Stoughton, WI

Below Avg · 85

Wisconsin · Population 13,063 · Updated March 2026

$1,155
Median Rent / Month
$78,517
Median Income
$283,900
Median Home Value
$1,208
Owner Costs / Month

Affordability

How far your income goes in Stoughton

17.7%
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

$13,860
Annual Rent
$6,007
State Income Tax
$4,571
Property Tax (est.)

Cost of Living Overview

Stoughton offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 85 (where 100 equals the national median), Stoughton residents can expect to pay median rent of $1,155/month while earning a median household income of $78,517/year.

The median home value in Stoughton, WI is $283,900, with typical monthly owner costs around $1,208 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.7% 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 Stoughton.

Frequently Asked Questions

Common questions about living costs in Stoughton

What is the cost of living in Stoughton, WI?
The cost of living index in Stoughton, WI is 85 (US average = 100). Median monthly rent is $1,155, median household income is $78,517/year, and the median home value is $283,900.
Is Stoughton, WI affordable?
Yes, Stoughton is more affordable than the national average with a cost index of 85. The rent-to-income ratio is 17.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Stoughton, WI?
The median gross rent in Stoughton, WI is $1,155 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,860.
What is the median household income in Stoughton?
The median household income in Stoughton, WI is $78,517 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%.