Florence County, Wisconsin home prices
Typical home $200,231 · +6.1% in a year · property tax 1.21%
The typical home in Florence County is worth $200,231, 41% less than the Wisconsin typical home ($337,196). Values changed +6.1% in the past year and +30.7% over five years. Homeowners here pay a median 1.21% of their home's value in property tax each year ($2,423 on the typical home), versus 1.2% statewide.
Mortgage on the typical Florence County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $40,046 | $160,185 | $1,078 | $0 | $302 | $1,380 | $59,100 |
| 10% down | $20,023 | $180,208 | $1,212 | $75 | $302 | $1,589 | $68,100 |
| 5% down | $10,012 | $190,219 | $1,280 | $79 | $302 | $1,661 | $71,200 |
| 3.5% down (FHA) | $7,008 | $196,604 | $1,323 | $89 | $302 | $1,713 | $73,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.21% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Wisconsin · part of the Iron Mountain metro area.
Wisconsin counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rusk County | $209,507 | +6.3% | 1.12% |
| Price County | $211,107 | +8.2% | 1.32% |
| Ashland County | $188,689 | -5.0% | 1.42% |
| Marinette County | $217,775 | +8.6% | 1.2% |
| Iron County | $222,359 | +6.5% | 1.07% |
| Clark County | $223,852 | +9.9% | 1.45% |
| Forest County | $224,632 | +10.4% | 1.07% |
| Jackson County | $228,571 | +8.8% | 1.39% |
| Grant County | $228,650 | +5.4% | 1.36% |
| Wood County | $229,035 | +6.1% | 1.54% |
Frequently asked questions
What is the average home price in Florence County, WI?
The typical home value in Florence County is $200,231 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Florence County?
About $59,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Florence County?
The median effective rate is 1.21% of home value a year (Census ACS 2024 5-year estimates).