HousingHandbookReference data

U.S. ZIP Code · WI54956

Winnebago County · Oshkosh-Neenah, WI

Typical home value

$344,395[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.9%
5-year / yr
+6.7%
10-year / yr
+7.0%

Relative price

vs U.S.
+21.2%
vs metro
≈ metro median
vs state
+12.9%
ZIP 54956 location in WI
Location of ZIP 54956 in WI

Price history

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

The typical home in 54956 is worth $344,395. Over the past year, values have risen 4.9%. Homes here rent for a typical $1,138 a month — a 4.0% 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
$1,138[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$4,797[3]

#Climate risk

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

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
46,567[3]
Median household income
$85,869[3]

#Migration

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

Net migration
+160[5]
Moved in
5,031
Moved out
4,871

Schools

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

Public schools
12
Elementary
9
Middle
1
High
1
  • Neenah High

    High · Grades 9–12 · Neenah Joint School District

    1,944 students

  • Neenah Middle School

    Middle · Grades 4–8 · Neenah Joint School District

    1,941 students

  • Lakeview Elementary

    Elementary · Grades K–4 · Neenah Joint School District

    346 students

  • Tullar Elementary

    Elementary · Grades K–4 · Neenah Joint School District

    339 students

  • Spring Road Elementary

    Elementary · Grades K–4 · Neenah Joint School District

    303 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 yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$13,653

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$1,741
Loan principal$275,516
Down payment$68,879
Total interest paid$351,405

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 ratio2.13
Monthly cost to own$2,427
Monthly rent$1,138

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
63rd percentile[1]
Rental yield
0th percentile[2]
Property tax
63rd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 54956?
The typical home in 54956 is worth $344,395, based on the Zillow Home Value Index.
Are home values rising in 54956?
Home values in 54956 are up 4.9% over the past year, and up 6.7% a year over five years.
What is the typical rent in 54956?
A typical home in 54956 rents for about $1,138 a month, a gross rental yield of 4.0%.
What is the property tax rate in 54956?
The effective property tax rate in 54956 is 1.4% — roughly $4,797 a year on a typical home.
Who lives in 54956?
ZIP code 54956 has a population of 46,567 and a median household income of $85,869.

#Comparable ZIPs

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

  • Waukau CDP, WI

    Typical home
    $344,962
    Gross yield
  • Winneconne, WI

    Typical home
    $348,500
    Gross yield
  • Winchester CDP, WI

    Typical home
    $349,076
    Gross yield
  • Oshkosh, WI

    Typical home
    $362,073
    Gross yield
  • Butte des Morts CDP, WI

    Typical home
    $317,581
    Gross yield
  • Omro, WI

    Typical home
    $285,437
    Gross yield

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