How much is a home worth in ZIP code 53403?

The typical home in 53403 is worth $213,919, based on the Zillow Home Value Index.

Are home values rising in 53403?

Home values in 53403 are up 1.9% over the past year, and up 7.6% a year over five years.

What is the typical rent in 53403?

A typical home in 53403 rents for about $1,154 a month, a gross rental yield of 6.5%.

What is the property tax rate in 53403?

The effective property tax rate in 53403 is 1.7% — roughly $3,687 a year on a typical home.

ZIP code 53403 has a population of 27,009 and a median household income of $59,820.

HousingHandbookReference data

…

U.S. ZIP Code · WI53403

Racine County · Racine-Mount Pleasant, WI

Typical home value

$213,919^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.9%
5-year / yr: +7.6%
10-year / yr: +8.0%

Relative price

vs U.S.: -24.7%
vs metro: -39.0%
vs state: -29.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 53403 is worth $213,919 — 39.0% below the Racine-Mount Pleasant, WI median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,154 a month — a 6.5% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,154^[2]
Gross yield: 6.5%^[2]
Cap rate: 3.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.7%^[3]
Typical annual tax: $3,687^[3]

#Climate risk

FEMA National Risk Index ratings for Racine County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Very Low
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 27,009^[3]
Median household income: $59,820^[3]

#Migration

Household moves in and out of Racine County over a year, from IRS tax-return data.

Net migration: +34^[5]
Moved in: 4,642
Moved out: 4,608

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 1
Middle: 0
High: 1

Park High
High · Grades 9–12 · Racine Unified School District
1,150 students
Mitchell School
Elementary · Grades PK–8 · Racine Unified School District
1,093 students
Bull Early Education Center
Prekindergarten · Grades PK · Racine Unified School District
339 students
All District 4 Year Old Kindergarten
Prekindergarten · Grades PK · Racine Unified School District
136 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.5%

Net yield (after ~40% expenses)3.9%

Annual rent$13,848

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,082

Loan principal$171,135

Down payment$42,784

Total interest paid$218,274

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.36

Monthly cost to own$1,567

Monthly rent$1,154

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 82nd percentile^[1]
Rental yield: 75th percentile^[2]
Property tax: 82nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 53403?: The typical home in 53403 is worth $213,919, based on the Zillow Home Value Index.
Are home values rising in 53403?: Home values in 53403 are up 1.9% over the past year, and up 7.6% a year over five years.
What is the typical rent in 53403?: A typical home in 53403 rents for about $1,154 a month, a gross rental yield of 6.5%.
What is the property tax rate in 53403?: The effective property tax rate in 53403 is 1.7% — roughly $3,687 a year on a typical home.
Who lives in 53403?: ZIP code 53403 has a population of 27,009 and a median household income of $59,820.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

53404 vs 53403 →
Racine, WI
Typical home
$197,893
Gross yield
6.9%
53405 vs 53403 →
Racine, WI
Typical home
$232,806
Gross yield
—
53402
Caledonia, WI
Typical home
$300,494
Gross yield
5.2%
53177
Mount Pleasant, WI
Typical home
$319,448
Gross yield
—
53406
Mount Pleasant, WI
Typical home
$326,374
Gross yield
6.2%
53139
Eagle Lake CDP, WI
Typical home
$375,380
Gross yield
—

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#Jump to section

U.S. ZIP Code · WI53403

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