HousingHandbookReference data

U.S. ZIP Code · WI54220

Manitowoc County

Typical home value

$238,038[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.8%
5-year / yr
+9.8%
10-year / yr
+8.5%

Relative price

vs U.S.
-16.2%
vs metro
vs state
-22.0%
ZIP 54220 location in WI
Location of ZIP 54220 in WI

Price history

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

The typical home in 54220 is worth $238,038. Over the past year, values have risen 5.8%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$3,363[3]

#Climate risk

FEMA National Risk Index ratings for Manitowoc 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
No Rating
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
40,949[3]
Median household income
$66,035[3]

#Migration

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

Net migration
-1[5]
Moved in
1,480
Moved out
1,481

Schools

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

Public schools
11
Elementary
6
Middle
2
High
1
  • Lincoln High

    High · Grades 9–12 · Manitowoc School District

    1,455 students

  • Washington Middle

    Middle · Grades 6–8 · Manitowoc School District

    503 students

  • Wilson Middle

    Middle · Grades 6–8 · Manitowoc School District

    471 students

  • Franklin Elementary

    Elementary · Grades K–5 · Manitowoc School District

    395 students

  • Jackson Elementary

    Elementary · Grades K–5 · Manitowoc School District

    353 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$1,204
Loan principal$190,431
Down payment$47,608
Total interest paid$242,884

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$1,682
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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 54220?
The typical home in 54220 is worth $238,038, based on the Zillow Home Value Index.
Are home values rising in 54220?
Home values in 54220 are up 5.8% over the past year, and up 9.8% a year over five years.
What is the property tax rate in 54220?
The effective property tax rate in 54220 is 1.4% — roughly $3,363 a year on a typical home.
Who lives in 54220?
ZIP code 54220 has a population of 40,949 and a median household income of $66,035.

Compare ZIPs

Pit ZIP 54220 against any other ZIP — full side-by-side table.

Compare 54220

#Articles featuring this ZIP

Explainers, guides, and lists that use 54220 as an example.

#Jump to section