Location: Waushara County, WI | Metro: Waushara County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The ZIP code 54967 is situated in a rural neighborhood characterized by a small population of 497 residents. With only 20.1% of the residents being renters, the area has a predominantly owner-occupied housing stock. The median income for the area stands at $51,555, indicating a modest economic base. Notably, the median home value is not available, which could suggest either a lack of comprehensive data or a unique housing market dynamic where home values are not uniformly reported.
Transitioning into the rent economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,120, whereas the actual market rent based on Census ACS data is significantly lower at $515 per month. This disparity highlights an opportunity for landlords and small-portfolio investors who can leverage the lower market rents to attract tenants while benefiting from the higher reimbursement rates offered by the Section 8 program.
Given these characteristics, ZIP 54967 is well-suited for both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the modest income levels and lower market rents provide a stable environment for receiving consistent rental payments through the Section 8 program. On the other hand, value-add buyers might find opportunities to improve properties and potentially increase their rental income closer to the FMR without alienating the local tenant base. However, due to the low percentage of renters, it's crucial to consider the potential demand for rental properties and the competition within this niche market.
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.