Quick facts: Stratford, WI

Quick Facts

100.2
Cost of Living
above US average
1,571
Population
3.18
Crime Rate per 1000
below US average
$63,646
Median Income
below US average
$44,900
Median House Price
above US average
$1326.0
Average Rent
below US average
7%
Poverty Rate
below US average
3.2%
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 $63,646.

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Income Needed to Buy

βœ“ Affordable
$14k/year
Based on $44,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($63,646) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$57k/year
Based on $1326.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($63,646) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Stratford, WI

Stratford is a charming village located in central Wisconsin, primarily within Marathon County, with a small portion extending into Wood County. It boasts a tight-knit community and a population of around 1,500 residents. Known for its friendly atmosphere, Stratford offers a blend of small-town charm and access to natural beauty, surrounded by lush farmlands and woodlands. The village features a range of local amenities including parks, schools, and small businesses. Notable attractions include the historic downtown area and the nearby Spirit Creek, which provides opportunities for outdoor recreation like fishing and hiking. The area celebrates its agricultural roots through local events and farmer's markets. Stratford is also home to the annual "Stratford Fair," which brings together residents and visitors to celebrate local culture with food, crafts, and entertainment. Its rural setting makes it an appealing spot for those looking for a peaceful lifestyle while remaining connected to larger nearby cities like Wausau, which is just a short drive away. Overall, Stratford epitomizes the warm and welcoming spirit of rural Wisconsin living.

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