Housing costs in Red River?
A typical home costs
$300,200, which is 11.2% less expensive than the national average of
$338,100 and 23.0% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Red River costs
$960 per month, which is 32.9% more than the national average of
$1,430 and 7.3% more than the state average of
$1,030.
Can I afford Red River?
To live comfortably in Red River, Wisconsin, a minimum annual income of
$57,600 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Red River?
The cost of living in Red River, WI is relatively low compared to other parts of the country. The median home value is approximately $150,000, and the median household income is around $50,000. The area has no state income tax and a very low property tax rate. In addition, housing costs are much lower than other cities with comparable amenities. Food and groceries, as well as transportation costs are also quite affordable. Residents enjoy access to many outdoor activities with nearby lakes, rivers, parks and trails providing plenty of opportunities for leisurely pursuits. Overall, Red River offers a great quality of life at an affordable price point for those looking to move or visit the area.