Location: Jackson County, WI | Metro: Clark County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The ZIP code 54754 has a population of 1,308 individuals, with 16.3% being renters. The median household income in this area stands at $58,125. This indicates that the ZIP is primarily a homeowner-dominated area rather than a renter-heavy one, suggesting that the demand for housing vouchers, such as those provided through Section 8, will be relatively lower compared to areas with higher percentages of renters.
The typical market rent in ZIP 54754 is $828 per month. Given the median household income, this means that the average rent consumes approximately 14.2% of the local income. To calculate this, we divide the market rent ($828) by the median household income ($58,125), then multiply by 100 to get the percentage. This figure is derived directly from the provided data.
When comparing the market rent to the Fair Market Rent (FMR) of $1,020, which is set for FY 2026 in the metropolitan area, it's clear that the market rent in ZIP 54754 is below the FMR. This discrepancy suggests that landlords in this ZIP can potentially receive a higher subsidy amount per tenant under the Section 8 program, as the FMR is used to determine the maximum rent a landlord can charge.
A landlord in ZIP 54754 should expect tenants who are likely to be utilizing their vouchers to cover a significant portion of their rental costs. These tenants will have incomes at or below 50% of the area median income, as required by the Section 8 program. The expected tenant profile would include individuals and families whose total monthly income does not exceed $29,062.50, which is half of the median household income of $58,125. They will be seeking affordable housing options that align with the $828 market rent, making use of their vouchers to bridge any financial gaps.
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.