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Rental Insights for ZIP Code 53546 (Janesville, WI)

Housing Rentals in ZIP Code 53546 (Janesville, WI)

53546 ZIP Code in Wisconsin

A Deep Analysis of Housing Rentals in the ZIP Code 53546

The 53546 ZIP Code is principally located in Janesville, WI in Rock County. The estimated median housing rent in this Wisconsin region is $905 per month. About 27.5% of total housing units in this Rock County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 1.6%.

The median rent in ZIP Code 53546 of $905 per month is 6% higher than the aggregate Wisconsin median monthly rent of $856, and is 15% lower than the $1,062 the median monthly rent in the U.S. overall. About 60.2% of residents in ZIP Code 53546 pay between $500 and $999 per month for rent. That is 5% higher than in Wisconsin overall, in which 57.3% of total state residents pay between $500 and $999 per month for housing. Just 1.4% of ZIP Code 53546 renters pay $3,000 or more for monthly rent.

ZIP Code 53546 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 53546

See the chart below for a comparison of monthly rental costs in ZIP Code 53546, Wisconsin, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 53546 along with those in the state of Wisconsin and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 53546

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 53546 Wisconsin U.S.
Less than $500 4.2% 10.2% 9.4%
$500 to $999 60.2% 57.3% 36.2%
$1,000 to $1,499 31.5% 25.3% 30.0%
$1,500 to $1,999 2.6% 5.2% 14.0%
$2,000 to $2,499 0.0% 1.2% 5.6%
$2,500 to $2,999 0.0% 0.4% 2.4%
$3,000 or more 1.4% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 53546

Renters in ZIP Code 53546 use an estimated 28.83% of their income to cover their monthly rent payments. That is about 2% higher than in Wisconsin overall. The estimate for Wisconsin overall is 28.24% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 53546 renters use about 3% less of their income to cover rent expense. Household income figures for ZIP Code 53546 come in lower than in Wisconsin as a whole. The median annual household income in ZIP Code 53546 of $60,950 sits approximately 1% lower than the overall Wisconsin median income of $61,747 and approximately 3% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 53546

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 53546, Wisconsin, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 53546 along with the same calculations in the state of Wisconsin and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 53546

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 53546 Wisconsin U.S.
Less than 15.0 percent 15.7% 16.3% 13.1%
15.0 to 19.9 percent 13.9% 14.8% 12.9%
20.0 to 24.9 percent 9.2% 13.5% 12.9%
25.0 to 29.9 percent 15.9% 11.4% 11.6%
30.0 to 34.9 percent 9.1% 8.5% 9.1%
35.0 percent or more 36.3% 35.5% 40.5%

Household Income in ZIP Code 53546

See the table below for the regional comparison of annual household income in ZIP Code 53546.

Income ZIP 53546 Wisconsin U.S.
Less than $10,000 3.6% 4.7% 6.0%
$10,000 to $14,999 4.0% 4.3% 4.3%
$15,000 to $24,999 11.0% 9.0% 8.9%
$25,000 to $34,999 8.5% 9.4% 8.9%
$35,000 to $49,999 14.2% 13.3% 12.3%
$50,000 to $74,999 19.8% 18.8% 17.2%
$75,000 to $99,999 18.6% 14.2% 12.7%
$100,000 to $149,999 13.4% 15.8% 15.1%
$150,000 to $199,999 4.1% 5.7% 6.8%
$200,000 or more 2.8% 4.9% 7.7%

Household Income in ZIP Code 53546

See the chart below for a comparison of annual household income figures in ZIP Code 53546, Wisconsin, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 53546 alongside the same figures for the state of Wisconsin and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 53546

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 53546.

