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Rental Insights for ZIP Code 53929 (Elroy, WI)

Housing Rentals in ZIP Code 53929 (Elroy, WI)

53929 ZIP Code in Wisconsin

A Deep Analysis of Housing Rentals in the ZIP Code 53929

The 53929 ZIP Code is principally located in Elroy, WI in Juneau County. The estimated median housing rent in this Wisconsin region is $643 per month. About 26.7% of housing units in this Juneau County ZIP Code are renter-occupied. Additionally, the region has an approximate rental vacancy rate of 7.1%.

The median rent in ZIP Code 53929 of $643 per month is 25% lower than the aggregate Wisconsin median monthly rent of $856, and is 39% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 61.2% of residents in ZIP Code 53929 pay between $500 and $999 per month for rent. That is 7% higher than in Wisconsin overall, in which 57.3% of total state residents pay between $500 and $999 per month for housing. Just 2.7% of renters in ZIP Code 53929 pay between $1,500 and $1,999 per month for housing.

ZIP Code 53929 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 53929

See the chart below for a comparison of monthly rental costs in ZIP Code 53929, Wisconsin, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 53929 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 53929

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

Cost ZIP 53929 Wisconsin U.S.
Less than $500 29.6% 10.2% 9.4%
$500 to $999 61.2% 57.3% 36.2%
$1,000 to $1,499 6.5% 25.3% 30.0%
$1,500 to $1,999 2.7% 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 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 53929

Renters in ZIP Code 53929 use an estimated 23.12% of their income to cover their monthly rent payments. That is about 18% 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 53929 renters use about 22% less of their income to cover rent expense. Household income figures for ZIP Code 53929 come in lower than in Wisconsin as a whole. The median annual household income in ZIP Code 53929 of $54,153 sits approximately 12% lower than the overall Wisconsin median income of $61,747 and approximately 14% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 53929

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 53929, 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 53929 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 53929

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

Rent Cost as % of Income ZIP 53929 Wisconsin U.S.
Less than 15.0 percent 30.6% 16.3% 13.1%
15.0 to 19.9 percent 15.6% 14.8% 12.9%
20.0 to 24.9 percent 16.7% 13.5% 12.9%
25.0 to 29.9 percent 9.9% 11.4% 11.6%
30.0 to 34.9 percent 7.1% 8.5% 9.1%
35.0 percent or more 20.1% 35.5% 40.5%

Household Income in ZIP Code 53929

See the table below for the regional comparison of annual household income in ZIP Code 53929.

Income ZIP 53929 Wisconsin U.S.
Less than $10,000 4.8% 4.7% 6.0%
$10,000 to $14,999 3.9% 4.3% 4.3%
$15,000 to $24,999 12.6% 9.0% 8.9%
$25,000 to $34,999 8.1% 9.4% 8.9%
$35,000 to $49,999 15.9% 13.3% 12.3%
$50,000 to $74,999 24.1% 18.8% 17.2%
$75,000 to $99,999 15.5% 14.2% 12.7%
$100,000 to $149,999 9.4% 15.8% 15.1%
$150,000 to $199,999 2.7% 5.7% 6.8%
$200,000 or more 3.1% 4.9% 7.7%

Household Income in ZIP Code 53929

See the chart below for a comparison of annual household income figures in ZIP Code 53929, Wisconsin, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 53929 alongside the same figures for the state of Wisconsin and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 53929

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 53929.

ZIP 53929 Wisconsin U.S.
Median Housing Rent $643 $856 $1,062
Renter-Occupied Housing Units 26.7% 33.0% 36.0%
Rental Vacancy Rate 7.1% 4.9% 6.0%
Average Size of Renter-Occupied Unit 2.35 2.15 2.49
Average # of Bedrooms Per Unit 2.9 2.72 2.75
Percent of Income Spent on Rent 23.12% 28.24% 29.83%
Per Capita Income $27,342 $33,375 $34,103
Median Household Income $64,515 $80,674 $88,607
Living Below the Poverty Line 10.0% 7.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 53929

In ZIP Code 53929 (Elroy, WI), and estimated 26.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 7.1%.

The per capita income in 53929 is estimated at $27,342, which goes along with an estimated median household income of $64,515. About 10.0% of residents in this Juneau County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.35 occupants, while the units have an aggregate average size of 2.9 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 23.12% of their income on housing rental costs.

Rental FAQs for ZIP Code 53929

1

What is the median monthly rent in ZIP Code 53929?

Median rent for housing in ZIP Code 53929 in Juneau County in Wisconsin is approximately $643 per month.
2

Is it expensive to rent in ZIP Code 53929?

Rent in ZIP Code 53929 is lower than average in the state of Wisconsin overall. The median monthly rent of $643 in ZIP Code 53929 is approximately 25% lower than the Wisconsin median of $856. Additionally, median rent in this Elroy, WI region ($643) is about 39% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 53929?

High-priced rentals are not common in the Elroy, WI ZIP Code of 53929, 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 53929?

Affordable rentals are more common in ZIP Code 53929 than in Wisconsin overall. The percentage of housing rentals in ZIP Code 53929 costing $999 or less per month (90.8%) is approximately 35% 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 99% lower than the previously mentioned 53929 rate of 90.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 53929?

The most common range for rental cost in ZIP Code 53929 is between $500 and $999 per month. About 61.2% of renters in 53929 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 53929 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 53929 is higher than the rental vacancy rate in the state of Wisconsin overall. Rental vacancy of 7.1% in ZIP Code 53929 is about 45% higher than the Wisconsin rate of 4.9%. Looking more broadly, rental vacancy in this Elroy, WI region (7.1%) is an estimated 18% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 53929? How does it compare to other Wisconsin regions?

Median household income in ZIP Code 53929 is lower than in the state of Wisconsin overall. Annual household income of $54,153 in ZIP Code 53929 is about 12% lower than the Wisconsin median of $61,747. Additionally, median household income in this Elroy, WI region ($54,153) is approximately 14% 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 53929 spend on housing costs?

Renters in ZIP Code 53929 spend a lower amount of their income on rent costs than do renters in Wisconsin overall. Renters in ZIP Code 53929 spend an estimated 23.12% of their income on rent payments, which is about 18% 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 22% higher than the ZIP Code 53929 estimated rate of 23.12%.
9

Do renters in ZIP Code 53929 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 53929 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 53929 spending 30 percent or more of their income on rent costs (27.2%) is approximately 38% 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 45% higher than the aforementioned 53929 rate of 27.2%.
10

What is the average household size of renter-occupied units in ZIP Code 53929?

The average household size of renter-occupied units in ZIP Code 53929 is higher than in the state of Wisconsin overall. Annual household size of 2.35 in ZIP Code 53929 is about 9% higher than the Wisconsin median of 2.15. Additionally, median household size in this Elroy, WI region (2.35) is approximately 6% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Wisconsin ZIP Codes