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Salem Lakes village, WI

ZIP 53168 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 53168

Median Home Value
$289,500
Median Rent
$1,058
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,860/mo PITI).

12%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.8 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 53168 in Salem Lakes village, WI, a household would need roughly $80,000 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 $1,860. That sits below the local median household income ($104,712), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
82.4%+26% vs US avg
x
Vacancy Rate
7.6%-27% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
3.5%-76% vs US avg
x
Built Pre-1939
7.9%-38% vs US avg
x
Built Post-2014
2.4%-65% vs US avg
x
Rent Burden >30%
4.2%-92% vs US avg
x
Mortgage-Free
33.3%-13% vs US avg
x
$289,500
Home Value
$1,058
Rent
1977
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached88.4%
  • 1-unit attached4.2%
  • 2-9 units3.3%
  • 10+ units2.8%
  • Mobile home & other1.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$289,500
Median rent$1,058
Owner-occupied82.4%
Vacant7.6%
Price-to-income2.8x
Est. income to buy$80,000