Housing market/Wisconsin/ZIP 53168

ACS 2023 · FY2027 SAFMR

ZIP 53168 Salem, Wisconsin

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

Population
9,381
Households
3,764
Median HH income
$104,712
Renter share
17.6%
Median gross rent
$1,268
Vacancy
7.6%
Pop. change
+12.8%
2BR SAFMR
$1,550
SAFMR / rent
1.222×
2–49 unit stock
226
LIHTC proj / units
2 / 48
HUD assisted MF
1 / 36

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 53168 · WI — sent to you.

ZIP 53168 · WI

ACS median rent$1,268
2BR SAFMR$1,550
90% floor$1,395
110% ceiling$1,705

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

Housing stock

ACS 2023 units-in-structure · ZCTA 53168

  • 1-unit detached3,60088.8%
  • 1-unit attached1694.2%
  • 2–4 units541.3%
  • 5–49 units1724.2%
  • 50+ units210.5%
  • Mobile391.0%
TypeUnitsShare
1-unit detached3,60088.4%
1-unit attached1694.2%
2 units (duplex)300.7%
3–4 units240.6%
5–9 units812.0%
10–19 units370.9%
20–49 units541.3%
50+ units210.5%
Mobile391.0%

2–4 unit share 1.3% · 5–49 unit share 4.2% · combined 2–49 5.6%.

Units by bedrooms

Studio
62
1BR
120
2BR
974
3BR
2,082
4BR
691
5+
143

Rent burden

Rent ≥30% of income27.9%
Rent ≥50% of income4.2%
  • ACS median gross rent $1,268 (all bedrooms, occupied rentals).
  • Median contract rent $1,058.
  • Renters paying ≥30% of income 27.9%; ≥50% 4.2%.
  • FY2027 2BR SAFMR $1,550 (1.222× ACS median gross rent).

Population

9,381 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.8%.

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

Assisted inventory

  • LIHTC: 2 projects, 48 units.
  • HUD project-based assisted MF: 1 properties, 36 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 518 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 53168 17.6% of occupied households are renters; vacancy is 7.6%; ACS median gross rent is $1,268; population increased +12.8% between the 2018 and 2023 ACS vintages; the housing stock includes 54 units in 2–4-unit structures and 172 units in 5–49-unit structures; 2 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $1,550 versus ACS median gross rent of $1,268. 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 53168 is a Census / HUD profile for Kenosha, 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 53168?

ZIP 53168 (Kenosha, WI MSA) has 9,381 residents, 3,764 households, a renter share of 17.6%, median household income of $104,712, and ACS 2023 median gross rent of $1,268. Vacancy is 7.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 53168?

ACS counts 30 units in 2-unit buildings, 24 in 3–4 unit buildings, 81 in 5–9, 37 in 10–19, and 54 in 20–49. Combined 2–49 unit stock is 226 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 53168?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,550. See the full schedule and 90–110% payment-standard band on the ZIP 53168 — Salem, WI HUD Section 8 Payment Standards / SAFMR.

Does this Wisconsin ZIP profile include Georgia listings?

No. ZIP 53168 is Census / HUD research for Kenosha, WI MSA. 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.