HousingHandbookReference data

U.S. ZIP Code · WI53405

Racine County · Racine-Mount Pleasant, WI

Typical home value

$232,806[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.3%
5-year / yr
+7.8%
10-year / yr
+7.9%

Relative price

vs U.S.
-18.0%
vs metro
-33.7%
vs state
-23.7%
ZIP 53405 location in WI
Location of ZIP 53405 in WI

Price history

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

The typical home in 53405 is worth $232,806 — 33.7% below the Racine-Mount Pleasant, WI median. Over the past year, values have risen 5.3%. The effective property tax rate is 1.9%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.9%[3]
Typical annual tax
$4,489[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
26,793[3]
Median household income
$69,242[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
5
Elementary
3
Middle
1
High
1
  • Walden III High

    High · Grades 6–12 · Racine Unified School District

    723 students

  • Johnson Elementary

    Elementary · Grades PK–5 · Racine Unified School District

    530 students

  • Starbuck - An IB World School

    Middle · Grades 6–8 · Racine Unified School District

    497 students

  • Fratt Elementary

    Elementary · Grades PK–5 · Racine Unified School District

    449 students

  • Knapp Elementary

    Elementary · Grades PK–5 · Racine Unified School District

    448 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$1,177
Loan principal$186,245
Down payment$46,561
Total interest paid$237,545

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.

Own : rent ratio
Monthly cost to own$1,746
Monthly rent

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
91st percentile[1]
Rental yield
[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53405?
The typical home in 53405 is worth $232,806, based on the Zillow Home Value Index.
Are home values rising in 53405?
Home values in 53405 are up 5.3% over the past year, and up 7.8% a year over five years.
What is the property tax rate in 53405?
The effective property tax rate in 53405 is 1.9% — roughly $4,489 a year on a typical home.
Who lives in 53405?
ZIP code 53405 has a population of 26,793 and a median household income of $69,242.

#Comparable ZIPs

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

  • Mount Pleasant, WI

    Typical home
    $213,919
    Gross yield
    6.5%
  • Racine, WI

    Typical home
    $197,893
    Gross yield
    6.9%
  • Caledonia, WI

    Typical home
    $300,494
    Gross yield
    5.2%
  • Mount Pleasant, WI

    Typical home
    $319,448
    Gross yield
  • Mount Pleasant, WI

    Typical home
    $326,374
    Gross yield
    6.2%
  • Eagle Lake CDP, WI

    Typical home
    $375,380
    Gross yield

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