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Three Lakes CDP, WI

ZIP 54562 — 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 54562

Median Home Value
$291,800
Median Rent
$744
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,874/mo PITI).

13%
Rent-to-Income Ratio

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

4.3x
Home Price-to-Income Ratio

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

32.7 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 54562 in Three Lakes CDP, WI, a household would need roughly $80,000 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 $1,874. That is about 18% above the local median household income ($67,875), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 69% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
89.8%+37% vs US avg
x
Vacancy Rate
69.0%+570% vs US avg
x
Broadband Access
84.7%-3% vs US avg
x
4+ Bedrooms
3.2%-78% vs US avg
x
Built Pre-1939
8.7%-32% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
17.6%-65% vs US avg
x
Mortgage-Free
46.8%+22% vs US avg
x
$291,800
Home Value
$744
Rent
1980
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 detached92.5%
  • 1-unit attached0.2%
  • 2-9 units1.5%
  • 10+ units0.8%
  • Mobile home & other5.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$291,800
Median rent$744
Owner-occupied89.8%
Vacant69.0%
Price-to-income4.3x
Est. income to buy$80,000