Location: Trempealeau County, WI | Metro: Eau Claire, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
The ZIP code 54755 is situated in a neighborhood characterized by a relatively small population of 7,389 residents, where 26.7% of the inhabitants are renters. The median household income in this area stands at $72,564, indicating a middle-class community. The median home value is notably high at $276,136, suggesting that homeownership is a significant factor in the local economy.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for ZIP 54755 as of fiscal year 2024 is set at $940. This figure, established by HUD for determining the amount of Section 8 vouchers, is slightly higher than the average market rent reported by the Census Bureau's American Community Survey (ACS), which is $914. This discrepancy means that landlords participating in the Section 8 program can expect to receive a rent that is marginally above the typical market rate, providing a small buffer against potential revenue shortfalls.
Given these economic conditions, ZIP 54755 is well-suited for both hands-off voucher operators and hands-on value-add buyers. For those preferring a passive investment approach, the slightly elevated FMR compared to market rent ensures a steady income stream without the need for constant tenant turnover or property management. Meanwhile, active investors looking to improve property values could leverage the strong median home value and middle-class income levels to attract tenants willing to pay closer to the FMR, thereby potentially increasing their net operating income over time.
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.