Iron County, Wisconsin Housing Market
In Iron County, Wisconsin, the median home value is $165,900, with a median monthly rent of $662. This places Iron County at #1889 nationally out of 3134 counties by median home value, and #67 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: $811
- Establishments: 201
- BLS QCEW, 2025
Housing Supply
- Single-family: 44
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,874 (avg $67,017)
- Outflow: 2,688 (avg $63,391)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Iron County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 54538 | 240.2 | +15.05% | 2025 |
| 2 | 54552 | 245.7 | +14.89% | 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 Iron County Compares
| Metric | Iron County | Wisconsin Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $165,900 | $234,086 | $227,706 |
| Median Gross Rent | $662 | $915 | $968 |
| Owner Occupancy Rate | 88.5% | 75.9% | 73.3% |
| Price/Rent Ratio | 20.9 | 21.2 | 18.7 |
Market Analysis
The median home value in Iron County is 29.1% below the Wisconsin state average and 27.1% below the U.S. national average. The median rent of $662/month is 27.7% below the state average.
With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Iron County has an owner-occupancy rate of 88.5%, 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 |
|---|---|---|---|
| Lincoln County | Georgia | $165,900 | $786 |
| Chase County | Nebraska | $165,900 | $800 |
| Ottawa County | Kansas | $166,000 | $809 |
| Renville County | North Dakota | $166,000 | $828 |
| Huron County | Ohio | $166,000 | $848 |
Other Counties in Wisconsin
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Rusk County | $163,400 | $874 | 77.9% |
| Price County | $162,500 | $786 | 81.9% |
| Ashland County | $170,300 | $721 | 73.4% |
| Clark County | $172,800 | $823 | 78.5% |
| Marinette County | $158,600 | $795 | 81.6% |
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).