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Manitowoc County, WI

RANK #200 / 1001 NAT  ·  #12 / 29 WI  ·  POP 81,406

1YR FORECAST: +2.6%

5YR OUTLOOK: +33%

Our model projects Manitowoc County's housing market to grow +2.6% over the next year, significantly outpacing the national average.

[01] Why Manitowoc County?

Manitowoc County, Wisconsin, known for its maritime heritage and agricultural output, sits on the Lake Michigan shoreline, roughly halfway between Milwaukee and Green Bay. The city of Manitowoc, the county seat, is recognized as an American World War II Heritage City due to its significant submarine building contributions during the war. The county offers diverse outdoor recreation, from Lake Michigan beaches and access points to numerous parks, recreational trails like the Mariners Trail, and opportunities for kayaking and fishing on the Manitowoc River. Commuting within the county is facilitated by Maritime Metro Transit's fixed bus routes in Manitowoc and Two Rivers, with specialized transportation services also available.

Life in Manitowoc County is characterized by a strong sense of community and a lower cost of living compared to national averages, making it an option for families and retirees. The local economy, historically rooted in shipbuilding and agriculture, particularly dairy production, has diversified. While manufacturing remains a significant employer, the county has seen growth in healthcare, education, retail, and food industries. Educational institutions like Lakeshore Technical College and the University of Wisconsin Green Bay-Manitowoc contribute to workforce development. Recent economic efforts have focused on retaining and growing existing businesses, attracting new talent, and fostering innovation.

MARKET PROFILE

Heartland Steady Growth

Manitowoc County is one of 145 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of +6.0% runs above the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
8.3x

Overvalued relative to economy

Home Prices
+6.0%

Outpacing national median

Climate & Terrain
-0.4

Below-average climate & terrain

Price/Rent
20x

Above national median (15x)

Housing looks overvalued at 8.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Froedtert Holy Family Memorial Hospital Healthcare
    1,000+
  2. 2
    The Manitowoc Company Manufacturing
  3. 3
    Lakeside Foods, Inc. Manufacturing
  4. 4
    Manitowoc County Government Government
  5. 5
    Parker Hannifin Manufacturing
    500+
  6. 6
    Wisconsin Aluminum Foundry Co. Manufacturing
  7. 7
    Kwik Trip Retail
    250+
  8. 8
    Festival Foods Retail
  9. 9
    Manitowoc Public School District Education
  10. 10
    Skana Aluminum Company Manufacturing
    100+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Manitowoc County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
81,406
+0.11% YoY
Median Household Income
$69,148
Median Home Value
$186,900
+5.96% 12mo
Median Rent
$797
Average Annual Pay
$55,319
+3.3% YoY
Employment
33,072
-1.1% YoY
Income-to-Home-Value
0.37
More affordable than average
Migration Inflow
2.47%
of pop. from another state
Bachelor's Degree+
22.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$228,950
Days on Market
47
Moderate pace
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
37.3%
Listings w/ Price Drops
13.0%
Building Permits (2025)
152
Single-Family Permits
102

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.5
per 100K · nat avg 6.3
Firearm Fatalities
10.0
per 100K · nat avg 14.8
Injury Deaths
99.9
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
39.0
Good
Good Air Days
82%
503 of 610 days
Unhealthy+ Days (3yr)
12
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
39
2022
38
2023
40
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$395M
TOTAL
PROJECT AMOUNT STATUS
Two Creeks Solar Park
Wisconsin Public Service Corporation (WPS) & Madison Gas and Electric (MG&E)
$195M Operating
FedEx Distribution Center
FedEx / Setzer Properties
$50M Completed
Manitowoc Tool & Manufacturing Vits Drive Facility
Manitowoc Tool & Manufacturing (MTM)
$50M Completed
River Point District Development
City of Manitowoc
$50M Planned
Bayshore Mixed Use Development
Various (BayCare Clinic, Community First Credit Union, Angelus Senior Living, Rivers Edge Apartments)
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.1% 27 percentile
Income Growth +0.8% 13 percentile
Vacancy Rate 0.9% 53 percentile
Home Price Change +6.0% 92 percentile
Price/Rent 20x 18 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Manitowoc County, WI a good place to move to?

Manitowoc County ranks #200 out of 1001 U.S. counties on the Boom Town Index with a score of 80/100. The composite score reflects long-term strength — housing, income, and migration patterns — but near-term hiring is soft (employment is down 1.1% year-over-year). Median household income here is $69,148.

Is Manitowoc County affordable?

By national standards, Manitowoc County is quite affordable. Homes here have a median value of $186,900, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $797/month. Residents can generally buy a home without being cost-burdened.

Is Manitowoc County growing or shrinking?

Manitowoc County's job market is contracting (-1.1% YoY) while population is roughly stable (+0.1% change). Home values are +6.0% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.

Are people moving to Manitowoc County?

There's a moderate stream of newcomers. About 2.47% of residents moved from another state, which is above average and suggests Manitowoc County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Manitowoc County?

Home values climbed +6.0% year-over-year, which is a solid pace of appreciation. The median home in Manitowoc County is now valued at $186,900. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

Washington County, WI 81 Columbia County, WI 82 Sheboygan County, WI 82 Walworth County, WI 85 Kenosha County, WI 75 Ozaukee County, WI 75 Williamson County, IL 80 Jones County, MS 80