US5.com
  1. Home
  2. States
  3. Wisconsin
  4. ZIP 54923
  5. Housing & Real Estate
Berlin city, WI

ZIP 54923 — 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 54923

Median Home Value
$180,400
Median Rent
$615
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,159/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.

24.4 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 54923 in Berlin city, 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 $1,159. That sits below the local median household income ($63,750), 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
70.2%+7% vs US avg
x
Vacancy Rate
8.8%-15% vs US avg
x
Broadband Access
85.9%-1% vs US avg
x
4+ Bedrooms
7.0%-53% vs US avg
x
Built Pre-1939
6.6%-49% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
16.7%-66% vs US avg
x
Mortgage-Free
42.9%+12% vs US avg
x
$180,400
Home Value
$615
Rent
1971
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 detached74.7%
  • 1-unit attached1.6%
  • 2-9 units12.6%
  • 10+ units9.4%
  • Mobile home & other1.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$180,400
Median rent$615
Owner-occupied70.2%
Vacant8.8%
Price-to-income2.8x
Est. income to buy$50,000