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Elmwood village, WI

ZIP 54740 — 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 54740

Median Home Value
$225,800
Median Rent
$694
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,450/mo PITI).

11%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.1 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 54740 in Elmwood village, WI, a household would need roughly $62,000 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 $1,450. That sits below the local median household income ($75,505), 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
78.5%+20% vs US avg
x
Vacancy Rate
9.8%-5% vs US avg
x
Broadband Access
87.4%+0% vs US avg
x
4+ Bedrooms
5.4%-64% vs US avg
x
Built Pre-1939
4.3%-66% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
17.9%-64% vs US avg
x
Mortgage-Free
38.1%-0% vs US avg
x
$225,800
Home Value
$694
Rent
1969
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached84.1%
  • 1-unit attached1.8%
  • 2-9 units2.7%
  • 10+ units5.6%
  • Mobile home & other5.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$225,800
Median rent$694
Owner-occupied78.5%
Vacant9.8%
Price-to-income3.0x
Est. income to buy$62,000