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Rental Insights for ZIP Code 54763 (Ridgeland, WI)

Housing Rentals in ZIP Code 54763 (Ridgeland, WI)

54763 ZIP Code in Wisconsin

A Deep Analysis of Housing Rentals in the ZIP Code 54763

The 54763 ZIP Code is principally located in Ridgeland, WI in Dunn County. This Wisconsin region has an estimated median housing rent of $625 per month. Approximately 18.4% of housing units in this Dunn County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 10.5%.

The median rent in ZIP Code 54763 of $625 per month is 27% lower than the aggregate Wisconsin median monthly rent of $856, and is 41% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 67.7% of residents in ZIP Code 54763 have a monthly rent payment between $500 and $999. That is 18% higher than in Wisconsin overall, in which 57.3% of total state residents pay between $500 and $999 per month for housing. Only 13.8% of renters in this Ridgeland, WI region pay between $1,000 and $1,499 per month for rent.

ZIP Code 54763 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 54763

See the chart below for a comparison of monthly rental costs in ZIP Code 54763, Wisconsin, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 54763 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 54763

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

Cost ZIP 54763 Wisconsin U.S.
Less than $500 18.5% 10.2% 9.4%
$500 to $999 67.7% 57.3% 36.2%
$1,000 to $1,499 13.8% 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 54763

Renters in ZIP Code 54763 use an estimated 26.21% of their income to cover their monthly rent payments. That is about 7% 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 54763 renters use about 12% less of their income to cover rent expense. Household income figures for ZIP Code 54763 come in lower than in Wisconsin as a whole. The median annual household income in ZIP Code 54763 of $55,268 sits approximately 10% lower than the overall Wisconsin median income of $61,747 and approximately 12% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 54763

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 54763, 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 54763 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 54763

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

Rent Cost as % of Income ZIP 54763 Wisconsin U.S.
Less than 15.0 percent 21.5% 16.3% 13.1%
15.0 to 19.9 percent 16.9% 14.8% 12.9%
20.0 to 24.9 percent 16.9% 13.5% 12.9%
25.0 to 29.9 percent 6.2% 11.4% 11.6%
30.0 to 34.9 percent 7.7% 8.5% 9.1%
35.0 percent or more 30.8% 35.5% 40.5%

Household Income in ZIP Code 54763

See the table below for the regional comparison of annual household income in ZIP Code 54763.

Income ZIP 54763 Wisconsin U.S.
Less than $10,000 2.8% 4.7% 6.0%
$10,000 to $14,999 5.6% 4.3% 4.3%
$15,000 to $24,999 10.6% 9.0% 8.9%
$25,000 to $34,999 10.2% 9.4% 8.9%
$35,000 to $49,999 16.2% 13.3% 12.3%
$50,000 to $74,999 18.6% 18.8% 17.2%
$75,000 to $99,999 14.5% 14.2% 12.7%
$100,000 to $149,999 12.7% 15.8% 15.1%
$150,000 to $199,999 5.4% 5.7% 6.8%
$200,000 or more 3.5% 4.9% 7.7%

Household Income in ZIP Code 54763

See the chart below for a comparison of annual household income figures in ZIP Code 54763, Wisconsin, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 54763 alongside the same figures for the state of Wisconsin and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 54763

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 54763.

ZIP 54763 Wisconsin U.S.
Median Housing Rent $625 $856 $1,062
Renter-Occupied Housing Units 18.4% 33.0% 36.0%
Rental Vacancy Rate 10.5% 4.9% 6.0%
Average Size of Renter-Occupied Unit 2.38 2.15 2.49
Average # of Bedrooms Per Unit 2.95 2.72 2.75
Percent of Income Spent on Rent 26.21% 28.24% 29.83%
Per Capita Income $29,291 $33,375 $34,103
Median Household Income $73,211 $80,674 $88,607
Living Below the Poverty Line 10.1% 7.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 54763

In ZIP Code 54763 (Ridgeland, WI), and estimated 18.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 10.5%.

The per capita income in 54763 is estimated at $29,291, which goes along with an estimated median household income of $73,211. About 10.1% of residents in this Dunn County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.38 occupants, while the units have an aggregate average size of 2.95 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 26.21% of their income on housing rental costs.

Rental FAQs for ZIP Code 54763

1

What is the median monthly rent in ZIP Code 54763?

Median rent for housing in ZIP Code 54763 in Dunn County in Wisconsin is approximately $625 per month.
2

Is it expensive to rent in ZIP Code 54763?

Rent in ZIP Code 54763 is lower than average in the state of Wisconsin overall. The median monthly rent of $625 in ZIP Code 54763 is approximately 27% lower than the Wisconsin median of $856. Additionally, median rent in this Ridgeland, WI region ($625) is about 41% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 54763?

High-priced rentals are not common in the Ridgeland, WI ZIP Code of 54763, 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 54763?

Affordable rentals are more common in ZIP Code 54763 than in Wisconsin overall. The percentage of housing rentals in ZIP Code 54763 costing $999 or less per month (86.2%) is approximately 28% 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 89% lower than the previously mentioned 54763 rate of 86.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 54763?

The most common range for rental cost in ZIP Code 54763 is between $500 and $999 per month. About 67.7% of renters in 54763 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 54763 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 54763 is higher than the rental vacancy rate in the state of Wisconsin overall. Rental vacancy of 10.5% in ZIP Code 54763 is about 114% higher than the Wisconsin rate of 4.9%. Looking more broadly, rental vacancy in this Ridgeland, WI region (10.5%) is an estimated 75% 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 54763? How does it compare to other Wisconsin regions?

Median household income in ZIP Code 54763 is lower than in the state of Wisconsin overall. Annual household income of $55,268 in ZIP Code 54763 is about 10% lower than the Wisconsin median of $61,747. Additionally, median household income in this Ridgeland, WI region ($55,268) is approximately 12% 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 54763 spend on housing costs?

Renters in ZIP Code 54763 spend a lower amount of their income on rent costs than do renters in Wisconsin overall. Renters in ZIP Code 54763 spend an estimated 26.21% of their income on rent payments, which is about 7% 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 12% higher than the ZIP Code 54763 estimated rate of 26.21%.
9

Do renters in ZIP Code 54763 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 54763 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 54763 spending 30 percent or more of their income on rent costs (38.5%) is approximately 13% 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 22% higher than the aforementioned 54763 rate of 38.5%.
10

What is the average household size of renter-occupied units in ZIP Code 54763?

The average household size of renter-occupied units in ZIP Code 54763 is higher than in the state of Wisconsin overall. Annual household size of 2.38 in ZIP Code 54763 is about 11% higher than the Wisconsin median of 2.15. Additionally, median household size in this Ridgeland, WI region (2.38) is approximately 4% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Wisconsin ZIP Codes