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Rental Insights for ZIP Code 53560 (Mazomanie, WI)

Housing Rentals in ZIP Code 53560 (Mazomanie, WI)

53560 ZIP Code in Wisconsin

A Deep Analysis of Housing Rentals in the ZIP Code 53560

The 53560 ZIP Code is principally located in Mazomanie, WI in Dane County. The estimated median housing rent in this Wisconsin region is $818 per month. About 22.5% of total housing units in this Dane County ZIP Code are occupied by renters, while the estimated rental vacancy rate is zero.

The median rent in ZIP Code 53560 of $818 per month is 4% lower than the aggregate Wisconsin median monthly rent of $856, and is 23% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 67.0% of residents in ZIP Code 53560 have a monthly rent payment between $500 and $999. That is 17% higher than in Wisconsin overall, in which 57.3% of total state residents pay between $500 and $999 per month for housing. Just 0.9% of ZIP Code 53560 renters pay between $2,500 and $2,999 for monthly rent.

ZIP Code 53560 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 53560

See the chart below for a comparison of monthly rental costs in ZIP Code 53560, Wisconsin, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 53560 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 53560

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

Cost ZIP 53560 Wisconsin U.S.
Less than $500 8.3% 10.2% 9.4%
$500 to $999 67.0% 57.3% 36.2%
$1,000 to $1,499 16.2% 25.3% 30.0%
$1,500 to $1,999 7.6% 5.2% 14.0%
$2,000 to $2,499 0.0% 1.2% 5.6%
$2,500 to $2,999 0.9% 0.4% 2.4%
$3,000 or more 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 53560

Renters in ZIP Code 53560 use an estimated 27.46% of their income to cover their monthly rent payments. That is about 3% lower 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 53560 renters use about 8% less of their income to cover rent expense. Household income figures for ZIP Code 53560 come in higher than in Wisconsin as a whole. The median annual household income in ZIP Code 53560 of $71,346 sits approximately 16% higher than the overall Wisconsin median income of $61,747 and approximately 14% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 53560

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 53560, 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 53560 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 53560

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

Rent Cost as % of Income ZIP 53560 Wisconsin U.S.
Less than 15.0 percent 16.2% 16.3% 13.1%
15.0 to 19.9 percent 9.5% 14.8% 12.9%
20.0 to 24.9 percent 19.3% 13.5% 12.9%
25.0 to 29.9 percent 19.6% 11.4% 11.6%
30.0 to 34.9 percent 6.4% 8.5% 9.1%
35.0 percent or more 29.1% 35.5% 40.5%

Household Income in ZIP Code 53560

See the table below for the regional comparison of annual household income in ZIP Code 53560.

Income ZIP 53560 Wisconsin U.S.
Less than $10,000 5.7% 4.7% 6.0%
$10,000 to $14,999 2.0% 4.3% 4.3%
$15,000 to $24,999 6.5% 9.0% 8.9%
$25,000 to $34,999 7.1% 9.4% 8.9%
$35,000 to $49,999 11.7% 13.3% 12.3%
$50,000 to $74,999 20.5% 18.8% 17.2%
$75,000 to $99,999 15.6% 14.2% 12.7%
$100,000 to $149,999 18.3% 15.8% 15.1%
$150,000 to $199,999 6.3% 5.7% 6.8%
$200,000 or more 6.2% 4.9% 7.7%

Household Income in ZIP Code 53560

See the chart below for a comparison of annual household income figures in ZIP Code 53560, Wisconsin, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 53560 alongside the same figures for the state of Wisconsin and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 53560

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 53560.

ZIP 53560 Wisconsin U.S.
Median Housing Rent $818 $856 $1,062
Renter-Occupied Housing Units 22.5% 33.0% 36.0%
Rental Vacancy Rate 0.0% 4.9% 6.0%
Average Size of Renter-Occupied Unit 2.06 2.15 2.49
Average # of Bedrooms Per Unit 2.94 2.72 2.75
Percent of Income Spent on Rent 27.46% 28.24% 29.83%
Per Capita Income $37,301 $33,375 $34,103
Median Household Income $89,277 $80,674 $88,607
Living Below the Poverty Line 6.1% 7.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 53560

In ZIP Code 53560 (Mazomanie, WI), and estimated 22.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 53560 is estimated at $37,301, which goes along with an estimated median household income of $89,277. About 6.1% of residents in this Dane County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.06 occupants, while the units have an aggregate average size of 2.94 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.46% of their income on housing rental costs.

Rental FAQs for ZIP Code 53560

1

What is the median monthly rent in ZIP Code 53560?

Median rent for housing in ZIP Code 53560 in Dane County in Wisconsin is approximately $818 per month.
2

Is it expensive to rent in ZIP Code 53560?

Rent in ZIP Code 53560 is lower than average in the state of Wisconsin overall. The median monthly rent of $818 in ZIP Code 53560 is approximately 4% lower than the Wisconsin median of $856. Additionally, median rent in this Mazomanie, WI region ($818) is about 23% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 53560?

High-priced rentals are not common in the Mazomanie, WI ZIP Code of 53560, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Wisconsin overall, approximately 0.4% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 53560?

Affordable rentals are more common in ZIP Code 53560 than in Wisconsin overall. The percentage of housing rentals in ZIP Code 53560 costing $999 or less per month (75.3%) is approximately 12% higher 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 65% lower than the previously mentioned 53560 rate of 75.3%.
5

What is the most common cost range that rentals fall into in ZIP Code 53560?

The most common range for rental cost in ZIP Code 53560 is between $500 and $999 per month. About 67.0% of renters in 53560 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 53560 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 53560 is lower than the rental vacancy rate in the state of Wisconsin overall. Rental vacancy of 0.0% in ZIP Code 53560 is about 100% lower than the Wisconsin rate of 4.9%. Looking more broadly, rental vacancy in this Mazomanie, WI region (0.0%) is an estimated 100% 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 53560? How does it compare to other Wisconsin regions?

Median household income in ZIP Code 53560 is higher than in the state of Wisconsin overall. Annual household income of $71,346 in ZIP Code 53560 is about 16% higher than the Wisconsin median of $61,747. Additionally, median household income in this Mazomanie, WI region ($71,346) is approximately 14% higher 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 53560 spend on housing costs?

Renters in ZIP Code 53560 spend a lower amount of their income on rent costs than do renters in Wisconsin overall. Renters in ZIP Code 53560 spend an estimated 27.46% of their income on rent payments, which is about 3% lower 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 8% higher than the ZIP Code 53560 estimated rate of 27.46%.
9

Do renters in ZIP Code 53560 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 53560 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 53560 spending 30 percent or more of their income on rent costs (35.5%) is approximately 19% lower 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 28% higher than the aforementioned 53560 rate of 35.5%.
10

What is the average household size of renter-occupied units in ZIP Code 53560?

The average household size of renter-occupied units in ZIP Code 53560 is lower than in the state of Wisconsin overall. Annual household size of 2.06 in ZIP Code 53560 is about 4% lower than the Wisconsin median of 2.15. Additionally, median household size in this Mazomanie, WI region (2.06) is approximately 17% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Wisconsin ZIP Codes