Wisconsin

Waupaca County

ZIP 54946

51,714 residents211 permits TTM$71,189 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$192,800

ACS 5-Year

Cap rate proxy

5.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.1%

HUD FMR ÷ ACS HHI

Net migration

+1.82%

IRS SOI

Permits (TTM)

211

Census BPS

Climate risk

67.6

FEMA NRI (0–100)

ZIP 54946

Median home value

$192,800

Gross yield

6.1%

Cap rate

5.2%

Rent gap

14.3%

Affordability

P/I: 2.7R/I:

Section 8 detail

SAFMR: $973Rent: $834Gap: 16.7%
ZIP code breakdown12 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
54926$192,800county est.$9736.1%5.2%14.3%
54929$234,079$9735.0%4.3%14.3%
54933$192,800county est.$9736.1%5.2%14.3%
54945$274,332$9734.3%3.6%14.3%
54946$192,800county est.$9736.1%5.2%14.3%

Ranked by composite score

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Demographics

Owner-occupied

74.8%

Census ACS

Vacancy rate

12.6%

Census ACS

Bachelor's degree +

20.2%

Census ACS

Rent burdened

38.2%

Census ACS (>30% income)

Median age

45.4

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