Appleton, WI · Wisconsin

Outagamie County

ZIP 54911

191,537 residents915 permits TTM$82,857 median HHI15 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$244,100

ACS 5-Year

Cap rate proxy

4.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.5%

HUD FMR ÷ ACS HHI

Net migration

+2.27%

IRS SOI

Permits (TTM)

915

Census BPS

Climate risk

79.7

FEMA NRI (0–100)

ZIP 54911

Median home value

Gross yield

Cap rate

6.0%

Rent gap

Affordability

P/I: 3.2R/I: 19.4%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown15 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
541524.9%
549314.9%
549224.7%
549116.0%
541364.3%

Ranked by composite score

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Demographics

Owner-occupied

71.7%

Census ACS

Vacancy rate

3.3%

Census ACS

Bachelor's degree +

32.0%

Census ACS

Rent burdened

33.8%

Census ACS (>30% income)

Median age

38.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026