Menominee County, Wisconsin Housing Market Prices
Menominee County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 164% above the Wisconsin median Among the 3 most expensive counties in Wisconsin$450,000
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Median rent 42% below the Wisconsin median Among the top 3 cheapest counties in Wisconsin$625
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Menominee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,000 | $170,479 | $248,835 |
| Price Trend (Annual %) | 1.0% | 4.2% | 7.5% |
| Median Gross Rent | $625 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Menominee County is about 164% higher than in Wisconsin. Rent is about 42% lower than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2016-2020
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Menominee County, up about 1.0% and 4.1% a year respectively. Rent is changing faster.
Median rent in Menominee County rose about 33.5% between 2015 and 2024, from $468 to $625. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 7.0 yearly household incomes in Menominee County.
Buying the median-priced home in Menominee County costs roughly 60.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Menominee County. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Menominee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,000 | $170,479 | $248,835 |
| Median Household Income | $64,606 | $77,698 | $80,455 |
| Price-to-Income Ratio | 7.0 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2016 and 2020, the median home price in Menominee County rose about 4.1%, while median household income rose about 81.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Menominee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.5% | 60.5% | 58.5% |
| Rental Rate | 15.7% | 28.7% | 31.2% |
| Vacancy Rate | 35.7% | 10.8% | 10.2% |
| Median Tenure (years) | 20.0 | 16.0 | 15.0 |
| Median Year Moved In | 2006 | 2010 | 2011 |
Menominee County has a homeownership rate of 48.5%, lower than the Wisconsin average of 60.5%. Its housing vacancy rate is 35.7%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Menominee County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.99 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1978 | 1974 | 1978 |
| Median Number of Rooms | 5.4 | 5.6 | 5.5 |
The typical housing unit in Menominee County was built around 1978. On average, 3.0 people live in a home with about 5.4 rooms, staying for about 20.0 years on average.
Menominee County, WI Housing Compared With Nearby Counties
Menominee County, WI is the smallest of the 4 counties compared here, 4,252 residents against a local median of 41,039. The measure that sets Menominee County, WI apart most is median home price: $450,000, 168% above the local median of $167,968.
Median rent tells the same story from another angle: $625 against a local median of $820, 24% below it. The counties themselves sit within $181,116 of each other on median home price, a tighter band than the gap between any of them and Menominee County, WI, which makes it a genuine outlier here rather than one end of a wide local spread. Menominee County, WI has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Menominee County, WI | 4,252 | $450,000 #1/4 | $625 #4/4 | 75.5% #3/4 |
| Shawano County, WI | 41,039 | $71,304 | $820 | 77.5% |
| Oconto County, WI | 39,589 | $252,419 | $790 | 85.0% |
| Outagamie County, WI | 192,703 | $167,968 | $1,057 | 71.5% |
Frequently Asked Questions
Common questions about the housing market in Menominee County, Wisconsin.
What is the median home price in Menominee County, Wisconsin?
The median home price in Menominee County, Wisconsin is $450,000, higher than the Wisconsin average of $170,479.
What is the average home price in Menominee County, Wisconsin?
The typical home price in Menominee County, Wisconsin, reported as the median sale price, is $450,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Menominee County, Wisconsin?
The median gross rent in Menominee County, Wisconsin is $625 per month, lower than the Wisconsin average of $1,087.
What was the median gross rent in Menominee County in 2020?
In 2020, the median gross rent in Menominee County, Wisconsin was $555 per month.
What is the price-to-rent ratio in Menominee County, Wisconsin?
The price-to-rent ratio in Menominee County, Wisconsin is about 60.0, meaning it would take roughly 60.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Menominee County.
Are home prices or rent rising faster in Menominee County, Wisconsin?
Both home prices and rent are rising in Menominee County, up about 1.0% and 4.1% a year respectively. Rent is changing faster.
What is the homeownership rate in Menominee County, Wisconsin?
48.5% of households in Menominee County, Wisconsin own their home, lower than the Wisconsin average of 60.5%.
What is the vacancy rate in Menominee County, Wisconsin?
The housing vacancy rate in Menominee County, Wisconsin is 35.7%, higher than the Wisconsin average of 10.8%.
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