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Elkhorn city, WI

ZIP 53121 — 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 53121

Median Home Value
$287,900
Median Rent
$895
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,849/mo PITI).

13%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

26.8 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 53121 in Elkhorn city, WI, a household would need roughly $79,000 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 $1,849. That is roughly in line with the local median household income ($83,635). 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
73.2%+12% vs US avg
x
Vacancy Rate
9.3%-10% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
4.2%-71% vs US avg
x
Built Pre-1939
4.8%-62% vs US avg
x
Built Post-2014
1.3%-82% vs US avg
x
Rent Burden >30%
16.8%-66% vs US avg
x
Mortgage-Free
32.7%-14% vs US avg
x
$287,900
Home Value
$895
Rent
1981
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached72.1%
  • 1-unit attached6.2%
  • 2-9 units14.6%
  • 10+ units5.7%
  • Mobile home & other1.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$287,900
Median rent$895
Owner-occupied73.2%
Vacant9.3%
Price-to-income3.4x
Est. income to buy$79,000