Two Rivers, WI

Very Low · 49

Wisconsin · Population 11,224 · Updated March 2026

$756
Median Rent / Month
$58,716
Median Income
$121,800
Median Home Value
$774
Owner Costs / Month

Affordability

How far your income goes in Two Rivers

15.5%
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

$9,072
Annual Rent
$4,492
State Income Tax
$1,961
Property Tax (est.)

Cost of Living Overview

Two Rivers is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 49 (where 100 equals the national median), Two Rivers residents can expect to pay median rent of $756/month while earning a median household income of $58,716/year.

The median home value in Two Rivers, WI is $121,800, with typical monthly owner costs around $774 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.5% 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 Two Rivers.

Frequently Asked Questions

Common questions about living costs in Two Rivers

What is the cost of living in Two Rivers, WI?
The cost of living index in Two Rivers, WI is 49 (US average = 100). Median monthly rent is $756, median household income is $58,716/year, and the median home value is $121,800.
Is Two Rivers, WI affordable?
Yes, Two Rivers is more affordable than the national average with a cost index of 49. The rent-to-income ratio is 15.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Two Rivers, WI?
The median gross rent in Two Rivers, WI is $756 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,072.
What is the median household income in Two Rivers?
The median household income in Two Rivers, WI is $58,716 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%.