Measured against area pay, Fall Creek costs less to live in than 64% of U.S. towns
Up 4.2% in a year, 11% above the Wisconsin typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Eau Claire, WI metro area ($75K). How TownRatings grades cost of living
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade compares costs with what households across the Eau Claire metro earn ($75K, Census 2020–24). The typical home costs 2.9 years of metro income, and 31% of renters pay 30% or more of income for housing.
In dollars
- $374Ktypical home, 11% above the Wisconsin typical homeZillow, September 2026
- $1,370a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 93prices across the Eau Claire metro, where the U.S. is 100 (housing 73)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$75K, Eau Claire-area income
- 17%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 17%of owners do; the typical U.S. town: 20%Census 2020–24
What kind of housing town is Fall Creek?
Read from the numbers below. The page puts what stands out first.
What’s behind Fall Creek’s grade
Measured against what households in the area earn, Fall Creek is more affordable than 64% of U.S. towns. Property tax pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Values have lagged Wisconsin: the typical Fall Creek home is up 23.1% in five years, against 31.4% statewide (Zillow).
Up 23.1% in five years
Slower than Wisconsin (31.4%).
Show as a table
| January | Fall Creek | Wisconsin |
|---|---|---|
| 2017 | $204,000 | $178,000 |
| 2018 | $219,000 | $188,000 |
| 2019 | $232,000 | $200,000 |
| 2020 | $248,000 | $213,000 |
| 2021 | $281,000 | $235,000 |
| 2022 | $304,000 | $260,000 |
| 2023 | $323,000 | $279,000 |
| 2024 | $334,000 | $296,000 |
| 2025 | $356,000 | $314,000 |
| 2026 | $376,000 | $330,000 |
| September 2026 | $374,000 | $337,000 |
A typical Fall Creek home worth $199K in October 2016 is worth about $374K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 2.9 years of area income
The calculator starts from the area income the grade uses. Switch to Fall Creek’s own median, or type yours.
That’s $103K short of a typical Fall Creek home.
A two-bedroom rents for about $1,370 a month here, $1,050 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fall Creek’s typical property tax (1.45% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,370
Renters already here pay a median of $1,046, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Eau Claire, WI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
13 new homes permitted in 2025
Builders were permitted 13 new homes in Fall Creek in 2025: 11 single-family houses and 2 in buildings with two or more homes, worth about $4.4 million to build. That's 8.7 per 1,000 residents, faster than across Wisconsin (4.3). Over the past 10 years, Fall Creek has permitted 47 homes in all.
Between the 2010 and 2020 censuses, Fall Creek gained 107 residents while 18 new homes were permitted: about 5.9 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Wisconsin: 1.3 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 7 | 7 | 0 | $2.6 million |
| 2025 | 13 | 11 | 2 | $4.4 million |
| 2024 | 6 | 6 | 0 | $2.4 million |
| 2023 | 5 | 5 | 0 | $1.7 million |
| 2022 | 6 | 2 | 4 | $1.3 million |
| 2021 | 2 | 2 | 0 | $542,000 |
| 2020 | 2 | 2 | 0 | $568,000 |
| 2019 | 1 | 1 | 0 | $145,000 |
| 2018 | 3 | 3 | 0 | $471,000 |
| 2017 | 2 | 2 | 0 | $370,000 |
| 2016 | 7 | 3 | 4 | $910,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 2 | 2 | 0 | $425,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $85,000 |
| 2011 | 1 | 1 | 0 | $130,000 |
| 2010 | 1 | 1 | 0 | $150,000 |
| 2009 | 2 | 2 | 0 | $340,000 |
| 2008 | 2 | 2 | 0 | $350,000 |
| 2007 | 6 | 6 | 0 | $734,000 |
| 2006 | 5 | 5 | 0 | $438,000 |
| 2005 | 5 | 5 | 0 | $881,000 |
| 2004 | 3 | 3 | 0 | $675,000 |
| 2003 | 3 | 3 | 0 | $280,000 |
| 2002 | 7 | 7 | 0 | $897,000 |
| 2001 | 7 | 5 | 2 | $675,000 |
| 2000 | 13 | 13 | 0 | $1.5 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Low tax bills, but a high tax rate
The median bill is $3,111, under the Wisconsin median of $3,792, because homes cost less. As a share of value it’s 1.45% a year, against 1.42% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Fall Creek
Only figures published free for the whole country, each labeled with the area it covers: the Eau Claire, WI metro area, or Wisconsin. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 93 | WI 94 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 94 | WI 94 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 91 | WI 90 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | WI 100 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Fall Creek and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Fall Creek | B | $374K | $214K | 1.45% | $1,370 |
Questions about the cost of living in Fall Creek
Is Fall Creek expensive to live in?
Measured against what households in the area earn, Fall Creek costs less than 64% of U.S. towns: a B for cost of living. The typical home costs 2.9 years of the median household income of the Eau Claire, WI metro area ($75K).
How much does a house cost in Fall Creek?
About $374K, Zillow’s typical value for September 2026, up 4.2% in a year. The Wisconsin typical home is $337K.
What salary do you need to live in Fall Creek?
To buy the typical home with 20% down at 6.3%, about $104,000 a year, keeping the payment (about $2,420 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $55,000.
How much is rent in Fall Creek?
HUD puts a two-bedroom at about $1,370 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,046 (Census 2020–24).
What are property taxes in Fall Creek?
The median bill is $3,111 a year, 1.45% of the median home value (Wisconsin: $3,792, 1.42%), from the Census 2020–24.
Are home prices in Fall Creek going up?
Yes: up 4.2% in the past year and 23.1% in five years, against 31.4% across Wisconsin (Zillow).
Neighbors talk housing
What Fall Creek buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.