Cost of Living in Fox Point, WI

Population 6,746 · Wisconsin · Data vintage 2023

133
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Fox Point a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $415,000. An unemployment rate of 0.6% points to a labor market well on the tight side of the national distribution.

Located 7 miles northeast of Milwaukee, Fox Point falls within that metro's commuting orbit. Median home values run roughly 141% higher than Milwaukee's $172,000.

Cost Overview

Housing 136
Rent 129

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

About the Cost of Living in Fox Point

The median home value in Fox Point is $414,900 — 36% above the national median of $305,000. Median rent runs $1,693/month, 29% higher than the national median of $1,314/month. The median household income of $140,818/year is 89% higher than the US median of $74,580. The local unemployment rate is 0.6%, 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 57.4°F and lows of 41.3°F, with about 48.7" of annual snowfall. Overall, Fox Point has a cost of living index of 133 versus the US average of 100, meaning it is 33% more expensive.

🏠 Housing

Median Home Value
$414,900
36% above avg
Zillow Home Value
$463,847
Zillow ZHVI
Median Rent
$1,693/mo
29% above avg
Price-to-Rent Ratio
20.4x
Favors renting
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 79.4%
Renter-occupied 20.6%

💰 Estimated Monthly Budget

Rent median rent
$1,693
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,307/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
27.7 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
32.6%

Commute Mode

Drove alone
60.5%
Carpooled
3.6%
Public transit
0.4%
Walked
1.4%
Bicycle
0.1%
Work from home
32.6%

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
$140,818
89% above avg
Per Capita Income
$93,341
Unemployment Rate
0.6%
88% below avg
Poverty Rate
2.6%
Labor Force Participation
64.2%

🎓 Education

Bachelor's degree+ 37.4%
Graduate degree 36.4%

👥 Demographics

Median Age 43.5
Male median age 44.8
Female median age 42.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.4°F
Avg Low
41.3°F
Annual Precip
34.6"
Annual Snowfall
48.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313444556777828074614836
Low °F 172029384858656456453323
Precip" 1.791.692.203.863.544.383.403.653.162.782.241.88
Snow" 14.911.86.72.10.00.00.00.00.00.32.510.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
45.5%
Good air days/yr
250
Max AQI recorded
258
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Fox Point, WI?

Fox Point has a cost index of 133 (100 = national average). It is 33% above the national average.

What is average rent in Fox Point, WI?

The median gross rent in Fox Point is $1,693 per month based on 2023 Census data.

What is the average home price in Fox Point?

The median home value in Fox Point is $414,900 according to Zillow and Census data.

What is the median income in Fox Point?

The median household income in Fox Point is $140,818 per year (2023 ACS 5-year estimates).

What is the sales tax in Fox Point, WI?

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

Is Fox Point, WI affordable?

Fox Point is above average in cost of living, with an index of 133 — about 33% higher than the national average.

What is the weather like in Fox Point?

Fox Point has average high temperatures of 57.4°F and average lows of 41.3°F. Annual precipitation is 34.6". Average annual snowfall is 48.7". Data from NOAA 1991–2020 Climate Normals.

Fox Point at a Glance

Population
6,746
Median Income
$140,818
Home Value
$414,900
Median Rent
$1,693/mo
Unemployment
0.6%
Avg High Temp
57.4°F
Sales Tax
5.4%
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