HousingHandbookReference data

U.S. ZIP Code · WI54854

Douglas County · Duluth, MN-WI

Typical home value

$247,396[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.3%
5-year / yr
+7.2%
10-year / yr
+7.6%

Relative price

vs U.S.
-12.9%
vs metro
+4.9%
vs state
-18.9%
ZIP 54854 location in WI
Location of ZIP 54854 in WI

Price history

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

The typical home in 54854 is worth $247,396 — 4.9% above the Duluth, MN-WI median. Over the past year, values have risen 7.3%. The effective property tax rate is 1.1%.

#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
1.1%[3]
Typical annual tax
$2,641[3]

#Climate risk

FEMA National Risk Index ratings for Douglas 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
Relatively Low
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
960[3]
Median household income
$88,125[3]

#Migration

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

Net migration
+57[5]
Moved in
1,125
Moved out
1,068

Schools

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

Public schools
1
Elementary
0
Middle
0
High
1
  • Northwestern High

    High · Grades 9–12 · Maple School District

    393 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$1,251
Loan principal$197,917
Down payment$49,479
Total interest paid$252,432

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$1,678
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
82nd percentile[1]
Rental yield
[2]
Property tax
72nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 54854?
The typical home in 54854 is worth $247,396, based on the Zillow Home Value Index.
Are home values rising in 54854?
Home values in 54854 are up 7.3% over the past year, and up 7.2% a year over five years.
What is the property tax rate in 54854?
The effective property tax rate in 54854 is 1.1% — roughly $2,641 a year on a typical home.
Who lives in 54854?
ZIP code 54854 has a population of 960 and a median household income of $88,125.

#Comparable ZIPs

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

  • MN

    Typical home
    $243,462
    Gross yield
  • MN

    Typical home
    $252,583
    Gross yield
  • Cook, MN

    Typical home
    $242,035
    Gross yield
  • MN

    Typical home
    $238,688
    Gross yield
  • Brule CDP, WI

    Typical home
    $256,599
    Gross yield
  • Wright, MN

    Typical home
    $237,317
    Gross yield

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