Shell Lake, WI
Full City Profile · Wisconsin · Washburn County County
4.0
/5.0
A
Great
1,513
Population
259/sq mi density
$56,875
Median Income
$39,049 per capita
$207,100
Home Value
$320,485 Zillow
$713
Median Rent
27.6% income on rent
42°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.1 / 5.0
$56,875 median income, 1.2% unemployment
A+
Affordability
4.6 / 5.0
$207,100 home value, $713/mo rent
B
Education
3.3 / 5.0
28.7% bachelor's degree or higher
Housing Overview
Median Home Value
$207,100
27% below
US avg: $281,900
Median Rent
$713/mo
39% below
US avg: $1,163/mo
Homeownership Rate
71.5%
9% above US avg (65.4%)
Total Housing Units
934
Median year built: 1976
Home Value by Source
Census Median
$207,100
Zillow (ZHVI)
$320,485
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.5%
Owner-Occupied
28.5%
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:
$713/mo
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
71.5%
Complete Housing Data
Home Values
| Census Median Value | $207,100 |
| Zillow Home Value (ZHVI) | $320,485 |
Rent
| Census Median Rent | $713 |
| 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 | 71.5% |
| Renter-Occupied | 28.5% |
| Homeownership Rate | 71.5% |
| Total Housing Units | 934 |
| Median Year Built | 1976 |
| Rent Burden | 27.6% |