Housing Insights for ZIP Code 53042 (Kiel, WI)

Housing Summary for ZIP Code 53042

Homeowners

The median home value in ZIP Code 53042 (Kiel, WI) is $160,500. Approximately 78.6% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.3%.

The average occupancy of owner-occupied units in ZIP Code 53042 is 2.36 occupants, while owner-occupied units have an aggregate average size of 2.89 bedrooms per housing unit.

Renters

In the 53042 ZIP Code, an estimated 21.4% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.15 occupants, while renters in this Manitowoc County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 53042

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 53042.

ZIP 53042 Wisconsin U.S.
Median Home Value $160,500 $334,636 $356,002
Owner-Occupied Housing Units 78.6% 67.0% 64.0%
Homeowner Vacancy Rate 1.3% 1.2% 1.6%
Average Size of Owner-Occupied Unit 2.36 2.52 2.70
Average # of Bedrooms Per Unit 2.89 2.72 2.75
Median Housing Rent $0 $856 $1,062
Renter-Occupied Housing Units 21.4% 33.0% 36.0%
Rental Vacancy Rate 0.0% 4.9% 6.0%
Average Size of Renter-Occupied Unit 2.15 2.15 2.49
Percent of Income Spent on Rent 0% 28.24% 29.83%

Home Values in ZIP Code 53042 (Kiel, WI)

The median home value in ZIP Code 53042 is $160,500. That median value is about 11% lower than the median home value of $180,600 in Wisconsin overall, and is 26% lower than the $217,500 the median home value in the entire U.S. Approximately 23.5% of homes in ZIP Code 53042 are valued $100,000 to $149,999. That is 20% higher than in the state of Wisconsin, in which 19.6% of homes are valued at $100,000 to $149,999, and is about 77% higher than in the U.S. overall (13.3% of homes valued at $100,000 to $149,999). The home value range that the smallest portion of ZIP Code 53042 homes fall into is $1,000,000 or more (0.8% of homes).

Home Values in ZIP Code 53042

This chart visualizes the breakdown of home values in ZIP Code 53042, Wisconsin, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 53042 vs. home values in both the state of Wisconsin and in the U.S. overall.

Home Values in ZIP Code 53042

See the table below for a regional comparison of home values in ZIP Code 53042.

Home Value ZIP 53042 Wisconsin U.S.
Less than $50,000 3.9% 4.6% 6.9%
$50,000 to $99,999 16.5% 12.6% 12.0%
$100,000 to $149,999 23.5% 19.6% 13.3%
$150,000 to $199,999 20.3% 19.6% 14.0%
$200,000 to $299,999 21.9% 23.9% 19.6%
$300,000 to $499,999 10.4% 14.8% 19.3%
$500,000 to $999,999 2.8% 4.1% 11.4%
$1,000,000 or more 0.8% 0.8% 3.4%

Home Ages in ZIP Code 53042 (Kiel, WI)

Approximately 29.3% of homes in this Kiel, WI region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 53042 is about 52% higher than percentage of homes built in this time period in Wisconsin overall (19.3% of homes), and is 133% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 15.3% of local homes were built in 1990 to 1999. On the other end of the scale, just 1.4% of homes in this Manitowoc County ZIP Code were built in 1940 to 1949 in ZIP Code 53042. In comparison, 5.5% of homes in Wisconsin overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 53042

A detailed regional comparison of home ages in ZIP Code 53042.

Year Built ZIP 53042 Wisconsin U.S.
2014 or later 3.1% 1.8% 2.5%
2010 to 2013 2.5% 2.0% 2.7%
2000 to 2009 13.4% 12.5% 14.0%
1990 to 1999 15.3% 13.9% 13.9%
1980 to 1989 8.4% 9.9% 13.4%
1970 to 1979 11.4% 14.6% 15.2%
1960 to 1969 5.1% 9.7% 10.6%
1950 to 1959 10.2% 10.8% 10.3%
1940 to 1949 1.4% 5.5% 4.9%
1939 or earlier 29.3% 19.3% 12.6%

Age of Homes in ZIP Code 53042

See the chart below for details on the age of homes in ZIP Code 53042, Wisconsin, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 53042

Frequently asked questions about housing in this Kiel, WI ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 53042.

1

What is the average home value ZIP Code 53042?

The median home value in ZIP Code 53042 (Kiel, WI) is $160,500.
2

Are homes expensive in ZIP Code 53042?

The median home value in 53042 ($160,500) is an estimated 11% lower than the aggregate median value of $180,600 in Wisconsin, and is 26% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 53042?

The vacacy rate for owner-occupied housing in ZIP Code 53042 is 1.3%. This rate is 8% higher than the overall Wisconsin owner-occupied vacancy rate of 1.2%. Additionally, the 53042 vacancy rate is 19% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 53042 have older homes or newer construction?

In ZIP Code 53042, about 29.3% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 15.3% of homes in the region were built in 1990 to 1999. In contrast, 1.4% of homes in 53042 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 53042? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 53042 than renter-occupied housing. Owner-occupied units make up 78.6% of housing, compared to 21.4% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 53042?

The vacacy rate for rental units in ZIP Code 53042 is 0.0%. This rate is 100% lower than the overall Wisconsin vacancy rate of 4.9%. Additionally, the 53042 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.