Living in Gratiot, Wisconsin
Cost of living, income, home prices, rent and demographics of Gratiot · Census data 2020–2024
Gratiot has 305 residents with a median age of 41.5. The median household income is $42,344 (45% lower than the Wisconsin median), the median home value is $151,300, the median rent is $688/month.
Gratiot is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gratiot at a glance
- Population
- 305
- Median age
- 41.5State: 40.2
- Median household income
- $42,344State: $77,485
- Median home value
- $151,300State: $266,500
- Median rent
- $688/moState: $1,087
- Homeowners
- 59.4%
- Bachelor's degree or higher
- 12.1%
- Average commute
- 26 min
Is Gratiot a good place to live?
Pros: Home values 43% lower than the state median.
Cons: Median household income 45% lower than the Wisconsin median; an average commute of 26 minutes; unemployment of 8.9%; a poverty rate of 31.1%.
The weather is best in June to September.
Cost of living in Gratiot
Housing is the biggest part of the cost of living. In Gratiot the median home value is $151,300, 55% lower than the U.S. median. Renters pay a median of $688 per month, which is 13.8% of household income. Homeowners with a mortgage pay $1,226 a month in housing costs.
Gratiot median household income
The median household income in Gratiot is $42,344 and the income per person is $27,416. 31.1% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Gratiot: homes for sale and rent
- Housing units
- 163
- Owner-occupied
- 59.4%
- Renter-occupied
- 40.6%
- Vacant
- 12.3%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.13
Gratiot demographics
- Population
- 305
- Median age
- 41.5
- Under 18
- 24.6%
- 65 and older
- 22.6%
- Households
- 143
- Foreign-born
- 0%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Gratiot ›
Education in Gratiot
12.1% of adults 25 and older in Gratiot have a bachelor's degree or higher (Wisconsin: 33.4%), and 7.5% have a graduate or professional degree.
Jobs and commute in Gratiot
- Unemployment rate
- 8.9%State: 3.2%
- Average commute
- 26 minState: 22 min
- Work from home
- 0.8%
- Drive alone
- 78.8%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 67.1%
Gratiot vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gratiot | 305 | $42,344 | $151,300 | $688 |
| Warren | 1,396 | $75,813 | $102,200 | $741 |
| Apple River | 290 | $44,028 | $87,100 | $880 |
| South Wayne | 441 | $75,139 | $130,600 | $788 |
| Darlington | 2,409 | $56,641 | $155,100 | $873 |
| Nora | 180 | $54,073 | $91,000 | $1,120 |
| Shullsburg | 1,184 | $64,028 | $148,800 | $914 |
| Argyle | 877 | $59,702 | $137,300 | $608 |
| Browntown | 249 | $73,542 | $105,800 | $870 |
More for people moving to Gratiot
Gratiot ZIP code ›Weather and climate ›Living in Gratiot: FAQ
What is the median household income in Gratiot, WI?
The median household income in Gratiot is $42,344, 45% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gratiot?
The median home value in Gratiot is $151,300, compared with $266,500 in Wisconsin.
How much is rent in Gratiot?
The median gross rent in Gratiot is $688 per month, about 13.8% of household income.
Is Gratiot, WI a good place to live?
Pluses: home values 43% lower than the state median. Minuses: median household income 45% lower than the Wisconsin median; an average commute of 26 minutes; unemployment of 8.9%; a poverty rate of 31.1%.
What is the median age in Gratiot?
The median age in Gratiot is 41.5 years (Wisconsin: 40.2).
How long is the commute in Gratiot?
The average commute to work in Gratiot is 26 minutes; 0.8% of workers work from home.
What is the unemployment rate in Gratiot?
The unemployment rate in Gratiot is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gratiot?
12.1% of adults in Gratiot have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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