Quick facts: Wausau, WI

Quick Facts

100.2
Cost of Living
above US average
39,833
Population
16.49
Crime Rate per 1000
below US average
$59,259
Median Income
below US average
$115,900
Median House Price
above US average
$1317.22
Average Rent
below US average
10%
Poverty Rate
below US average
3.3%
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 $59,259.

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Income Needed to Buy

βœ“ Affordable
$36k/year
Based on $115,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($59,259) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1317.22/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($59,259) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wausau, WI

Wausau is a charming city located in central Wisconsin, nestled along the banks of the Wisconsin River. Known for its vibrant arts scene and outdoor recreational opportunities, Wausau serves as the county seat of Marathon County. The city boasts a population of around 39,000 residents and features a rich history dating back to its founding in the mid-19th century. Wausau is renowned for its beautiful parks, including the picturesque Jacobson Park and the expansive D.C. Everest Park, perfect for year-round activities like hiking, fishing, and snow sports. The city also features the iconic Rib Mountain State Park, which offers stunning vistas and excellent biking trails. Culturally, Wausau is home to the Marathon County Historical Society and the Leigh Yawkey Woodson Art Museum, which showcases exceptional collections of wildlife art. The annual Big Bull Falls Craft Festival attracts visitors from across the region, highlighting the community's local artisans. With a robust economy supported by manufacturing, healthcare, and education, Wausau provides a welcoming environment for families and individuals. Its friendly atmosphere, combined with rich cultural and recreational offerings, makes Wausau a delightful place to live or visit.

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