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City · 10,539 residents · St. Croix County, Wisconsin

New Richmond , Wisconsin

In New Richmond, a typical home is worth $285,100 and typical rent is $1,168 a month. Compared with all of St. Croix County, the typical home value is 25% lower, typical household income is 14% lower, and the share of households that own their home is 16 points lower.

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  • Typical home value

    $285,100

    25% below the county

    7% above Wisconsin

    • New Richmond
    • St. Croix
    • Wisconsin

  • Typical rent

    $1,168a month

    8% below the county

    7% above Wisconsin

    • New Richmond
    • St. Croix
    • Wisconsin

  • Typical household income

    $88,157a year

    14% below the county

    14% above Wisconsin

    • New Richmond
    • St. Croix
    • Wisconsin

  • Households that own their home

    62%

    16 points below the county

    6 points below Wisconsin

    • New Richmond
    • St. Croix
    • Wisconsin

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$377,838
1% more than 12 months ago
Typical rent
$1,619 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

New Richmond is in St. Croix County. The FHA loan limit ($552,000 for a one-unit home), the fair market rents and the help on this page are those of all of St. Croix County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets New Richmond apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Rice Lake, the typical home value is $193,800: 32% less than in New Richmond ($285,100).

  2. 62% of households in New Richmond own their home, against 78% in St. Croix County.

  3. Nearby, in Rice Lake, the typical rent is $856: 27% less than in New Richmond ($1,168).

  4. According to Zillow, in the 12 months to September 2026 the typical home value in New Richmond rose 1%; in Wisconsin, it rose 5.1%.

  5. The typical home in New Richmond is worth $285,100, 25% less than in St. Croix County as a whole ($377,700).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in New Richmond

What homes there are in New Richmond, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In New Richmond, 6 in 10 homes are single-family detached houses; in St. Croix County, 7.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,736 a month

St. Croix County: $1,998 a month

Without a mortgage

$620 a month

St. Croix County: $719 a month

Owners with a mortgage

71%

St. Croix County: 70%

In New Richmond, 71% of owners have a mortgage, and their typical cost is $1,736 a month, against $1,998 in St. Croix County. Without one it drops to $620.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in New Richmond rose 58% since 2015–2019, more than in St. Croix County (55%).

Since 2015–2019, the typical rent in New Richmond rose 40%, more than in St. Croix County (32%).

While home values in New Richmond changed +58% and rent +40%, the typical household income rose 47%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureNew RichmondSt. Croix CountyWisconsinUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.5%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.5%0.9%
More than one person per room Unreliable estimate0.8%1.7%3.4%
People per household 2.342.542.332.53
Drive alone 78%74%74%69%
Carpool 6%7%7%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 13%17%13%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes10 to 19 minutes20 to 29 minutes

On average, a household in New Richmond has 2.34 people, fewer than in St. Croix County (2.54).

To get to work, 78% of workers in New Richmond drive alone; in St. Croix County, 74%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in New Richmond?

A typical home is tight for the typical income

We start with a typical home in New Richmond, worth $285,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in New Richmond, which is $88,157 a year. For that payment to be 28% of income, a household would need to earn about $105,922 a year.

The calculator's FHA and conventional loan limits are those of all of St. Croix County.

Your numbers

Local data
$

Starts at the typical home value in New Richmond. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,979 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,472

at 7.18% · 30 years

Loan amount
$279,936
Total interest
$402,762
Paid off in
November 2056

Includes $4,815 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,057 a month

  • Tight

    $2,057 to $2,645 a month

    Your payment · 34%

  • Hard

    more than $2,645 a month

Compared with the typical household income in New Richmond ($88,157 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,472
Principal & interest$1,896
Property tax$330
Home insurance$119
FHA mortgage insurance (MIP)$126

You need at least $9,979 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

New Richmond and St. Croix County

New Richmond is in St. Croix County, Wisconsin. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

New Richmond's own numbers

Typical home value
$285,100
Typical monthly rent
$1,168
Typical yearly household income
$88,157
Households that own their home
62%
Effective property tax rate
1.39%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of St. Croix County

FHA limit, one-unit home
$552,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+47%
Homes in a high flood-risk zone
1.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of St. Croix County.

