Location: Marinette County, WI | Metro: Florence County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The ZIP code 54151 stands out due to its unique demographic and economic characteristics. With a population of 3,411 residents, it has a rental rate of 15.1%, indicating that a significant portion of the housing stock is owner-occupied. The median income here is $69,511, reflecting a middle-class community, while the median home value is notably higher at $180,841. This suggests that homeownership is valued and financially accessible for many in the area.
Moving into the specifics of voucher economics, the Fair Market Rent (FMR) for ZIP 54151 in fiscal year 2026 is set at $1,070. However, the actual market rent, as per the Census American Community Survey (ACS), is significantly lower at $799. This discrepancy means that landlords who accept Section 8 vouchers can expect to receive higher rents compared to the local market average. The gap between FMR and market rent presents an opportunity for landlords to leverage government subsidies to achieve better returns on their investments.
The data signature for ZIP 54151 indicates a stable environment. The relatively high median home value coupled with a moderate rental rate suggests a community where property values are unlikely to fluctuate drastically. For landlords and small-portfolio investors, this stability translates into predictable cash flows and reduced risk. Moreover, the consistent income levels support a steady demand for both rental and owned properties, making it a reliable location for investment.
In summary, ZIP 54151 offers a balanced mix of demographics and economic conditions that make it attractive for those interested in Section 8 investments. Landlords can benefit from the higher FMR compared to the local market rent, while the overall stability of the area provides a solid foundation for long-term real estate investments.
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.