Location: Taylor County, WI | Metro: Wausau, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The ZIP code 54425 encompasses a small, tight-knit community with a total population of 1,988. Renters make up 26.9% of the residents, indicating a predominantly owner-occupied environment. The median household income here is $63,424, reflecting a middle-class demographic. Median home values stand at $210,072, suggesting that property ownership is accessible but not without financial commitment.
When it comes to rental economics, the Fair Market Rent (FMR) for ZIP 54425 in fiscal year 2024 is set at $910. In contrast, the actual market rent based on Census ACS data is $851. This discrepancy implies a slight premium for properties that qualify under the Section 8 program, which could attract investors looking for stable, government-backed rental income.
Considering these factors, ZIP 54425 would suit a hands-off voucher operator due to the favorable gap between FMR and market rent. However, for a hands-on value-add buyer, the opportunity to increase rents beyond the market rate might be limited. The area's characteristics suggest a focus on maintaining quality properties rather than aggressively raising rents, making it ideal for investors who prioritize steady cash flow over rapid appreciation.
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.