Everything about St. Croix County

Buying

Buying a home in New Richmond

A typical home in New Richmond is worth $285,100: 25% below the county and 7% above Wisconsin. With the typical household income in New Richmond ($88,157 a year), a typical home costs 3.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • New Richmond 3.2 years
  • St. Croix 3.7 years
  • Wisconsin 3.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in St. Croix County

According to FHFA’s house price index, home prices in St. Croix County rose 90% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of St. Croix County.

Period County Wisconsin U.S.
Last year (2025) +4.0% +5.4% +2.9%
5 years (2020–2025) +47% +57% +47%
10 years (2015–2025) +90% +96% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

New Richmond next to St. Croix County, Wisconsin and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • New Richmond $285,100
  • St. Croix $377,700
  • Wisconsin $266,500
  • United States $332,700
Typical monthly rent
  • New Richmond $1,168
  • St. Croix $1,271
  • Wisconsin $1,087
  • United States $1,413
Typical yearly household income
  • New Richmond $88,157
  • St. Croix $103,046
  • Wisconsin $77,485
  • United States $80,734
See the full table
New Richmond next to St. Croix County and Wisconsin
Measure New Richmond St. Croix County Wisconsin U.S.
Typical home value $285,100 $377,700 $266,500 $332,700
Typical monthly rent $1,168 $1,271 $1,087 $1,413
Typical yearly household income $88,157 $103,046 $77,485 $80,734
Households that own their home 62% 78% 68% 65%
Typical yearly property tax $3,972 $4,420 $3,792 $3,119
Effective property tax rate 1.39% 1.17% 1.42% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below St. Croix County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in New Richmond

For a typical $285,100 home in New Richmond, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, New Richmond's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,472a month

    Least cash to close
    Down payment
    $9,979
    Cash to close
    $18,532
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $126

  • Conventional, 5% down $2,419a month

    Down payment
    $14,255
    Cash to close
    $22,808
    Rate
    7.18%
    Mortgage insurance
    PMI · $135

  • Conventional, 20% down, no PMI $1,994a month

    Down payment
    $57,020
    Cash to close
    $65,573
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,258a month

    Down payment
    $42,765
    Cash to close
    $51,318
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for New Richmond and for St. Croix County.

Property tax

Effective rate in New Richmond

1.39%of the home’s value each year

$3,972 a year for the typical owner in New Richmond.

  • New Richmond 1.39%
  • St. Croix 1.17%
  • Wisconsin 1.42%

What Wisconsin publishes Lottery and Gaming Credit for your primary residence (Wisconsin Department of Revenue)

Exemptions and deadlines in Wisconsin

Flood risk in St. Croix County

FEMA does not publish these numbers by city: they are for all of St. Croix County.

Homes in the high-risk zone
1.5%
370
Of those, with NFIP insurance
17%
County Wisconsin U.S.
Homes in the high-risk zone 1.5% 1.4% 3.5%
Of those, with NFIP insurance 17% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in New Richmond

Typical rent in New Richmond is $1,168 a month: 8% below the county.

HUD publishes a fair market rent for all of St. Croix County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.

HUD fair market rent for all of St. Croix County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,265 $24.33 $50,600
1 bedroom $1,427 $27.44 $57,080
2 bedrooms $1,734 $33.35 $69,360
3 bedrooms $2,264 $43.54 $90,560
4 bedrooms $2,538 $48.81 $101,520

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in New Richmond

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). New Richmond is in ZIP code 54017.

For 2 bedrooms it is $1,540: $194 less than the fair market rent for St. Croix County ($1,734).

  • 54017 $1,540$2,040

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for New Richmond when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in New Richmond

HUD lists 7 buildings with rents for lower incomes in New Richmond. These are the largest.

