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 Reedsburg.

Frequently Asked Questions

Common questions about living costs in Reedsburg

What is the cost of living in Reedsburg, WI?
The cost of living index in Reedsburg, WI is 69 (US average = 100). Median monthly rent is $944, median household income is $71,991/year, and the median home value is $218,300.
Is Reedsburg, WI affordable?
Yes, Reedsburg is more affordable than the national average with a cost index of 69. The rent-to-income ratio is 15.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Reedsburg, WI?
The median gross rent in Reedsburg, WI is $944 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,328.
What is the median household income in Reedsburg?
The median household income in Reedsburg, WI is $71,991 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%.