Quick facts: Wheeler, WI

Quick Facts

100.2
Cost of Living
above US average
331
Population
60.42
Crime Rate per 1000
above US average
$54,167
Median Income
below US average
$249,900
Median House Price
above US average
$975.0
Average Rent
below US average
8%
Poverty Rate
below US average
4.0%
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 $54,167.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $249,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $54,167
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Income Needed to Rent

βœ“ Affordable
$42k/year
Based on $975.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($54,167) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wheeler, WI

Wheeler is a small village located in Dunn County, Wisconsin. Nestled in the scenic landscapes of west-central Wisconsin, Wheeler has a quaint, rural charm. The village is surrounded by lush forests, rolling hills, and tranquil farmland, making it an inviting place for outdoor enthusiasts and those seeking a peaceful lifestyle. Although it's small, Wheeler has a close-knit community with a warm, friendly atmosphere. Local events often bring residents together to celebrate seasonal festivities and promote community spirit. The area offers opportunities for recreational activities such as hiking, fishing, and camping, thanks to its proximity to several natural attractions and parks. The nearby Chippewa River is a popular spot for kayaking and fishing as well. Wheeler is conveniently located along major highways, providing easy access to larger towns like Menomonie and Eau Claire for those in need of more extensive services and amenities. The village is also served by local schools and has access to essential facilities, enhancing the quality of life for its residents. Whether you’re looking for a quiet getaway or a place to settle down, Wheeler presents an inviting option in Wisconsin’s countryside.

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