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ZIP Code 51340

Learn about the people, housing, costs and businesses in 51340

Median Home$150,800
Median Rent$827/month
Population703
Leading IndustriesConstruction · Agriculture & Mining · Professional Services10% construction
Home Value Growth⬇⬇-13.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 23% nationally
NotableAffordable Market$151k median home · lower cost than 78% of the country
ZIP Code
51340

Frequently Asked Questions

What are today's mortgage rates in ZIP code 51340?

As of today, the 30-year fixed mortgage rate for ZIP code 51340 is approximately 7.354% (7.406% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 51340
What is the median home price in ZIP code 51340?

The median home value in ZIP code 51340 is $151k. The median monthly rent is $827. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 51340?

Home values in ZIP code 51340 have decreased 13.2% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 51340?

Based on a typical all-in ownership cost of $874/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 51340 is $73k/year.

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What industries drive the economy in ZIP code 51340?

The largest employment sectors in ZIP code 51340 are public administration (18%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.