54414, Birnamwood, WI

Birnamwood, WI is located in the 54414 zip code. According to the 2010 census, the population of Birnamwood was 1,827. The median household income in Birnamwood was $101,917. The median home value in Birnamwood was $269,000.

According to Zillow’s Home Value Index (HVI), the home values in Birnamwood have increased by an average of 8% since 2007. This is significantly higher than the Wisconsin average of 3%. In addition, Zillow’s HVI indicates that Birnamwood has one of the highest home equity values in Wisconsin at $146,000. This high level of equity may be due to a combination of strong economic conditions and low interest rates.

Despite these positive trends, there are some challenges facing homeowners in Birnamwood. One issue is that there is a relatively high rate of foreclosure activity in this zip code. As a result, homes are often available at a discount from their original value. Another challenge for homeowners is that interest rates are currently below historic averages and may not continue to rise as quickly as they have recently done. These low interest rates may make it difficult for borrowers to afford to pay off their mortgages over time and could lead to increased delinquency rates and defaults over time.