Location: Green Lake County, WI | Metro: Fond du Lac, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
The ZIP code 53919 stands out due to its unique demographic and economic characteristics. With a total population of 2,292 residents, it has a relatively low rental rate at 17.7%, indicating that most homeowners own their properties outright. The median income in the area is strong at $97,019, which supports a robust housing market. This is further evidenced by the median home value of $300,280, reflecting a community where property values are well above the national average.
Turning to the specifics of Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 53919 in fiscal year 2024 is set at $910. This is notably higher than the market rent, which is recorded at $820 according to the Census ACS. This discrepancy means that landlords who accept Section 8 vouchers can expect to receive slightly more than the typical market rate, making it a favorable option for those willing to participate in the program. However, the relatively low rental rate suggests that there might be limited demand for rental units overall, which could impact the number of tenants seeking Section 8 housing.
The data signature for ZIP 53919 reads as stable. The high median income and median home value indicate a community with financial stability and a preference for homeownership. While the voucher economics present an opportunity for landlords to potentially command rents above the market rate, the low percentage of renters implies a steady but possibly limited pool of Section 8 participants. Landlords should consider these factors when deciding whether to accept Section 8 vouchers, weighing the benefits against the potential challenges of finding tenants in a predominantly owner-occupied area.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.