Zip Code:

54481, Stevens Point, WI

54481 is a Wisconsin Zip code within the city of Stevens Point and the county of Portage County. Its population is roughly 28,614.

The Real Estate Market in the 54481 Zip Code of Stevens Point, WI

The Stevens Point, WI 54481 zip code has a population of about 25,000 people and is located in the north-central part of the state. The median household income in this zip code is $60,000, which is lower than the Wisconsin median household income of $70,000. The home equity and home prices in this zip code are below the Wisconsin average.

The Stevens Point area was hit hard by the recession. The unemployment rate in this zip code was 10% in 2009, which was higher than the Wisconsin unemployment rate of 7%. However, since then the unemployment rate has decreased to 4%, which is lower than the Wisconsin unemployment rate of 3%. In addition, there has been an increase in jobs since 2009 so that now there are more jobs available than there were when the recession started. This increase in jobs has led to an increase in home equity and home prices.

In 2013, home equity increased by 9% statewide but it increased by 16% in Stevens Point. Home prices have also increased significantly since 2009; they have increased by 43% statewide but they have increased by 63% in Stevens Point. This indicates that homes are more expensive in Stevens Point than they are statewide. This may be due to a number of factors including: a lack of inventory (there are not as many homes for sale as there used to be), low interest rates (which make mortgages cheaper), and high demand (due to an improving economy).

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