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Legend Lake, WI

Full City Profile · Wisconsin · Menominee County County

3.3 /5.0
B Good
1,478 Population 88/sq mi density
$69,178 Median Income $33,245 per capita
$116,200 Home Value $292,001 Zillow
44°F Avg Temperature 270 sunny days/yr
133 Violent Crime/100K 2,980 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$69,178 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$116,200 home value, /mo rent
F
Safety
1.0 / 5.0
133 violent crimes/100K
B+
Education
3.6 / 5.0
31.9% bachelor's degree or higher

Housing Overview

Median Home Value
$116,200
59% below
US avg: $281,900
Homeownership Rate
97.1%
48% above US avg (65.4%)
Total Housing Units
1,301
Median year built: 1988

Home Value by Source

Census Median
$116,200
Zillow (ZHVI)
$292,001
Median Sale Price
$974,930
Median List Price
$850,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.1%
Owner-Occupied
2.9%
Renter-Occupied
97%
3%
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

Market Indicators (Redfin)

Median Days on Market
212 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$335
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
97.1%

Complete Housing Data

Home Values

Census Median Value$116,200
Zillow Home Value (ZHVI)$292,001
Median Sale Price$974,930
Median List Price$850,000
Price Per Sq Ft$335

Rent

FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Days on Market212
Sale-to-List Ratio1.0%
Price Drops12.5%
Homes Sold2
Active Inventory8
Price Per Sq Ft$335

Ownership & Stock

Owner-Occupied97.1%
Renter-Occupied2.9%
Homeownership Rate97.1%
Total Housing Units1,301
Median Year Built1988
Rent Burden9.0%