Housing market/Wisconsin/ZIP 53042

ACS 2023 · FY2027 SAFMR

ZIP 53042 Kiel, Manitowoc County, Wisconsin

Manitowoc County, WI · Wisconsin. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
6,681
Households
2,823
Median HH income
$86,118
Renter share
17.6%
Median gross rent
$824
Vacancy
7.0%
Pop. change
-0.9%
2BR SAFMR
$1,120
SAFMR / rent
1.359×
2–49 unit stock
481
LIHTC proj / units
3 / 112
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 53042 · WI — sent to you.

ZIP 53042 · WI

ACS median rent$824
2BR SAFMR$1,120
90% floor$1,008
110% ceiling$1,232

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 53042

  • 1-unit detached2,27775.0%
  • 1-unit attached1816.0%
  • 2–4 units2167.1%
  • 5–49 units2658.7%
  • Mobile953.1%
TypeUnitsShare
1-unit detached2,27775.0%
1-unit attached1816.0%
2 units (duplex)1665.5%
3–4 units501.6%
5–9 units852.8%
10–19 units1585.2%
20–49 units220.7%
50+ units00.0%
Mobile953.1%

2–4 unit share 7.1% · 5–49 unit share 8.7% · combined 2–49 15.9%.

Units by bedrooms

Studio
48
1BR
187
2BR
582
3BR
1,401
4BR
641
5+
175

Rent burden

Rent ≥30% of income33.9%
Rent ≥50% of income14.1%
  • ACS median gross rent $824 (all bedrooms, occupied rentals).
  • Median contract rent $633.
  • Renters paying ≥30% of income 33.9%; ≥50% 14.1%.
  • FY2027 2BR SAFMR $1,120 (1.359× ACS median gross rent).

Population

6,681 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 112 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 28 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 53042 17.6% of occupied households are renters; vacancy is 7.0%; ACS median gross rent is $824; population changed -0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 216 units in 2–4-unit structures and 265 units in 5–49-unit structures; 3 LIHTC projects totaling 112 units; FY2027 2BR SAFMR is $1,120 versus ACS median gross rent of $824. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Wisconsin research

ZIP 53042 is a Census / HUD profile for Manitowoc County, WI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Wisconsin research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 53042?

ZIP 53042 (Manitowoc County, WI) has 6,681 residents, 2,823 households, a renter share of 17.6%, median household income of $86,118, and ACS 2023 median gross rent of $824. Vacancy is 7.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 53042?

ACS counts 166 units in 2-unit buildings, 50 in 3–4 unit buildings, 85 in 5–9, 158 in 10–19, and 22 in 20–49. Combined 2–49 unit stock is 481 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 53042?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,120. See the full schedule and 90–110% payment-standard band on the ZIP 53042 — Kiel, WI HUD Section 8 Payment Standards / SAFMR.

Does this Wisconsin ZIP profile include Georgia listings?

No. ZIP 53042 is Census / HUD research for Manitowoc County, WI. Jeff Crowe CRE does not list Wisconsin property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.