Income Limits by County

FY2027 Small Area FMR · Goodman, WI

ZIP 54125 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54125 (Goodman, WI) is $1,010 a month, up 4.1% from FY2026. That is 0% equal to the Forest County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 4.1%
Area-wide 2 BR FMR$1,014Forest County, WI
Rank in the area8thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909
2 BR Small Area FMR$1,010
110% of SAFMR$1,111

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 54125 sits in the Forest County, WI area

$1,010$1,110median $1,020

Of the 12 ZIP codes HUD lists for the area, 54125 has the 8th highest two-bedroom Small Area FMR. Forest County, WI is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 for this ZIP code instead.

ZIP code 54125 crosses more than one HUD area. HUD also lists it under Marinette County, WI (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$710$639 – $781$732$740
1 bedroom$780$702 – $858$775$750
2 bedrooms$1,010$909 – $1,111$1,014$970
3 bedrooms$1,210$1,089 – $1,331$1,281$1,170
4 bedrooms$1,520$1,368 – $1,672$1,362$1,450

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $76,900 and the 80% low-income limit for four people is $76,800. ZIP code 54125 lies mainly in Marinette County and Forest County. See the Forest County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
54103Armstrong Creek6.8 mi$1,040
54541Laona10.6 mi$1,010
54104Athelstane10.7 mi$1,020
54119Dunbar11.9 mi$1,140
54566Wabeno14.6 mi$1,010
54138Lakewood17.0 mi$1,020

Questions

What is the Fair Market Rent for ZIP code 54125?

HUD's FY2027 Small Area Fair Market Rents for 54125 are $710 (studio), $780 (1 BR), $1,010 (2 BR), $1,210 (3 BR) and $1,520 (4 BR) a month.

What is the Section 8 payment standard in 54125?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54125 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54125?

The FY2026 income limits of the Forest County, WI area apply: median family income $76,900, low-income (80%) limit $76,800 for a family of four.