  • Sunshine Court 370 Odanah Ave, New Richmond 54017 40 low-income homes · Run by Housing Authority of the City of New Richmond · Average payment: $423 a month · Average wait: 14 months (715) 246-2130
  • The Villas at Paperjack Creek 938 Monette Ave, New Richmond 54017 44 homes, 39 low-income · 1 bd: 4 · 2 bd: 26 · 3 bd: 14 · In service since 2002 · For families
  • Boardman Meadows 460 W 8th St, New Richmond 54017 35 low-income homes · For older adults (715) 246-5510
  • Park Meadows Apts 700 Hagen Ave, New Richmond 54017 27 low-income homes · 1 bd: 5 · 2 bd: 6 · 3 bd: 16 · In service since 1996
  • Deer Path Townhomes II 680 Monette Ave, New Richmond 54017 24 low-income homes · 2 bd: 8 · 3 bd: 16 · In service since 1999

See all 36 buildings in St. Croix County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in New Richmond

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in St. Croix County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in New Richmond

No down payment, repair or rent-help program on our list is for New Richmond or St. Croix County. The ones below are statewide in Wisconsin: they work in New Richmond the same as in the rest of the state.

Which programs do I qualify for? All programs in Wisconsin

  • WHEDA Easy Close Advantage DPA

    Statewide in Wisconsin

    Wisconsin state agency second mortgage for the down payment: up to 6% of the price, over 10 years with a monthly payment and the same rate as the WHEDA first mortgage. Offered by Wisconsin Housing and Economic Development Authority (WHEDA).

    Repayable

    See the program Official page

  • WHEDA Capital Access DPA

    Statewide in Wisconsin

    Limited funds remain, per the source

    $7,500 loan from the Wisconsin state agency for the down payment and closing costs, over 30 years, at 0% and with no monthly payments, alongside a WHEDA mortgage; limited funds, first come, first served. Offered by Wisconsin Housing and Economic Development Authority (WHEDA).

    Deferred

    See the program Official page

Housing counselors near New Richmond

The HUD-approved agencies closest to the center of New Richmond, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Western Dairyland Economic Opportunity Council Inc

    1 Better Way, Eau Claire · 57 miles away · Spanish

    Also serves in American Sign Language (ASL) and Hmong.

    • Mortgage delinquency and default
    • Homelessness services
    • and 2 more
    (715) 836-7511

  • First Nations Community Financial

    206 S Roosevelt Rd Ste 123, Black River Falls · 102 miles away

    • Budget and financial counseling
    • Workshops for new owners
    • and 3 more
    (715) 284-2470

  • CCCS of Sheboygan

    505 King Street, Suite 212, La Crosse · 111 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (844) 307-7220

All counseling agencies in Wisconsin

Help in Spanish near New Richmond

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of New Richmond

HUD’s record names them for New Richmond or St. Croix County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of New Richmond Public housing (715) 246-2130

3 other authorities have an office in St. Croix County: see the list Source: HUD

Cities

Other cities in St. Croix County

These cities are also in St. Croix County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about St. Croix County Housing in Wisconsin

Nearby cities

The cities closest to New Richmond, with the typical home value.

Neighboring counties

If St. Croix County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in New Richmond.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about New Richmond

Short answers with the numbers for New Richmond and all of St. Croix County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in New Richmond?

The typical home value in New Richmond is $285,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in St. Croix County it is $377,700.

How much does it cost to rent in New Richmond?

Typical rent in New Richmond is $1,168 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in St. Croix County is $1,734.

What is the FHA loan limit in New Richmond?

New Richmond uses the FHA limit for all of St. Croix County (2026): $552,000 for a one-unit home and $1,061,550 for a four-unit home.

How much property tax do owners pay in New Richmond?

The typical homeowner in New Richmond pays $3,972 a year, according to the U.S. Census Bureau. That is 1.39% of the home’s value; in St. Croix County, the rate is 1.17%.

Where can I find free help to buy or rent in New Richmond?

We found no HUD-approved counseling agencies with an office in St. Croix County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).