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Butternut, WI
Full City Profile · Wisconsin · Iron County County
2.9
/5.0
C+
Fair
421
Population
266/sq mi density
$43,750
Median Income
$37,920 per capita
$74,300
Home Value
$212,865 Zillow
$623
Median Rent
22.5% income on rent
41°F
Avg Temperature
249 sunny days/yr
84
Violent Crime/100K
885 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$43,750 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$74,300 home value, $623/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher
Housing Overview
Median Home Value
$74,300
74% below
US avg: $281,900
Median Rent
$623/mo
46% below
US avg: $1,163/mo
Homeownership Rate
56.5%
14% below US avg (65.4%)
Total Housing Units
248
Median year built: 1962
Home Value by Source
Census Median
$74,300
Zillow (ZHVI)
$212,865
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.5%
Owner-Occupied
43.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$623/mo
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
56.5%
Complete Housing Data
Home Values
| Census Median Value | $74,300 |
| Zillow Home Value (ZHVI) | $212,865 |
Rent
| Census Median Rent | $623 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
Ownership & Stock
| Owner-Occupied | 56.5% |
| Renter-Occupied | 43.5% |
| Homeownership Rate | 56.5% |
| Total Housing Units | 248 |
| Median Year Built | 1962 |
| Rent Burden | 22.5% |