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Affordable
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These days, finding an affordable place to live in the 54016 area can be challenging. Home prices in 54016 are now at a median cost of $444,617, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,538/mo in 54016, primarily driven by the current value of real estate in the 54016 area. In 54016, 20.41% of households rent, and 26.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 54016 is $9,774 per month. Households that rent pay about 15.74% of their income on rent here. 54016’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 55043, MN: less expensive homes
- 55003, MN: less expensive homes
- 54082, WI: equally priced homes
- 55001, MN: higher priced homes
- 54023, WI: less expensive homes
- 55082, MN: higher priced homes
- 55042, MN: higher priced homes
- 54022, WI: less expensive homes
- 55129, MN: higher priced homes
- 55125, MN: equally priced homes
Zip Codes with Similar Populations
- 07050, NJ: less expensive homes
- 98021, WA: higher priced homes
- 02816, RI: less expensive homes
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- 72956, AR: less expensive homes
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