54201, Algoma, WI

The 54201 zip code of Algoma, Wisconsin has a population of about 2,000 people. The median household income in this zip code is $50,000 and the median home value is $145,000. The average mortgage rate in this zip code is 4.5%.

The average home equity in the 54201 zip code of Algoma, Wisconsin is $101,000. This means that the typical homeowner in this zip code has equity in their home worth $101,000. This amount of equity can be used to pay off debt or to save for a down payment on a new home.

Home prices have increased significantly over the past few years in the 54201 zip code of Algoma, Wisconsin. The average home value has increased by about 20% since 2013. This increase in home values is likely due to strong economic growth and low interest rates across the country.