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Elkhart Lake village, WI

ZIP 53020 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 53020

Median Home Value
$322,700
Median Rent
$881
Affordability Snapshot
$89,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,073/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

30.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 53020 in Elkhart Lake village, WI, a household would need roughly $89,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,073. That is roughly in line with the local median household income ($90,536). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.8%+33% vs US avg
x
Vacancy Rate
18.7%+81% vs US avg
x
Broadband Access
92.1%+6% vs US avg
x
4+ Bedrooms
6.5%-56% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
1.2%-82% vs US avg
x
Rent Burden >30%
11.5%-77% vs US avg
x
Mortgage-Free
46.8%+22% vs US avg
x
$322,700
Home Value
$881
Rent
1974
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.7%
  • 1-unit attached7.3%
  • 2-9 units15.5%
  • 10+ units0.7%
  • Mobile home & other0.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$322,700
Median rent$881
Owner-occupied86.8%
Vacant18.7%
Price-to-income3.6x
Est. income to buy$89,000