HousingHandbookReference data

U.S. ZIP Code · WI54124

Oconto County · Green Bay, WI

Typical home value

$244,532[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+11.9%
5-year / yr
+10.0%
10-year / yr
+9.4%

Relative price

vs U.S.
-13.9%
vs metro
-27.3%
vs state
-19.9%
ZIP 54124 location in WI
Location of ZIP 54124 in WI

Price history

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

The typical home in 54124 is worth $244,532 — 27.3% below the Green Bay, WI median. Over the past year, values have risen 11.9%. The effective property tax rate is 1.2%.

#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
1.2%[3]
Typical annual tax
$2,900[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Very Low
Wildfire
Very Low
Drought
Very Low
Heat wave
Very Low
Hurricane
No Rating
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
3,414[3]
Median household income
$60,703[3]

#Migration

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

Net migration
+40[5]
Moved in
1,012
Moved out
972

Schools

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

Public schools
3
Elementary
1
Middle
1
High
1
  • Gillett Elementary

    Elementary · Grades PK–5 · Gillett School District

    291 students

  • Gillett High

    High · Grades 9–12 · Gillett School District

    163 students

  • Gillett Middle

    Middle · Grades 6–8 · Gillett School District

    118 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$1,236
Loan principal$195,626
Down payment$48,906
Total interest paid$249,510

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$1,683
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
86th percentile[1]
Rental yield
[2]
Property tax
46th percentile[3]

Frequently asked

How much is a home worth in ZIP code 54124?
The typical home in 54124 is worth $244,532, based on the Zillow Home Value Index.
Are home values rising in 54124?
Home values in 54124 are up 11.9% over the past year, and up 10.0% a year over five years.
What is the property tax rate in 54124?
The effective property tax rate in 54124 is 1.2% — roughly $2,900 a year on a typical home.
Who lives in 54124?
ZIP code 54124 has a population of 3,414 and a median household income of $60,703.

#Comparable ZIPs

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

  • Oconto, WI

    Typical home
    $244,384
    Gross yield
  • Green Bay, WI

    Typical home
    $248,014
    Gross yield
    5.9%
  • Suring, WI

    Typical home
    $252,979
    Gross yield
  • Green Bay, WI

    Typical home
    $256,187
    Gross yield
    4.7%
  • Mountain CDP, WI

    Typical home
    $262,901
    Gross yield
  • Algoma, WI

    Typical home
    $265,771
    Gross yield

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