Quick facts: Winter, WI

Quick Facts

100.2
Cost of Living
above US average
953
Population
26.23
Crime Rate per 1000
above US average
$55,000
Median Income
below US average
$168,000
Median House Price
above US average
$1325
Average Rent
below US average
12%
Poverty Rate
above US average
4.5%
Unemployment Rate
above 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 $55,000.

🏠

Income Needed to Buy

βœ“ Affordable
$53k/year
Based on $168,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($55,000) exceeds requirement
🏒

Income Needed to Rent

⚠ Stretch
$57k/year
Based on $1325/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $57k vs median $55,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Winter, WI

Winter, Wisconsin, is a small, charming village located in Sawyer County, nestled in the picturesque Chequamegon National Forest. Known for its serene landscapes, Winter offers a range of outdoor recreational activities, including fishing, hiking, snowmobiling, and cross-country skiing, making it a perfect destination for nature enthusiasts. The village is home to approximately 300 residents and boasts a tight-knit community atmosphere. The area features beautiful lakes, rivers, and abundant wildlife, enhancing its appeal for those looking to escape the hustle and bustle of city life. Winter also hosts various local events and festivals that celebrate its culture and heritage throughout the year. The local economy is primarily supported by tourism, agriculture, and small businesses, contributing to the community's quaint charm. Overall, Winter, WI, is a tranquil getaway that highlights the beauty of rural Wisconsin while offering a warm and welcoming environment for both residents and visitors.

πŸ” Search & Compare Places

First Location πŸ“