Housing costs in Paddock Lake?
A typical home costs
$248,900, which is 26.4% less expensive than the national average of
$338,100 and 2.0% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Paddock Lake costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 23.1% more than the state average of
$1,030.
Can I afford Paddock Lake?
To live comfortably in Paddock Lake, Wisconsin, a minimum annual income of
$47,520 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Paddock Lake?
The cost of living in Paddock Lake, WI is relatively low compared to other parts of the country. The median household income in the area is just under $57,000 per year and the median home value is $175,000. In addition, groceries, healthcare and utilities tend to be cheaper than average. With a lower cost of living, residents are able to stretch their incomes further allowing them to save more for retirement or other large expenses. Overall, Paddock Lake is an affordable place to live when compared with other parts of the nation.