Fremont, WI · standard
ZIP Code 54940
Waupaca County, Wisconsin - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,020
- 18/sq mi Moderate-density area
- $90,813
- Median income Above-median income area
- $307,100
- Median home value Above-median home value
- 28.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Fremont pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 26%
- household income, US ZIPs
- Top 32%
- home value, US ZIPs
- 18
- people per sq mi
- 89%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 54940 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 54940 (Fremont, WI) rose +22.1% from 2023 to 2024. The all-transactions index moved from 180.2 in 2023 to 220.1 in 2024 (2000 = 100).
ZIP code 54940 covers 224.6 square miles in Fremont, Waupaca County, Wisconsin (a standard USPS delivery area), with a modest 4,020 residents on file, a density of 18 people per square mile, in the Chicago time zone.
ZIP 54940 lands in the middle-income range, with a median household income of $90,813 (16% above the average Wisconsin ZIP), while per-capita income is $44,545. Both reported hardship measures are comparatively low in absolute terms: poverty is 5.3% and unemployment is 0.5%. Housing is both higher-cost and owner-heavy: median home value is $307,100 (23% above the average Wisconsin ZIP), while 88.8% of occupied homes are owner-occupied and median rent is $1,026.
Educational attainment sits below the national norm: 28.0% of adults hold a bachelor's degree or higher, the median age is 47.3, and the average commute is 27 minutes. The page also surfaces 3 ZIP codes within roughly 10 miles and 6 more in Waupaca County, so 54940 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 54940
Top 5 sectors by establishment count in Fremont, WI
Which industries have the most business establishments in ZIP 54940.
- Construction
Construction
21 establishments
- Accommodation and food services
Accommodation and food services
18 establishments
- Other services (except public administration)
Other services (except public administration)
9 establishments
- Retail trade 7
Retail trade
7 establishments
- Wholesale trade 6
Wholesale trade
6 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 54940, Fremont, WI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
4,020
Population
224.6
Area (sq mi)
18
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 54940?
47.3
Median Age
48.6%
Male
51.4%
Female
0.5%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$90,813
Median Household Income
+16% vs state ZIP avg
$44,545
Per Capita Income
5.3%
Poverty Rate
0.5%
Unemployment Rate
26.9 min
Mean Commute Time
How ZIP 54940 ranks among Wisconsin ZIPs
Fremont, WI household income vs. every Wisconsin ZIP code
Median household income among 755 reporting Wisconsin ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$90,813 Top 23% higher than 77% of 755 Wisconsin ZIPs
Each bar is a $20K-wide band; taller bars hold more Wisconsin ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
2,154housing units
2,154
Total Housing Units
1,856
Occupied Units
298
Vacant Units
2.44
Avg Household Size
Occupancy Type
$307,100
Median Home Value
+23% vs state ZIP avg
$1,026
Median Rent
1980
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+22.1%
YoY Change (2024)
220
HPI Index (2000 = 100)
+120%
Total Change Since 2000
Home values in ZIP 54940 have increased 22.1% over the past year (2024). Since 2000, this ZIP has seen +120% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.1% | 139 |
| 2021 | +15.4% | 160 |
| 2022 | +16.6% | 187 |
| 2023 | -3.4% | 180 |
| 2024 | +22.1% | 220 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 88 business establishments in ZIP 54940, employing approximately 457 people with a combined annual payroll of $16,806,000.
88
Businesses
457
Employees
$16.8M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 21 | 23.9% |
| Accommodation and food services | 18 | 20.4% |
| Other services (except public administration) | 9 | 10.2% |
| Retail trade | 7 | 8.0% |
| Wholesale trade | 6 | 6.8% |
| Administrative and support and waste management and remediation services | 6 | 6.8% |
| Manufacturing | 4 | 4.5% |
| Finance and insurance | 4 | 4.5% |
| Health care and social assistance | 4 | 4.5% |
| Professional, scientific, and technical services | 3 | 3.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 54940 vs 54983 →
ZIP 54940 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 54986
Winneconne (54986)
4,770 residents
- 54983
Weyauwega (54983)
4,642 residents
- 54940
Fremont (54940)
4,020 residents
- 54967 434
Poy Sippi (54967)
434 residents
What this shows Among its immediate neighbors, ZIP 54940 ranks #3 by population - useful context the national average alone can't give.
ZIP 54940 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 54986
Winneconne (54986)
$93,189 median income
- 54940
Fremont (54940)
$90,813 median income
- 54983
Weyauwega (54983)
$71,094 median income
- 54967
Poy Sippi (54967)
$51,555 median income
What this shows By household income, ZIP 54940 ranks #2 of 4 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 54940, both outside WI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (4,020 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Waupaca County
Related Areas
Frequently Asked Questions
What county is ZIP code 54940 in?
ZIP code 54940 (Fremont) is located in Waupaca County, Wisconsin. Waupaca County contains multiple ZIP codes, see the full list at /counties/waupaca-wi.
What is the population of ZIP code 54940?
ZIP code 54940 in Fremont, WI has a population of 4,020 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 54940?
The median household income in ZIP 54940 is $90,813, which is 19% above the national average of $76,288.
What is the average home value in ZIP 54940?
The median home value in ZIP 54940 is $307,100, which is 10% above the national average of $278,155.
What is the demographic makeup of ZIP 54940?
The largest racial group in ZIP 54940 is White at 94.1%. Hispanic or Latino residents make up 3.0% of the population.
How many businesses are in ZIP code 54940?
ZIP code 54940 has 88 business establishments employing approximately 457 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 54940?
The top industries by establishment count in ZIP 54940 are: Construction (21), Accommodation and food services (18), Other services (except public administration) (9). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 54940?
According to the FHFA House Price Index, home values in ZIP 54940 increased by 22.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 120%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 54940?
In ZIP code 54940, 61.8% of residents aged 25+ have a high school diploma or higher, and 28.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 54940?
The mean commute time for workers in ZIP code 54940 is 26.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 54940?
In ZIP code 54940, approximately 88.8% of occupied housing units are owner-occupied and 11.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 54940?
The poverty rate in ZIP code 54940 is 5.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 54940's numbers, next.
- See how ZIP 54940 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Fremont, WI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.