Quick facts: Bangor, WI

Quick Facts

100.2
Cost of Living
above US average
1,446
Population
5.53
Crime Rate per 1000
below US average
$72,019
Median Income
below US average
$329,900
Median House Price
above US average
$1325
Average Rent
below US average
8%
Poverty Rate
below US average
3.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $72,019.

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Income Needed to Buy

βœ— Stretch
$103k/year
Based on $329,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $103k vs median $72,019
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Income Needed to Rent

βœ“ Affordable
$57k/year
Based on $1325/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($72,019) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bangor, WI

Bangor is a small village located in La Crosse County, Wisconsin. With a population of just over 1,200 residents, it offers a quaint, tight-knit community atmosphere. The village is nestled in a picturesque landscape characterized by rolling hills and lush greenery, making it an attractive spot for outdoor enthusiasts. The nearby La Crosse River provides opportunities for fishing, kayaking, and scenic walks. Bangor's charming downtown features local shops and restaurants, providing a taste of small-town life. The area is rich in history, with several historical sites and landmarks that reflect its heritage. Community events and festivals throughout the year foster a sense of belonging among residents. Education is served by the Bangor School District, which offers quality schooling options for children. The village is also conveniently located near larger urban centers like La Crosse, providing access to more extensive amenities, shopping, and entertainment while maintaining its peaceful, rural charm. Overall, Bangor embodies the spirit of small-town living in Wisconsin, perfect for those seeking a quieter lifestyle.

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