ZIP 53546 Wisconsin U.S.
Median Housing Rent $905 $856 $1,062
Renter-Occupied Housing Units 27.5% 33.0% 36.0%
Rental Vacancy Rate 1.6% 4.9% 6.0%
Average Size of Renter-Occupied Unit 2.30 2.15 2.49
Average # of Bedrooms Per Unit 2.81 2.72 2.75
Percent of Income Spent on Rent 28.83% 28.24% 29.83%
Per Capita Income $29,801 $33,375 $34,103
Median Household Income $71,980 $80,674 $88,607
Living Below the Poverty Line 8.7% 7.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 53546

In ZIP Code 53546 (Janesville, WI), and estimated 27.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 1.6%.

The per capita income in 53546 is estimated at $29,801, which goes along with an estimated median household income of $71,980. About 8.7% of residents in this Rock County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.30 occupants, while the units have an aggregate average size of 2.81 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.83% of their income on housing rental costs.

Rental FAQs for ZIP Code 53546

1

What is the median monthly rent in ZIP Code 53546?

Median rent for housing in ZIP Code 53546 in Rock County in Wisconsin is approximately $905 per month.
2

Is it expensive to rent in ZIP Code 53546?

Rent in ZIP Code 53546 is higher than average in the state of Wisconsin overall. The median monthly rent of $905 in ZIP Code 53546 is approximately 6% higher than the Wisconsin median of $856. Additionally, median rent in this Janesville, WI region ($905) is about 15% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 53546?

High-priced rentals are more common in ZIP Code 53546 than in Wisconsin overall. The percentage of rentals in ZIP Code 53546 that cost $3,000 or more per month (1.4%) is about 250% higher than the Wisconsin rate of 0.4% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 42% higher than the aforementioned 53546 rate of 1.4%.
4

Are affordable rentals common in ZIP Code 53546?

Affordable rentals are less common in ZIP Code 53546 than in Wisconsin overall. The percentage of housing rentals in ZIP Code 53546 costing $999 or less per month (64.4%) is approximately 5% lower than the Wisconsin rate of 67.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 41% lower than the previously mentioned 53546 rate of 64.4%.
5

What is the most common cost range that rentals fall into in ZIP Code 53546?

The most common range for rental cost in ZIP Code 53546 is between $500 and $999 per month. About 60.2% of renters in 53546 pay in this range for monthly rent. In comparison, approximately 57.3% of renters in the state of Wisconsin fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 53546 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 53546 is lower than the rental vacancy rate in the state of Wisconsin overall. Rental vacancy of 1.6% in ZIP Code 53546 is about 67% lower than the Wisconsin rate of 4.9%. Looking more broadly, rental vacancy in this Janesville, WI region (1.6%) is an estimated 73% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 53546? How does it compare to other Wisconsin regions?

Median household income in ZIP Code 53546 is lower than in the state of Wisconsin overall. Annual household income of $60,950 in ZIP Code 53546 is about 1% lower than the Wisconsin median of $61,747. Additionally, median household income in this Janesville, WI region ($60,950) is approximately 3% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 53546 spend on housing costs?

Renters in ZIP Code 53546 spend a higher amount of their income on rent costs than do renters in Wisconsin overall. Renters in ZIP Code 53546 spend an estimated 28.83% of their income on rent payments, which is about 2% higher than the overall Wisconsin estimated rate of 28.24%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 3% higher than the ZIP Code 53546 estimated rate of 28.83%.
9

Do renters in ZIP Code 53546 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 53546 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 53546 spending 30 percent or more of their income on rent costs (45.4%) is approximately 3% higher than the Wisconsin rate of 44% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 8% higher than the aforementioned 53546 rate of 45.4%.
10

What is the average household size of renter-occupied units in ZIP Code 53546?

The average household size of renter-occupied units in ZIP Code 53546 is higher than in the state of Wisconsin overall. Annual household size of 2.30 in ZIP Code 53546 is about 7% higher than the Wisconsin median of 2.15. Additionally, median household size in this Janesville, WI region (2.30) is approximately 8% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Wisconsin ZIP Codes