Cost of Living in Beaver Dam, WI

Population 16,629 · Wisconsin · Data vintage 2023

66
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Beaver Dam can reasonably expect a home to cost less than three years of household income — $190,000 against $68,757 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Beaver Dam is about 40 miles northeast of Madison, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 45% lower than Madison's $347,000.

Cost Overview

Housing 62
Rent 72

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Beaver Dam

The median home value in Beaver Dam is $189,800 — 38% below the national median of $305,000. Median rent runs $942/month, 28% lower than the national median of $1,314/month. The median household income of $68,757/year is 8% lower than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 56.0°F and lows of 37.1°F. Overall, Beaver Dam has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.

🏠 Housing

Median Home Value
$189,800
38% below avg
Zillow Home Value
$282,567
Zillow ZHVI
Median Rent
$942/mo
28% below avg
Price-to-Rent Ratio
16.8x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 54.3%
Renter-occupied 45.7%

💰 Estimated Monthly Budget

Rent median rent
$942
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,556/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.1 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.5%

Commute Mode

Drove alone
81.0%
Carpooled
7.3%
Walked
3.8%
Bicycle
0.2%
Work from home
6.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$68,757
8% below avg
Per Capita Income
$38,989
Unemployment Rate
4.0%
17% below avg
Poverty Rate
5.5%
Labor Force Participation
71.2%

🎓 Education

Bachelor's degree+ 20.3%
Graduate degree 7.0%

👥 Demographics

Median Age 40.6
Male median age 37.2
Female median age 44.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.0°F
Avg Low
37.1°F
Annual Precip
28.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 273042566878828073594532
Low °F 111424354757615951402918
Precip" 0.730.691.722.793.314.143.403.452.862.541.840.92

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
58.4%
Good air days/yr
210
Max AQI recorded
183
PM2.5 days
182
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
15.2:1
Student-teacher ratio
10
Public schools
3,466
Total enrollment

Frequently Asked Questions

What is the cost of living in Beaver Dam, WI?

Beaver Dam has a cost index of 66 (100 = national average). It is 34% below the national average.

What is average rent in Beaver Dam, WI?

The median gross rent in Beaver Dam is $942 per month based on 2023 Census data.

What is the average home price in Beaver Dam?

The median home value in Beaver Dam is $189,800 according to Zillow and Census data.

What is the median income in Beaver Dam?

The median household income in Beaver Dam is $68,757 per year (2023 ACS 5-year estimates).

What is the sales tax in Beaver Dam, WI?

The combined state and local sales tax rate in Beaver Dam is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Beaver Dam, WI affordable?

Yes, Beaver Dam is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.

What is the weather like in Beaver Dam?

Beaver Dam has average high temperatures of 56.0°F and average lows of 37.1°F. Annual precipitation is 28.4". Data from NOAA 1991–2020 Climate Normals.

Beaver Dam at a Glance

Population
16,629
Median Income
$68,757
Home Value
$189,800
Median Rent
$942/mo
Unemployment
4.0%
Avg High Temp
56.0°F
Sales Tax
5.4%
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Explore county-level cost of living data

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