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These days, finding an affordable place to live in the Butternut area can be challenging. Home prices in Butternut are now at a median cost of $180,016, lower than the Wisconsin average of $280,373.
The average cost of rent is $739/mo in Butternut, primarily driven by the current value of real estate in the Butternut area. In Butternut, 14.25% of households rent, and 53.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Butternut is $5,936 per month. Households that rent pay about 12.45% of their income on rent here. Butternut’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Park Falls, WI: less expensive homes
- Glidden, WI: less expensive homes
- Shanagolden, WI: higher priced homes
- Fifield, WI: equally priced homes
- Springstead, WI: higher priced homes
- Phillips, WI: equally priced homes
- Mercer, WI: higher priced homes
- Mellen, WI: less expensive homes
- Clam Lake, WI: higher priced homes
- Morse, WI: less expensive homes
Cities with Similar Populations
- Sparland, IL: less expensive homes
- Coalport, PA: less expensive homes
- Colmesneil, TX: less expensive homes
- Corinne, UT: higher priced homes
- Cumby, TX: equally priced homes
- DePew, OK: equally priced homes
- Kuhn Station, IL: higher priced homes
- Milan, NH: higher priced homes
- Rushsylvania, OH: equally priced homes
- Simmons, TX: higher priced homes
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