Housing market/Wisconsin/ZIP 53115

ACS 2023 · FY2027 SAFMR

ZIP 53115 Delavan, Walworth County, Wisconsin

Walworth 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
16,056
Households
6,856
Median HH income
$70,880
Renter share
28.9%
Median gross rent
$1,012
Vacancy
22.5%
Pop. change
-0.2%
2BR SAFMR
$1,240
SAFMR / rent
1.225×
2–49 unit stock
1,901
LIHTC proj / units
5 / 173
HUD assisted MF
2 / 173

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 53115 · WI — sent to you.

ZIP 53115 · WI

ACS median rent$1,012
2BR SAFMR$1,240
90% floor$1,116
110% ceiling$1,364

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

Housing stock

ACS 2023 units-in-structure · ZCTA 53115

  • 1-unit detached5,95767.3%
  • 1-unit attached6887.8%
  • 2–4 units5025.7%
  • 5–49 units1,39915.8%
  • 50+ units1231.4%
  • Mobile1792.0%
TypeUnitsShare
1-unit detached5,95767.3%
1-unit attached6887.8%
2 units (duplex)3063.5%
3–4 units1962.2%
5–9 units93310.5%
10–19 units2392.7%
20–49 units2272.6%
50+ units1231.4%
Mobile1792.0%

2–4 unit share 5.7% · 5–49 unit share 15.8% · combined 2–49 21.5%.

Units by bedrooms

Studio
26
1BR
852
2BR
2,767
3BR
3,204
4BR
1,455
5+
544

Rent burden

Rent ≥30% of income32.2%
Rent ≥50% of income18.0%
  • ACS median gross rent $1,012 (all bedrooms, occupied rentals).
  • Median contract rent $895.
  • Renters paying ≥30% of income 32.2%; ≥50% 18.0%.
  • FY2027 2BR SAFMR $1,240 (1.225× ACS median gross rent).

Population

16,056 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.2%.

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

Assisted inventory

  • LIHTC: 5 projects, 173 units.
  • HUD project-based assisted MF: 2 properties, 173 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 250 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 53115 28.9% of occupied households are renters; vacancy is 22.5%; ACS median gross rent is $1,012; population changed -0.2% between the 2018 and 2023 ACS vintages; the housing stock includes 502 units in 2–4-unit structures and 1,399 units in 5–49-unit structures; 5 LIHTC projects totaling 173 units; FY2027 2BR SAFMR is $1,240 versus ACS median gross rent of $1,012. 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 53115 is a Census / HUD profile for Walworth 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 53115?

ZIP 53115 (Walworth County, WI) has 16,056 residents, 6,856 households, a renter share of 28.9%, median household income of $70,880, and ACS 2023 median gross rent of $1,012. Vacancy is 22.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 53115?

ACS counts 306 units in 2-unit buildings, 196 in 3–4 unit buildings, 933 in 5–9, 239 in 10–19, and 227 in 20–49. Combined 2–49 unit stock is 1,901 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 53115?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,240. See the full schedule and 90–110% payment-standard band on the ZIP 53115 — Delavan, WI HUD Section 8 Payment Standards / SAFMR.

Does this Wisconsin ZIP profile include Georgia listings?

No. ZIP 53115 is Census / HUD research for Walworth 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.