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Rental Insights for ZIP Code 54728 (Chetek, WI)

Housing Rentals in ZIP Code 54728 (Chetek, WI)

54728 ZIP Code in Wisconsin

A Deep Analysis of Housing Rentals in the ZIP Code 54728

The 54728 ZIP Code is principally located in Chetek, WI in Barron County. This Wisconsin region has an estimated median housing rent of $713 per month. Approximately 15.5% of housing units in this Barron County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 9.7%.

The median rent in ZIP Code 54728 of $713 per month is 17% lower than the aggregate Wisconsin median monthly rent of $856, and is 33% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 71.8% of residents in ZIP Code 54728 pay between $500 and $999 per month for rent. That is 25% higher than in Wisconsin overall, in which 57.3% of total state residents pay between $500 and $999 per month for housing. Only 13.3% of renters in this Chetek, WI region pay less than $500 per month for rent.

ZIP Code 54728 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 54728

See the chart below for a comparison of monthly rental costs in ZIP Code 54728, Wisconsin, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 54728 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 54728

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

Cost ZIP 54728 Wisconsin U.S.
Less than $500 13.3% 10.2% 9.4%
$500 to $999 71.8% 57.3% 36.2%
$1,000 to $1,499 15.0% 25.3% 30.0%
$1,500 to $1,999 0.0% 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 54728

Renters in ZIP Code 54728 use an estimated 25.72% of their income to cover their monthly rent payments. That is about 9% 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 54728 renters use about 14% less of their income to cover rent expense. Household income figures for ZIP Code 54728 come in lower than in Wisconsin as a whole. The median annual household income in ZIP Code 54728 of $56,399 sits approximately 9% lower than the overall Wisconsin median income of $61,747 and approximately 10% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 54728

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 54728, 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 54728 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 54728

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

Rent Cost as % of Income ZIP 54728 Wisconsin U.S.
Less than 15.0 percent 20.5% 16.3% 13.1%
15.0 to 19.9 percent 18.7% 14.8% 12.9%
20.0 to 24.9 percent 5.6% 13.5% 12.9%
25.0 to 29.9 percent 22.8% 11.4% 11.6%
30.0 to 34.9 percent 8.6% 8.5% 9.1%
35.0 percent or more 23.7% 35.5% 40.5%

Household Income in ZIP Code 54728

See the table below for the regional comparison of annual household income in ZIP Code 54728.

Income ZIP 54728 Wisconsin U.S.
Less than $10,000 3.6% 4.7% 6.0%
$10,000 to $14,999 3.9% 4.3% 4.3%
$15,000 to $24,999 12.5% 9.0% 8.9%
$25,000 to $34,999 9.8% 9.4% 8.9%
$35,000 to $49,999 14.3% 13.3% 12.3%
$50,000 to $74,999 23.5% 18.8% 17.2%
$75,000 to $99,999 14.8% 14.2% 12.7%
$100,000 to $149,999 13.4% 15.8% 15.1%
$150,000 to $199,999 2.2% 5.7% 6.8%
$200,000 or more 2.1% 4.9% 7.7%

Household Income in ZIP Code 54728

See the chart below for a comparison of annual household income figures in ZIP Code 54728, Wisconsin, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 54728 alongside the same figures for the state of Wisconsin and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 54728

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 54728.

ZIP 54728 Wisconsin U.S.
Median Housing Rent $713 $856 $1,062
Renter-Occupied Housing Units 15.5% 33.0% 36.0%
Rental Vacancy Rate 9.7% 4.9% 6.0%
Average Size of Renter-Occupied Unit 2.16 2.15 2.49
Average # of Bedrooms Per Unit 2.66 2.72 2.75
Percent of Income Spent on Rent 25.72% 28.24% 29.83%
Per Capita Income $28,799 $33,375 $34,103
Median Household Income $67,497 $80,674 $88,607
Living Below the Poverty Line 5.3% 7.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 54728

In ZIP Code 54728 (Chetek, WI), and estimated 15.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 9.7%.

The per capita income in 54728 is estimated at $28,799, which goes along with an estimated median household income of $67,497. About 5.3% of residents in this Barron County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.16 occupants, while the units have an aggregate average size of 2.66 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.72% of their income on housing rental costs.

Rental FAQs for ZIP Code 54728

1

What is the median monthly rent in ZIP Code 54728?

Median rent for housing in ZIP Code 54728 in Barron County in Wisconsin is approximately $713 per month.
2

Is it expensive to rent in ZIP Code 54728?

Rent in ZIP Code 54728 is lower than average in the state of Wisconsin overall. The median monthly rent of $713 in ZIP Code 54728 is approximately 17% lower than the Wisconsin median of $856. Additionally, median rent in this Chetek, WI region ($713) is about 33% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 54728?

High-priced rentals are not common in the Chetek, WI ZIP Code of 54728, 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 54728?

Affordable rentals are more common in ZIP Code 54728 than in Wisconsin overall. The percentage of housing rentals in ZIP Code 54728 costing $999 or less per month (85.1%) is approximately 26% 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 87% lower than the previously mentioned 54728 rate of 85.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 54728?

The most common range for rental cost in ZIP Code 54728 is between $500 and $999 per month. About 71.8% of renters in 54728 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 54728 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 54728 is higher than the rental vacancy rate in the state of Wisconsin overall. Rental vacancy of 9.7% in ZIP Code 54728 is about 98% higher than the Wisconsin rate of 4.9%. Looking more broadly, rental vacancy in this Chetek, WI region (9.7%) is an estimated 62% 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 54728? How does it compare to other Wisconsin regions?

Median household income in ZIP Code 54728 is lower than in the state of Wisconsin overall. Annual household income of $56,399 in ZIP Code 54728 is about 9% lower than the Wisconsin median of $61,747. Additionally, median household income in this Chetek, WI region ($56,399) is approximately 10% 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 54728 spend on housing costs?

Renters in ZIP Code 54728 spend a lower amount of their income on rent costs than do renters in Wisconsin overall. Renters in ZIP Code 54728 spend an estimated 25.72% of their income on rent payments, which is about 9% 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 14% higher than the ZIP Code 54728 estimated rate of 25.72%.
9

Do renters in ZIP Code 54728 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 54728 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 54728 spending 30 percent or more of their income on rent costs (32.3%) is approximately 27% 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 35% higher than the aforementioned 54728 rate of 32.3%.
10

What is the average household size of renter-occupied units in ZIP Code 54728?

The average household size of renter-occupied units in ZIP Code 54728 is higher than in the state of Wisconsin overall. Annual household size of 2.16 in ZIP Code 54728 is about 0% higher than the Wisconsin median of 2.15. Additionally, median household size in this Chetek, WI region (2.16) is approximately 13% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Wisconsin ZIP Codes