Zip Code:

54948, Leopolis, WI

54948 is a Wisconsin Zip code within the city of Leopolis and the county of Shawano County. Its population is roughly 240.

The Real Estate Market in the 54948 Zip Code of Leopolis, WI

The home equity and home prices in the 54948 zip code of Leopolis, WI are very high. The median home value in this zip code is $269,000, which is more than triple the national median home value of $100,000. Additionally, the percentage of homes in this zip code that are worth over $250,000 is also very high at 33%. This indicates that there are a lot of wealthy homeowners in this area.

One reason for the high home values in this zip code may be because it is located near several major cities. Milwaukee and Madison are both only about an hour away from Leopolis, and they have a large population and economy respectively. This proximity to major economic centers may attract a lot of wealthy people to live here, which would lead to higher home values.

Another possible explanation for the high home values in this zip code is that it has a low unemployment rate. The unemployment rate in Leopolis was only 2% as of May 2016, which is much lower than the Wisconsin state average of 3%. This low unemployment rate may make it easier for people to afford homes here even if their income isn't as high as others who live elsewhere in Wisconsin or across the country.

Overall, it appears that there are many reasons why the home values in this 54948 zip code are so high. It's likely that both rich people and those with low incomes alike have been drawn to this area due to its favorable conditions.

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