Green Bay, WI home values, income, and owner costs

Start with the dated local finding: In Green Bay, WI, the 2024 ACS reports a median owner-occupied home value of $207,200, median household income of $66,206, and median selected monthly owner costs of $1,377 for owners with a mortgage. Together, those three reference points can help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,377 measure combines recurring ownership expenses in place of real estate taxes alone. For borrower planning, a useful affordability review starts with $207,200, $66,206, and $1,377, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Green Bay, WI's $207,200 median home-value estimate is below the statewide $266,500 estimate, with a reported city-to-state gap of 22.3%. That 22.3% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Green Bay, WI. It does not mean every local property is 22.3% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. For borrower planning, a borrower may use $207,200 and $266,500 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.