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Lake Mills, WI

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
69
Very Affordable
Median Home Value
$282,400
National: $426,735
Median Rent
$1,095/mo
National: $1,527/mo
Household Income
$87,039
National: $84,532
Population
6,391
Purchasing Power
149
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
66 / 100
100 = national average
Rent Index
72 / 100
Overall Index
69
Very Affordable

Lake Mills Mortgage Calculator

Pre-filled with the local median home value of $282,400 and Wisconsin's property tax rate of 1.76%.

Salary & Purchasing Power

Median household income is $87,039 3% above the national average.

What $87,039 in Lake Mills Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$190,477+119%
Los Angeles, CA$214,444+146%
Philadelphia, PA$85,778-1%
San Antonio, TX$80,732-7%

Property Tax in Lake Mills, WI

Est. Annual Property Tax
$4,970
Monthly Impact
$414
Added to your mortgage
Effective Rate
1.76%
National avg: ~1.00%

Wisconsin Tax Overview

Tax TypeWisconsinNational Avg
Property Tax Rate1.76%1.00%
Top Income Tax Rate7.65%~5.0%
State Sales Tax5.44%~5.0%

Compare Lake Mills to Another City

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Cost of Living Comparison

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Lake Mills, WI
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Lake Mills, WI: 66
Rent Prices
72
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR