Location: Oneida County, WI | Metro: Langlade County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
The ZIP code 54435 stands out within its county due to its relatively low population of 2,122 residents, where only 12.5% rent their homes. This indicates a primarily owner-occupied community with a median income of $83,125, suggesting a middle-class demographic. The median home value in this area is notably high at $247,247, which reflects a stable housing market and potentially higher property values compared to surrounding areas.
Moving into the specifics of Section 8 economics, the Fair Market Rent (FMR) for ZIP 54435 is set at $960 for fiscal year 2024, while the market rent, based on Census American Community Survey (ACS) data, is $769. This $191 difference between FMR and market rent suggests that landlords in this ZIP code could benefit financially from participating in the Section 8 program, as they would receive higher rental rates than the local market average.
The data signature for ZIP 54435 reads as stable. With a high median home value and a modest percentage of renters, it appears that the majority of residents are long-term homeowners, which contributes to a steady and predictable housing environment. However, the presence of a Section 8 program that offers above-market rents can attract both new tenants and landlords looking to capitalize on these economic opportunities. This dynamic interaction between the stable housing market and the potential for increased rental income through the Section 8 program positions ZIP 54435 as an attractive investment opportunity for small-portfolio investors and landlords alike.
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.