Quick facts: Two rivers, WI

Quick Facts

100.2
Cost of Living
above US average
11,166
Population
6.9
Crime Rate per 1000
below US average
$56,236
Median Income
below US average
$169,900
Median House Price
above US average
$1107.33
Average Rent
below US average
11%
Poverty Rate
above US average
3.1%
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 $56,236.

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Income Needed to Buy

βœ“ Affordable
$53k/year
Based on $169,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($56,236) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$47k/year
Based on $1107.33/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($56,236) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Two rivers, WI

Two Rivers is a charming city located in Manitowoc County, Wisconsin, situated along the shores of Lake Michigan. With a rich history dating back to its founding in the mid-19th century, it has evolved into a vibrant community known for its scenic beauty and outdoor recreation opportunities. The city is famous for its picturesque waterfront, which includes beautiful parks, walking trails, and recreational facilities. Two Rivers is particularly known for its beautiful beaches, such as Neshotah Beach, perfect for swimming, sunbathing, and picnicking. The city also hosts various events throughout the year, including the annual Two Rivers Fish and Wild Game Festival, celebrating the region’s outdoor lifestyle. In addition to its natural attractions, Two Rivers boasts a downtown area with unique shops, restaurants, and cultural venues, including the Historical Society Museum. The local economy is supported by industries such as manufacturing and tourism, attracting visitors interested in history and maritime activities. For those seeking a peaceful community with a rich heritage and access to nature, Two Rivers offers a delightful blend of small-town charm and recreational opportunities.

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