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Rock County, WI

Janesville

RANK #54 / 996 NAT  ·  #6 / 29 WI  ·  POP 163,817

1YR FORECAST: +5.4%

5YR OUTLOOK: +39%

#24 Best for Families
Our model projects Rock County's housing market to grow +5.4% over the next year, significantly outpacing the national average.

[01] Why Rock County?

The Milton House Museum, a certified Underground Railroad site, offers a unique historical experience in Rock County, Wisconsin. Located in southern Wisconsin near the Illinois border, Rock County is approximately an hour south of Madison. The county seat, Janesville, is known as "Wisconsin's Park Place" with 2,500 acres of parkland and thirteen historic districts. Commute times average under 24 minutes, with local bus services available in Janesville and Beloit, and a shuttle connecting to UW-Whitewater at Rock County. Outdoor recreation is abundant, with miles of trails for biking, hiking, and horseback riding, including portions of the Ice Age Trail, and numerous golf courses and waterways like the Rock River and Lake Koshkonong for fishing and boating.

Rock County offers a quality of life that attracts families and young professionals, with a high homeownership rate. The public school districts in Rock County are generally above average. The economy is driven by diverse sectors, including manufacturing, healthcare, and retail trade. Recent economic developments show growth in construction and manufacturing, with increasing employment in warehousing and food manufacturing. The county has seen investment in sectors like data centers and energy.

[02] Market Snapshot

Housing Ratio
3.8x

Undervalued relative to economy

GDP Growth
+1.6%

Below national median

Home Prices
+6.9%

Outpacing national median

Climate & Terrain
-2.6

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.8x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Woodman's Food Market, Inc. Retail
    1,000+
  2. 2
    School District of Beloit Education
    500+
  3. 3
    Blain Supply Inc. (Farm & Fleet) Retail
  4. 4
    Walmart / Sam's Club Retail
  5. 5
    SSM Health Healthcare
  6. 6
    Kerry Group Manufacturing
  7. 7
    SSI Technologies Manufacturing
  8. 8
    Serta-Simmons Bedding Co. Manufacturing
  9. 9
    J.P. Cullen & Sons Other
  10. 10
    Dollar General Logistics

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

[04] Home Value Growth vs National

Rock County U.S. National

The Numbers

DEMOGRAPHICS
Population
163,817
+0.18% YoY
Median Household Income
$70,630
Median Home Value
$193,000
+6.91% 12mo
Median Rent
$981
Average Annual Pay
$59,381
+3.9% YoY
Employment
69,595
+1.3% YoY
Income-to-Home-Value
0.366
More affordable than average
Migration Inflow
1.9%
of pop. from another state
Bachelor's Degree+
24.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$271,000
Days on Market
56
Moderate pace
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
28.0%
Listings w/ Price Drops
13.5%
Building Permits (2024)
628
Single-Family Permits
301

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.5
per 100K · nat avg 6.3
Firearm Fatalities
11.1
per 100K · nat avg 14.8
Injury Deaths
128.4
per 100K · nat avg 76.3
vs National Average
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)
42.0
Good
Good Air Days
80%
488 of 612 days
Unhealthy+ Days (3yr)
22
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
41
2022
39
2023
46
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

$9,832M
TOTAL
PROJECT AMOUNT STATUS
Viridian Janesville Data Center (Former GM Plant)
Viridian Acquisitions LLC
$8,000M Proposed
Meta 'Project Cornmaze' Data Center Campus
Meta (via Cambrin LLC)
$1,000M Proposed
Liquified Natural Gas (LNG) Storage Facility
Wisconsin Power and Light Company (WPL)
$517M Planned
Dawn Harvest Solar Energy Center
Invenergy (to be owned by We Energies, WPS, MGE)
$200M Under Construction
Paddock Solar Project
Alliant Energy
$65M Operating
North Rock Solar Project
Alliant Energy
$50M Operating

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

[08] Score Breakdown

GDP Growth +1.6% 27 percentile
Population Growth +0.2% 38 percentile
Income Growth +7.8% 33 percentile
Vacancy Rate 0.7% 85 percentile
Home Price Change +6.9% 97 percentile
Rent Growth +5.5% 83 percentile
Price/Rent 13x 55 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Rock County ranks #54 out of 996 U.S. counties on the Boom Town Index with a score of 95/100, putting it in the top tier nationally. Job growth of +1.3% and a median household income of $70,630 point to a county with active economic momentum.

Is Rock County affordable?

By national standards, Rock County is quite affordable. Homes here have a median value of $193,000, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $981/month. Residents can generally buy a home without being cost-burdened.

Is Rock County growing or shrinking?

Employers in Rock County are hiring — job growth of +1.3% — but the population is close to flat (+0.2% YoY). Home values moved +6.9% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are many people relocating to Rock County?

Not particularly — 1.9% of Rock County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

How is the housing market in Rock County?

Home values climbed +6.9% year-over-year, which is a solid pace of appreciation. The median home in Rock County is now valued at $193,000. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

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