Wisconsin Reverse Mortgage - What You Need to Know
- Advice
- Reverse Mortgage Overview
- Why Reverse Mortgage
- How Much Can I Borrow
- Reverse Loan Qualifications
- Reverse Mortgage Process
- Fixed vs Adjustable
- Reverse Mortgage vs. HELOC
- Reverse Mortgage Scam
- Resources
- Reverse Mortgage Articles
- Ask Bill on Reverse
- Reverse Mortgage Lenders
- Reverse Mortgage Videos
- Popular Searches
- Is a Reverse Mortgage Right For Me
- HECM For Purchase
- Reverse Mortgage Loan Fees
- Inheritance & Reverse Mortgage
- Reverse Mortgage Living Trust
- Debt and Reverse Mortgage
- Reverse Mortgage
- Reverse Mortgage Counseling
Wisconsin Reverse Mortgage - What You Need to Know
Reverse mortgages in Wisconsin are not taxable, and generally do not affect your Social Security or Medicare benefits. You retain the title to your home, and you do not have to make monthly repayments. The loan must be repaid when the last surviving borrower dies, sells the home, or no longer lives in the home as a principal residence.
Get Free Reverse Mortgage Quotes in Wisconsin
Snapshot of Wisconsin
5.7 M
Population$112,200
Median Home Value68%
Home Ownership Rate14%
Percent PopulationOver 65Find Your City to Compare State and National Averages
| Location | Population | Med. Home Value | Home Ownership Rate | % Population Over 65 |
|---|---|---|---|---|
| USA | 307,006,550 | $119,600 | 66% | 13% |
| Wisconsin | 5,654,774 | $112,200 | 68% | 14% |
| Appleton | 70,191 | $97,900 | 69% | 11% |
| Beloit | 36,348 | $68,200 | 62% | 13% |
| Brookfield | 39,613 | $189,100 | 90% | 18% |
| Eau Claire | 63,297 | $92,800 | 57% | 12% |
| Fond Du Lac | 42,341 | $91,200 | 62% | 15% |
| Franklin | 33,812 | $156,400 | 78% | 10% |
| Green Bay | 100,353 | $96,400 | 56% | 12% |
| Greenfield | 35,444 | $125,500 | 60% | 21% |
| Janesville | 62,998 | $100,000 | 68% | 13% |
| Kenosha | 96,240 | $108,000 | 62% | 12% |
| La Crosse | 50,266 | $85,100 | 51% | 15% |
| Madison | 223,389 | $139,300 | 48% | 9% |
| Manitowoc | 33,635 | $86,000 | 68% | 18% |
| Menomonee Falls | 34,370 | $151,600 | 77% | 16% |
| Milwaukee | 573,358 | $80,400 | 45% | 11% |
| New Berlin | 39,234 | $162,100 | 81% | 13% |
| Oak Creek | 32,341 | $139,100 | 61% | 9% |
| Oshkosh | 64,084 | $86,300 | 58% | 13% |
| Racine | 79,592 | $83,600 | 60% | 12% |
| Sheboygan | 48,598 | $89,400 | 61% | 16% |
| Superior | 26,960 | $65,900 | 62% | 15% |
| Waukesha | 67,814 | $139,900 | 57% | 11% |
| Wausau | 38,435 | $85,500 | 62% | 17% |
| Wauwatosa | 44,798 | $138,600 | 68% | 18% |
| West Allis | 58,710 | $99,200 | 58% | 17% |
| West Bend | 29,853 | $132,500 | 62% | 14% |
Source U.S. Census Bureau: State and County QuickFacts. Data derived from Population Estimates, Census of Population and Housing, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits, Consolidated Federal Funds Report
