Housing market/Wisconsin/ZIP 53147

ACS 2023 · FY2027 SAFMR

ZIP 53147 Lake Geneva, 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
18,440
Households
8,143
Median HH income
$83,018
Renter share
32.7%
Median gross rent
$1,277
Vacancy
28.9%
Pop. change
+10.7%
2BR SAFMR
$1,480
SAFMR / rent
1.159×
2–49 unit stock
2,531
LIHTC proj / units
2 / 96
HUD assisted MF
2 / 173

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 53147 · WI — sent to you.

ZIP 53147 · WI

ACS median rent$1,277
2BR SAFMR$1,480
90% floor$1,332
110% ceiling$1,628

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

Housing stock

ACS 2023 units-in-structure · ZCTA 53147

  • 1-unit detached7,76967.8%
  • 1-unit attached6906.0%
  • 2–4 units8177.1%
  • 5–49 units1,71415.0%
  • 50+ units1181.0%
  • Mobile3473.0%
TypeUnitsShare
1-unit detached7,76967.8%
1-unit attached6906.0%
2 units (duplex)5204.5%
3–4 units2972.6%
5–9 units9638.4%
10–19 units4053.5%
20–49 units3463.0%
50+ units1181.0%
Mobile3473.0%

2–4 unit share 7.1% · 5–49 unit share 15.0% · combined 2–49 22.1%.

Units by bedrooms

Studio
241
1BR
1,187
2BR
3,066
3BR
4,234
4BR
2,093
5+
634

Rent burden

Rent ≥30% of income37.7%
Rent ≥50% of income17.4%
  • ACS median gross rent $1,277 (all bedrooms, occupied rentals).
  • Median contract rent $1,085.
  • Renters paying ≥30% of income 37.7%; ≥50% 17.4%.
  • FY2027 2BR SAFMR $1,480 (1.159× ACS median gross rent).

Population

18,440 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.7%.

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

Assisted inventory

  • LIHTC: 2 projects, 96 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 53147 32.7% of occupied households are renters; vacancy is 28.9%; ACS median gross rent is $1,277; population increased +10.7% between the 2018 and 2023 ACS vintages; the housing stock includes 817 units in 2–4-unit structures and 1,714 units in 5–49-unit structures; 2 LIHTC projects totaling 96 units; FY2027 2BR SAFMR is $1,480 versus ACS median gross rent of $1,277. 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 53147 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 53147?

ZIP 53147 (Walworth County, WI) has 18,440 residents, 8,143 households, a renter share of 32.7%, median household income of $83,018, and ACS 2023 median gross rent of $1,277. Vacancy is 28.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 53147?

ACS counts 520 units in 2-unit buildings, 297 in 3–4 unit buildings, 963 in 5–9, 405 in 10–19, and 346 in 20–49. Combined 2–49 unit stock is 2,531 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 53147?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,480. See the full schedule and 90–110% payment-standard band on the ZIP 53147 — Lake Geneva, WI HUD Section 8 Payment Standards / SAFMR.

Does this Wisconsin ZIP profile include Georgia listings?

No. ZIP 53147 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.