Quick facts: Edgerton, WI

Quick Facts

100.2
Cost of Living
above US average
5,934
Population
6.91
Crime Rate per 1000
below US average
$80,255
Median Income
below US average
$197,000
Median House Price
above US average
$1454
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
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 $80,255.

🏠

Income Needed to Buy

βœ“ Affordable
$62k/year
Based on $197,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($80,255) exceeds requirement
🏒

Income Needed to Rent

βœ“ Affordable
$62k/year
Based on $1454/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($80,255) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Edgerton, WI

Edgerton is a small city located in Rock County, Wisconsin. Known for its friendly community and picturesque landscapes, Edgerton offers a blend of small-town charm and accessibility to larger urban areas. The city is known for its outdoor recreational opportunities, including parks and access to the nearby Rock River, which is great for fishing, boating, and picnicking. Edgerton also hosts various annual events that foster community spirit, such as summer festivals and farmers' markets. The city has a modest population that enjoys a slower pace of life while still being within reach of larger cities like Janesville and Madison, which provide additional amenities and services. The local economy is supported by small businesses, agriculture, and some industrial sectors, creating a diverse job market for residents. The city's schools are part of the Edgerton School District, which emphasizes educational growth and community involvement. Overall, Edgerton is an inviting place with a strong sense of community, making it an attractive location for families and individuals looking for a quieter lifestyle in Wisconsin.

πŸ” Search & Compare Places

First Location πŸ“