HousingHandbookReference data

U.S. ZIP Code · WI53406

Racine County · Racine-Mount Pleasant, WI

Typical home value

$326,374[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.1%
5-year / yr
+6.1%
10-year / yr
+7.4%

Relative price

vs U.S.
+14.9%
vs metro
-7.0%
vs state
+7.0%
ZIP 53406 location in WI
Location of ZIP 53406 in WI

Price history

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

The typical home in 53406 is worth $326,374 — 7.0% below the Racine-Mount Pleasant, WI median. Over the past year, values have risen 5.1%. Homes here rent for a typical $1,676 a month — a 6.2% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent
$1,676[2]
Gross yield
6.2%[2]
Cap rate
3.7%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$4,659[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
25,778[3]
Median household income
$82,792[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
3
Middle
0
High
1
  • Case High

    High · Grades 9–12 · Racine Unified School District

    1,845 students

  • Gifford School

    Elementary · Grades PK–8 · Racine Unified School District

    1,408 students

  • RUSD Montessori

    Elementary · Grades PK–6 · Racine Unified School District

    350 students

  • West Ridge Elementary

    Elementary · Grades PK–5 · Racine Unified School District

    343 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 yield6.2%
Net yield (after ~40% expenses)3.7%
Annual rent$20,115

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$1,650
Loan principal$261,099
Down payment$65,275
Total interest paid$333,018

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 ratio1.38
Monthly cost to own$2,311
Monthly rent$1,676

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
36th percentile[1]
Rental yield
50th percentile[2]
Property tax
64th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53406?
The typical home in 53406 is worth $326,374, based on the Zillow Home Value Index.
Are home values rising in 53406?
Home values in 53406 are up 5.1% over the past year, and up 6.1% a year over five years.
What is the typical rent in 53406?
A typical home in 53406 rents for about $1,676 a month, a gross rental yield of 6.2%.
What is the property tax rate in 53406?
The effective property tax rate in 53406 is 1.4% — roughly $4,659 a year on a typical home.
Who lives in 53406?
ZIP code 53406 has a population of 25,778 and a median household income of $82,792.

#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
    $319,448
    Gross yield
  • Caledonia, WI

    Typical home
    $300,494
    Gross yield
    5.2%
  • Eagle Lake CDP, WI

    Typical home
    $375,380
    Gross yield
  • Rochester, WI

    Typical home
    $390,519
    Gross yield
  • Caledonia, WI

    Typical home
    $393,529
    Gross yield
  • Yorkville, WI

    Typical home
    $400,291
    Gross yield
    4.0%

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