Cost of Living in Janesville, WI
Population: 65,813 • 2026 Data
$71,664
Median Household Income
-7% vs national
$1,037
Median Monthly Rent
-23% vs national
$209,700
Median Home Value
-38% vs national
4.6%
Unemployment Rate
Housing in Janesville
The median home value in Janesville, WI is $209,700. Monthly rent for a typical unit averages $1,037, while total monthly housing costs (including utilities and insurance) average $1,086.
Rent-to-income ratio: 17.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Janesville, WI is $71,664. The unemployment rate stands at 4.6%, with a labor force of 34,746 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.