Quick facts: Sheboygan, WI

Quick Facts

100.2
Cost of Living
above US average
49,773
Population
17.32
Crime Rate per 1000
below US average
$59,861
Median Income
below US average
$224,900
Median House Price
above US average
$1153.73
Average Rent
below US average
10%
Poverty Rate
below US average
3.0%
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 $59,861.

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Income Needed to Buy

βœ— Stretch
$71k/year
Based on $224,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $59,861
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Income Needed to Rent

βœ“ Affordable
$49k/year
Based on $1153.73/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($59,861) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sheboygan, WI

Sheboygan, located in Wisconsin along the western shore of Lake Michigan, is known for its vibrant culture and outdoor activities. With a population of around 48,000 residents, it serves as an important regional hub for commerce, industry, and recreation. The city's rich history dates back to the 1830s, and it is known for its strong German heritage. Sheboygan boasts beautiful parks, including the scenic Kohler-Andrae State Park, where visitors can enjoy hiking, picnicking, and stunning views of Lake Michigan. The area is also famous for its sandy beaches and boating opportunities. In addition to its natural attractions, Sheboygan has a thriving arts scene, highlighted by venues like the John Michael Kohler Arts Center, which hosts exhibitions and performances. The city is also recognized for its culinary offerings, particularly its cheese, bratwurst, and local breweries. Sheboygan's community hosts various events throughout the year, celebrating local culture and traditions, making it a welcoming place for both residents and visitors. With its unique blend of outdoor recreation, cultural experiences, and culinary delights, Sheboygan is a hidden gem in Wisconsin.

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