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These days, finding an affordable place to live in the Washburn area can be challenging. Home prices in Washburn are now at a median cost of $211,658, lower than the Wisconsin average of $280,373.
The average cost of rent is $844/mo in Washburn, primarily driven by the current value of real estate in the Washburn area. In Washburn, 22.45% of households rent, and 46.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Washburn is $6,022 per month. Households that rent pay about 14.02% of their income on rent here. Washburn’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ashland, WI: less expensive homes
- Salmo, WI: higher priced homes
- Ashland Junction, WI: higher priced homes
- Odanah, WI: less expensive homes
- Barksdale, WI: equally priced homes
- Sanborn, WI: equally priced homes
- Diaperville, WI: less expensive homes
- Moquah, WI: higher priced homes
- La Pointe, WI: higher priced homes
- Bayfield, WI: higher priced homes
Cities with Similar Populations
- Oswichee, AL: higher priced homes
- Bear Creek, NC: equally priced homes
- Conway, NH: higher priced homes
- Norway, MI: less expensive homes
- Newbury, MA: higher priced homes
- Wrens, GA: less expensive homes
- Abernathy, TX: less expensive homes
- Watertown, FL: less expensive homes
- Utica, KY: equally priced homes
- Tipton, CA: higher priced homes
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