The story of this market
The typical home in ZIP 54747 sells for about $192,600, or $115 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $916 a month.
ZIP 54747 — Independence
The housing market in 54747 is characterized by low inventory and slow turnover, typical of a rural Wisconsin community. Prices have seen modest, steady appreciation, driven by limited supply rather than high demand. The market remains stable with little volatility expected in the near term.
This ZIP is best suited for families and individuals seeking a quiet, affordable rural lifestyle with strong community ties and low cost of living.
Median prices moved up 3.2% year over year.
Homes spend a median of 98 days on market with 6.5 months of supply — a slower-moving market.
8% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 8.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 54747, Trempealeau County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Independence are generally low, consistent with rural Trempealeau County trends and significantly below national averages.
The area is served by the Independence School District, which maintains a stable reputation for small-town educational outcomes.
The region faces moderate risk from seasonal flooding near the Trempealeau River and standard winter weather hazards common to western Wisconsin.
Economic momentum is driven by local agriculture, manufacturing, and small-business services, with steady but slow development patterns.
Property taxes are assessed at the county level by Trempealeau County, with rates determined by local municipal, school district, and county levies.
Commutes are primarily car-dependent, with residents typically driving to nearby employment hubs like Arcadia or Eau Claire.
The area offers access to local parks, the Trempealeau River for fishing, and nearby regional trails for outdoor activities.
The rental market is limited in depth, characterized by low turnover and a high share of single-family rentals rather than large complexes.
The local economy is anchored by agricultural production, food processing, and small-scale manufacturing operations.
Transportation is almost exclusively via private vehicle, with limited public transit options available in the rural county.
Development is focused on maintaining existing infrastructure and small-scale residential infill.
Trempealeau County utilizes a standard assessment model based on market value, with periodic revaluations to ensure tax equity.
Parcels are subject to Independence School District levies and local municipal utility districts.
Property insurance premiums are stable, reflecting the low-hazard, rural nature of the geography.
Wisconsin experiences modest net domestic migration, with rural areas like Trempealeau seeing stable population retention.
Wisconsin is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a Real Estate Condition Report disclosing known defects in the property.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community park with recreational facilities.
Provides local fishing and outdoor recreation opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.