Florence County, Wisconsin Housing Market
In Florence County, Wisconsin, the median home value is $173,200, with a median monthly rent of $750. This places Florence County at #1737 nationally out of 3134 counties by median home value, and #64 within Wisconsin.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $646
- Establishments: 117
- BLS QCEW, 2025
Housing Supply
- Single-family: 34
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,077 (avg $68,451)
- Outflow: 1,943 (avg $68,685)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Florence County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 54151 | 231.3 | +21.51% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Florence County Compares
| Metric | Florence County | Wisconsin Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $173,200 | $234,086 | $227,706 |
| Median Gross Rent | $750 | $915 | $968 |
| Owner Occupancy Rate | 90.9% | 75.9% | 73.3% |
| Price/Rent Ratio | 19.2 | 21.2 | 18.7 |
Market Analysis
The median home value in Florence County is 26.0% below the Wisconsin state average and 23.9% below the U.S. national average. The median rent of $750/month is 18.0% below the state average.
With a price-to-rent ratio of 19.2, the buy-vs-rent decision in Florence County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Florence County has an owner-occupancy rate of 90.9%, compared to 75.9% in Wisconsin and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Somerset County | Maryland | $173,200 | $1,013 |
| Darke County | Ohio | $173,200 | $779 |
| Washington County | Oklahoma | $173,200 | $907 |
| Overton County | Tennessee | $173,200 | $832 |
| O'Brien County | Iowa | $173,100 | $868 |
Other Counties in Wisconsin
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clark County | $172,800 | $823 | 78.5% |
| Wood County | $175,600 | $856 | 72.6% |
| Ashland County | $170,300 | $721 | 73.4% |
| Juneau County | $177,700 | $879 | 78.1% |
| Iron County | $165,900 | $662 | 88.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).