HousingHandbookReference data

U.S. ZIP Code · WI54806

Ashland County

Typical home value

$197,554[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.2%
5-year / yr
+5.2%
10-year / yr
+6.0%

Relative price

vs U.S.
-30.5%
vs metro
vs state
-35.3%
ZIP 54806 location in WI
Location of ZIP 54806 in WI

Price history

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

The typical home in 54806 is worth $197,554. Over the past year, values have fallen 3.2%. The effective property tax rate is 1.3%.

#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
1.3%[3]
Typical annual tax
$2,614[3]

#Climate risk

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

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

#Who lives here

Population
11,704[3]
Median household income
$64,864[3]

#Migration

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

Net migration
+15[5]
Moved in
429
Moved out
414

Schools

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

Public schools
4
Elementary
2
Middle
1
High
1
  • Ashland High

    High · Grades 9–12 · Ashland School District

    609 students

  • Lake Superior Elementary

    Elementary · Grades PK–5 · Ashland School District

    599 students

  • Ashland Middle

    Middle · Grades 6–8 · Ashland School District

    366 students

  • Marengo Valley Elementary

    Elementary · Grades PK–5 · Ashland School District

    190 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$999
Loan principal$158,043
Down payment$39,511
Total interest paid$201,575

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$1,381
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 54806?
The typical home in 54806 is worth $197,554, based on the Zillow Home Value Index.
Are home values rising in 54806?
Home values in 54806 are down 3.2% over the past year, and up 5.2% a year over five years.
What is the property tax rate in 54806?
The effective property tax rate in 54806 is 1.3% — roughly $2,614 a year on a typical home.
Who lives in 54806?
ZIP code 54806 has a population of 11,704 and a median household income of $64,864.

Compare ZIPs

Pit ZIP 54806 against any other ZIP — full side-by-side table.

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