Zip lookup · WI

54542
Long Lake, Wisconsin.

Long Lake, Forest County, WI · Iron Mountain, MI-WI metro · population 702

What it costs per month · 54542 $823/mo

to buy the typical home at today's mortgage rate — +$454 (+123%) since Jan 2020.

What the home itself did
1 year
Up $15,110 +11%
$141,716$156,827 since Sep 2025
5 years
Up $36,646 +30%
$120,181$156,827 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 54542 $823 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 54542$823
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in zip 54542 rose 10.7% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Forest County, WI 61% · Florence County, WI 39%

Zillow also publishes an index for the city itself: Long Lake, WI — measured over the city limits, which is a different area from this zip.

Typical home value $156,827 as of Sep 2026
+10.7%year on year

Typical home value — 54542

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 54542 $156,827 Iron Mountain $184,731 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 54542$156,827
  • Iron Mountain$184,731
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
11.0 49915 Caspian 570 — $74,087
11.3 49927 Gaastra 371 — $104,905
14.6 54511 Argonne 1,393 — $184,495
15.9 54120 Fence 213 — $209,049
18.6 54554 Phelps 1,148 — $347,910
18.7 54562 Three Lakes 2,038 — $447,108
18.9 49935 Iron River 5,841 — $154,520
19.5 54121 Florence 3,257 — $218,809

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.