96 / 100

Waupaca County, WI

RANK #39 / 996 NAT  ·  #3 / 29 WI  ·  POP 51,822

1YR FORECAST: +5.2%

5YR OUTLOOK: +40%

Our model projects Waupaca County's housing market to grow +5.2% over the next year, significantly outpacing the national average.

[01] Why Waupaca County?

Waupaca County, Wisconsin, is often first recognized by locals for its Chain O' Lakes, a unique collection of 22 interconnected, spring-fed lakes known for their clear waters and distinctive blue-green coloration. Located in central Wisconsin, the county seat of Waupaca is approximately a 30-minute drive from Stevens Point and 40 minutes from Appleton, with Madison and Milwaukee under two hours away. The community offers a blend of small-town charm and natural beauty, with ample opportunities for outdoor recreation like boating, fishing, hiking, and snowmobiling across its numerous lakes, rivers, and forests.

Life in Waupaca County offers a quality environment with a focus on community and outdoor living. The area attracts families, retirees, and individuals seeking a quieter lifestyle, with local schools serving over 7,500 students across 27 public schools. Commute times are generally short, averaging 15 minutes within the city of Waupaca, though many residents also commute to nearby cities for work. The economy is supported by manufacturing, healthcare, and tourism, with recent efforts focused on improving workforce transportation and expanding housing options. The county has also seen investments in renewable energy initiatives.

[02] Market Snapshot

Housing Ratio
4.6x

Below national median (4.7x)

GDP Growth
+3.6%

Above national median

Home Prices
+7.8%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 4.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Waupaca Foundry Manufacturing
    1,000+
  2. 2
    Wisconsin Veterans Home Healthcare
    500+
  3. 3
    Waupaca School District Education
    250+
  4. 4
    Riverside Medical Center Healthcare
  5. 5
    Bethany Home Healthcare
    100+
  6. 6
    Alliance Industries Manufacturing
  7. 7
    Journal Community Publishing Group Other
  8. 8
    Pick N Save Retail
  9. 9
    Gusmer Enterprises Manufacturing
  10. 10
    Kmart Retail

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

[04] Home Value Growth vs National

Waupaca County U.S. National

The Numbers

DEMOGRAPHICS
Population
51,822
+0.1% YoY
Median Household Income
$69,198
Median Home Value
$178,500
+7.81% 12mo
Median Rent
$817
Average Annual Pay
$48,246
+2.5% YoY
Employment
18,649
+0.7% YoY
Income-to-Home-Value
0.3877
More affordable than average
Migration Inflow
3.46%
of pop. from another state
Bachelor's Degree+
19.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$231,000
Days on Market
52
Moderate pace
Months of Supply
4.7
Balanced market
Sale-to-List Ratio
97.0%
Negotiation room for buyers
Sold Above List
33.3%
Listings w/ Price Drops
10.6%
Building Permits (2024)
300
Single-Family Permits
125

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

[05] Crime & Safety

C+
SAFETY
GRADE
Firearm Fatalities
11.7
per 100K · nat avg 14.8
Injury Deaths
87.6
per 100K · nat avg 76.3
vs National Average
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] Capital Investment

$708M
TOTAL
PROJECT AMOUNT STATUS
Cloverleaf Solar Project
NextEra Energy Resources
$358M Proposed
Clintonville Solar Project
Cleanview (developer not specified)
$300M Planned
River North Ridge (Residential & Multi-family Development)
Tycore Built
$50M Under Construction

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

[07] Score Breakdown

GDP Growth +3.6% 67 percentile
Population Growth +0.1% 34 percentile
Income Growth +6.3% 11 percentile
Vacancy Rate 0.4% 97 percentile
Home Price Change +7.8% 99 percentile
Price/Rent 18x 14 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

Waupaca County ranks #39 out of 996 U.S. counties on the Boom Town Index with a score of 96/100, putting it in the top tier nationally. Job growth of +0.7% and a median household income of $69,198 point to a county with active economic momentum.

Is Waupaca County affordable?

By national standards, Waupaca County is quite affordable. Homes here have a median value of $178,500, and the income-to-home-value ratio of 0.39 is well above the U.S. average — especially with median rent at just $817/month. Residents can generally buy a home without being cost-burdened.

Is Waupaca County growing or shrinking?

Population and employment in Waupaca County are both close to flat — population +0.1% YoY and jobs +0.7%. Home values shifted +7.8% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Waupaca County?

There's a moderate stream of newcomers. About 3.46% of residents moved from another state, which is above average and suggests Waupaca County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Waupaca County?

Home values climbed +7.8% year-over-year, which is a solid pace of appreciation. The median home in Waupaca County is now valued at $178,500. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Sauk County, WI 96 Fond du Lac County, WI 95 Rock County, WI 95 Marathon County, WI 98 Portage County, WI 94 Dodge County, WI 99 Darke County, OH 96 Hardin County, TX 96