Real Estate Investing in High Bridge, Wisconsin (54846)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Ashland County • Population: 647 • Data updated: September 2026

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Should you buy in 54846 (High Bridge, WI)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (47/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 19.0% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in High Bridge, WI (54846)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $200,791
Avg Monthly Rent $900
1% Rule ✗ Does Not Meet
Median Income $67,656
% Renters 9.4%

Market Analysis: 54846 High Bridge

Not every below-median market is a bargain. High Bridge's 54846 ZIP clocks in at signals that favor experienced operators who can absorb the risk $201K pricing implies.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $201K asset, 54846 is the wrong submarket. If the plan prices in friction, the yield can still work.

Turning to rents, 54846 offers a low basis, the region around High Bridge has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The demographic picture in 54846 includes headwinds that any investor should price in. Income distribution skews lower than High Bridge averages, and tenant stability requires active management.

Strategy in 54846 is an operator game, not a passive one. Put differently, entry prices of $201K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in High Bridge:

B Good
Buy Confidence Score: 75/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 3× the median income
Value Trend
Rising (+9.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $900/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$209K$202K$195K$188K$181K$174KOct 2023Mar 2025Jul 2026

📊 How Does 54846 Compare?

Metric 54846 High Bridge Wisconsin
Home Value $200,791 $200,791 $320,446
5-Year CAGR N/A N/A 7.3%
Avg Rent $900 $900 -
Cap Rate 3.5% 3.5% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 54846 (High Bridge, WI). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.5%
Low

📊 Market Snapshot

Home Value $200,791
Monthly Rent $900
Price-to-Rent 18.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.4%
Cap Rate 3.5%
5-Year IRR 12.5%

📈 Home Appreciation

1-Year +9.0% ▲
3-Year CAGR N/A
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
19.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 54846

Population: 647

💰 Median Household Income
$67,656
This area
$67,656
State
$73,177
USA
$74,580
🏠 Renter Occupied
9.4%
This area
9.4%
State
22.0%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-1.8%
USA
3.7%
🎓 College Educated
15.0%
This area
15.0%
State
17.1%
USA
33.7%
👤 Median Age
44.6 years
This area
44.6 years
State
35.3 years
USA
38.9 years
🏚️ Vacancy Rate
19.0%
This area
19.0%
State
17.1%
USA
10.5%
👥 Population by Ethnicity
White 91.8%
Other/Mixed 8.2%
Hispanic/Latino 0.6%
👶 Under 18
26.4%
This area
26.4%
USA
22.0%
👴 65 and Over
22.2%
This area
22.2%
USA
17.3%
📊 Poverty Rate
3.3%
This area
3.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

What is the typical rental rate in High Bridge, WI?

The typical rental in High Bridge, WI commands about $900/mo monthly. That rent profile steady cash flow against the $201K purchase basis.

What is the typical vacancy rate in High Bridge, WI?

High Bridge, WI vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What kind of market is High Bridge, WI for investors?

Investors tracking High Bridge, WI will find a 2.0/5 rating supported by $201K median home values and $900/mo rents. That profile suits long-term holders targeting steady returns.

Is housing expensive in High Bridge, WI?

High Bridge, WI median home values land near $201K. That is reasonable territory for investors looking at $900/mo-per-month rentals.

How should investors approach High Bridge, WI?

Most investors in High Bridge, WI run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.

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