Measured against area pay, Oakfield costs less to live in than 70% of U.S. towns
Up 2.7% in a year, close to the Wisconsin typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Fond du Lac, WI metro area ($74K). How TownRatings grades cost of living
Only 1 sale 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 Fond du Lac metro earn ($74K, Census 2020–24). The typical home costs 3.2 years of metro income, and 45% of renters pay 30% or more of income for housing.
In dollars
- $334Ktypical home, 1% below the Wisconsin typical homeZillow, September 2026
- $1,150a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 92prices across the Fond du Lac metro, where the U.S. is 100 (housing 67)BEA Regional Price Parities, 2024
In paychecks the grade
- 3.2 yrsof area income buys the typical home; the typical U.S. town: 3.3$74K, Fond du Lac-area income
- 14%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 10%of owners do; the typical U.S. town: 20%Census 2020–24
What’s behind Oakfield’s grade
Measured against what households in the area earn, Oakfield is more affordable than 70% of U.S. towns. Property tax pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Prices here have kept pace with Wisconsin: up 33.0% in five years, against 31.4% statewide (Zillow).
Up 33% in five years
About the same pace as Wisconsin (31.4%).
Show as a table
| January | Oakfield | Wisconsin |
|---|---|---|
| 2017 | $170,000 | $178,000 |
| 2018 | $186,000 | $188,000 |
| 2019 | $195,000 | $200,000 |
| 2020 | $208,000 | $213,000 |
| 2021 | $229,000 | $235,000 |
| 2022 | $255,000 | $260,000 |
| 2023 | $275,000 | $279,000 |
| 2024 | $295,000 | $296,000 |
| 2025 | $313,000 | $314,000 |
| 2026 | $331,000 | $330,000 |
| September 2026 | $334,000 | $337,000 |
A typical Oakfield home worth $167K in October 2016 is worth about $334K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A year’s rent takes 14% of area income
The calculator starts from the area income the grade uses. Switch to Oakfield’s own median, or type yours.
That’s $75K short of a typical Oakfield home.
A two-bedroom rents for about $1,150 a month here, $1,080 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Oakfield’s typical property tax (1.71% 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 $1,150
Renters already here pay a median of $837, 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 (Fond du Lac, WI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in Oakfield in 2025. That's 0.8 per 1,000 residents, slower than across Wisconsin (4.3). Over the past 10 years, Oakfield has permitted 23 homes in all.
Between the 2010 and 2020 censuses, Oakfield's population fell by 23 even though 21 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 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) | 1 | 1 | 0 | $341,000 |
| 2025 | 1 | 1 | 0 | $341,000 |
| 2024 | 1 | 1 | 0 | $321,000 |
| 2023 | 2 | 2 | 0 | $720,000 |
| 2022 | 1 | 1 | 0 | $290,000 |
| 2021 | 4 | 4 | 0 | $980,000 |
| 2020 | 2 | 2 | 0 | $525,000 |
| 2019 | 3 | 3 | 0 | $534,000 |
| 2018 | 5 | 5 | 0 | $1.2 million |
| 2017 | 2 | 2 | 0 | $410,000 |
| 2016 | 2 | 2 | 0 | $390,000 |
| 2015 | 1 | 1 | 0 | $140,000 |
| 2014 | 1 | 1 | 0 | $130,000 |
| 2013 | 1 | 1 | 0 | $217,000 |
| 2012 | 2 | 2 | 0 | $245,000 |
| 2011 | 2 | 2 | 0 | $245,000 |
| 2010 | 2 | 2 | 0 | $310,000 |
| 2009 | 3 | 3 | 0 | $330,000 |
| 2008 | 2 | 2 | 0 | $200,000 |
| 2007 | 1 | 1 | 0 | $190,000 |
| 2006 | 5 | 5 | 0 | $895,000 |
| 2005 | 3 | 3 | 0 | $420,000 |
| 2004 | 6 | 6 | 0 | $935,000 |
| 2003 | 2 | 2 | 0 | $353,000 |
| 2002 | 2 | 2 | 0 | $310,000 |
| 2001 | 5 | 5 | 0 | $648,000 |
| 2000 | 6 | 6 | 0 | $710,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs above the Wisconsin norm
The median bill is $4,106 (Wisconsin: $3,792), 1.71% of a home’s value 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 Oakfield
Only figures published free for the whole country, each labeled with the area it covers: the Fond du Lac, 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 | 92 | 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.
Oakfield 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 |
|---|---|---|---|---|---|
| Oakfield | B+ | $334K | $241K | 1.71% | $1,150 |
Questions about the cost of living in Oakfield
Is Oakfield expensive to live in?
Measured against what households in the area earn, Oakfield costs less than 70% of U.S. towns: a B+ for cost of living. The typical home costs 3.2 years of the median household income of the Fond du Lac, WI metro area ($74K).
How much does a house cost in Oakfield?
About $334K, Zillow’s typical value for September 2026, up 2.7% in a year. The Wisconsin typical home is $337K.
What salary do you need to live in Oakfield?
To buy the typical home with 20% down at 6.3%, about $95,000 a year, keeping the payment (about $2,230 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $46,000.
How much is rent in Oakfield?
HUD puts a two-bedroom at about $1,150 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $837 (Census 2020–24).
What are property taxes in Oakfield?
The median bill is $4,106 a year, 1.71% of the median home value (Wisconsin: $3,792, 1.42%), from the Census 2020–24.
Are home prices in Oakfield going up?
Yes: up 2.7% in the past year and 33.0% in five years, against 31.4% across Wisconsin (Zillow).
Neighbors talk housing
What Oakfield 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.