Quick facts: Fond du lac, WI

Quick Facts

100.2
Cost of Living
above US average
44,339
Population
19.42
Crime Rate per 1000
below US average
$58,675
Median Income
below US average
$214,900
Median House Price
above US average
$1122.83
Average Rent
below US average
8%
Poverty Rate
below US average
3.5%
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 $58,675.

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Income Needed to Buy

βœ— Stretch
$67k/year
Based on $214,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $67k vs median $58,675
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Income Needed to Rent

βœ“ Affordable
$48k/year
Based on $1122.83/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($58,675) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fond du lac, WI

Fond du Lac is a charming city located in central Wisconsin, situated at the southern tip of Lake Winnebago. Known for its rich history and vibrant community, Fond du Lac offers a blend of outdoor activities, cultural events, and a welcoming atmosphere. The city is home to numerous parks, including Lakeside Park, which features beautiful views of the lake, picnic areas, and a lighthouse. Fond du Lac's downtown area boasts a variety of shops, restaurants, and historical landmarks, providing residents and visitors alike with a unique shopping and dining experience. The annual Fond du Lac County Fair and the popular Ripon Watermelon Festival are notable events that enhance the sense of community and camaraderie. For those interested in education, Fond du Lac is served by several public and private schools, along with higher education institutions, such as Marian University. The city's economy is diverse, incorporating manufacturing, healthcare, and education, which contributes to its stability. Fond du Lac also offers easy access to outdoor recreational activities, including boating, fishing, and hiking, making it an ideal location for nature enthusiasts. Overall, it combines small-town charm with modern conveniences.

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