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Grantsburg village, WI

ZIP 54840 — 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 54840

Median Home Value
$180,800
Median Rent
$663
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,161/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.

22.7 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 54840 in Grantsburg village, WI, a household would need roughly $50,000 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 $1,161. That sits below the local median household income ($63,988), 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

Vacancy rate 36% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.9%+28% vs US avg
x
Vacancy Rate
35.6%+246% vs US avg
x
Broadband Access
85.3%-2% vs US avg
x
4+ Bedrooms
5.0%-66% vs US avg
x
Built Pre-1939
4.4%-65% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
23.7%-52% vs US avg
x
Mortgage-Free
47.2%+24% vs US avg
x
$180,800
Home Value
$663
Rent
1979
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 detached82.2%
  • 1-unit attached0.5%
  • 2-9 units3.0%
  • 10+ units2.7%
  • Mobile home & other11.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$180,800
Median rent$663
Owner-occupied83.9%
Vacant35.6%
Price-to-income2.8x
Est. income to buy$50,000