Location: Oconto County, WI | Metro: Oconto County, WI HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,570 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,570 | $479,834 | 0.33% | F |
U.S. Census Bureau data (2024)
The ZIP code 54171 stands out due to its unique demographic and economic characteristics. With a population of 4,024 residents, only 1.3% of whom rent their homes, it reflects a predominantly owner-occupied area. The median household income here is notably high at $113,698, indicating a relatively affluent community. Furthermore, the median home value is substantial, reaching $475,625, which suggests that homeownership is both a significant investment and a common practice among the residents.
In the context of Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 54171 has been set at $1,030 for fiscal year 2024. However, the market rent data is currently unavailable, making it difficult to directly compare the FMR against local rental rates. This lack of market rent data could imply that rental properties are scarce in this area, aligning with the low percentage of renters. For landlords and small-portfolio investors considering participation in the Section 8 program, the fixed FMR rate provides a clear benchmark for rental pricing.
The data signature of ZIP 54171 reads as stable, with a strong indication of a homeowner-centric community supported by high median incomes and home values. This stability suggests that any changes in the housing market would likely be gradual and predictable, providing a reliable environment for long-term investments. For those interested in the Section 8 program, the scarcity of rental properties and the fixed FMR rate present a clear, albeit limited, opportunity within this ZIP code.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.