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Winnebago County, WI

Oshkosh

RANK #142 / 996 NAT  ·  #13 / 29 WI  ·  POP 171,197

1YR FORECAST: +4.5%

5YR OUTLOOK: +34%

Our model projects Winnebago County's housing market to grow +4.5% over the next year, significantly outpacing the national average.

[01] Why Winnebago County?

Lake Winnebago, Wisconsin's largest lake entirely within the state, anchors Winnebago County, a region known for its extensive trail systems and historical sites. Located in east-central Wisconsin, the county seat, Oshkosh, is approximately 80 miles north of Milwaukee. The community offers a blend of urban amenities and natural scenery, with nearly a quarter of the county covered by scenic waterways. Commutes are generally short, with an average travel time of 19.4 minutes for residents. Outdoor recreation opportunities include hiking, biking, fishing, boating, and in winter, ice fishing and skating.

Winnebago County offers a quality of life that attracts families and individuals, with highly rated public schools, including the Neenah Joint School District and Oshkosh Area School District. The economy is supported by a diverse range of sectors, with manufacturing being the largest industry. Recent economic developments include a $4.5 million Revolving Loan Fund approved by the county to support housing developments, aiming to attract new families and sustain local businesses. Additionally, projects like the Mill on Main multi-family unit in Oshkosh are adding new housing options to the area.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+2.4%

Below national median

Home Prices
+5.7%

Outpacing national median

Climate & Terrain
-1.4

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Oshkosh Corporation Manufacturing
    2,500+
  2. 2
    Amcor Manufacturing
    1,000+
  3. 3
    University of Wisconsin Oshkosh Education
  4. 4
    Oshkosh Area School District Education
  5. 5
    US Bank Finance
  6. 6
    Winnebago County Government
  7. 7
    Advocate Aurora Health (Aurora Medical Center & Aurora Medical Group) Healthcare
    500+
  8. 8
    ThedaCare Regional Medical Center Neenah Healthcare
  9. 9
    Kimberly-Clark Manufacturing
  10. 10
    Plexus Corp Manufacturing

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

[04] Home Value Growth vs National

Winnebago County U.S. National

The Numbers

DEMOGRAPHICS
Population
171,197
-0.06% YoY
Median Household Income
$70,041
Median Home Value
$190,600
+5.68% 12mo
Median Rent
$880
Average Annual Pay
$64,380
+5.3% YoY
Employment
93,556
+0.8% YoY
Income-to-Home-Value
0.3675
More affordable than average
Migration Inflow
5.7%
of pop. from another state
Bachelor's Degree+
29.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$275,000
Days on Market
71
Slower market
Months of Supply
2.6
Seller's market
Sale-to-List Ratio
98.3%
Near asking price
Sold Above List
31.2%
Listings w/ Price Drops
11.9%
Building Permits (2024)
656
Single-Family Permits
293

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.3
per 100K · nat avg 6.3
Firearm Fatalities
9.3
per 100K · nat avg 14.8
Injury Deaths
80.3
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] Score Breakdown

GDP Growth +2.4% 44 percentile
Population Growth -0.1% 27 percentile
Income Growth +9.6% 74 percentile
Vacancy Rate 0.9% 65 percentile
Home Price Change +5.7% 94 percentile
Rent Growth +3.5% 60 percentile
Price/Rent 14x 40 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Winnebago County ranks #142 out of 996 U.S. counties on the Boom Town Index with a score of 86/100, putting it in the top tier nationally. Job growth of +0.8% and a median household income of $70,041 point to a county with active economic momentum.

Is Winnebago County affordable?

By national standards, Winnebago County is quite affordable. Homes here have a median value of $190,600, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $880/month. Residents can generally buy a home without being cost-burdened.

Is Winnebago County growing or shrinking?

Population and employment in Winnebago County are both close to flat — population -0.1% YoY and jobs +0.8%. Home values shifted +5.7% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Winnebago County?

In significant numbers — 5.7% of Winnebago County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

How is the housing market in Winnebago County?

Home values climbed +5.7% year-over-year, which is a solid pace of appreciation. The median home in Winnebago County is now valued at $190,600. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[08] Similar Counties by Size & Score

Outagamie County, WI 85 Washington County, WI 84 La Crosse County, WI 84 Columbia County, WI 84 Racine County, WI 84 Wood County, WI 89 Sangamon County, IL 86 Minnehaha County, SD 86