US5.com
  1. Home
  2. States
  3. Wisconsin
  4. ZIP 54220
  5. Housing & Real Estate
Manitowoc city, WI

ZIP 54220 — 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 54220

Median Home Value
$159,500
Median Rent
$684
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,025/mo PITI).

13%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.4 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 54220 in Manitowoc city, WI, a household would need roughly $44,000 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 $1,025. That sits below the local median household income ($65,188), 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
69.8%+7% vs US avg
x
Vacancy Rate
8.2%-20% vs US avg
x
Broadband Access
88.3%+2% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
16.0%-68% vs US avg
x
Mortgage-Free
45.4%+19% vs US avg
x
$159,500
Home Value
$684
Rent
1960
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 detached65.9%
  • 1-unit attached3.0%
  • 2-9 units18.2%
  • 10+ units10.2%
  • Mobile home & other2.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$159,500
Median rent$684
Owner-occupied69.8%
Vacant8.2%
Price-to-income2.4x
Est. income to buy$44,000