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Racine Metro Area Housing

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As of 2010-2014, median price of a house in Racine Area is $167,300, which is about the same as the state average of $165,900 and is lower than the national average of $175,700. The median year that a house in Racine Area was built is 1965, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 52,433 Owner Occupied Houses in Racine Area, #203

Racine Area	167,300 USD
Wisconsin	165,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Racine Area		-2.56%
Wisconsin		47.86%
U.S.		46.91%

*The Racine Area median house price growth rate is since 2005-2009. The Wisconsin and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Racine Area	Wisconsin	U.S.
Total Housing Units	82,223, see rank, 100%	2,635,602	132,741,033
Occupied Housing Units	75,078, 91.31%, see rank	87.01%	87.55%
Owner Occupied	52,433, 63.77%, see rank	58.88%	56.34%
Renter Occupied	22,645, 27.54%, see rank	28.13%	31.21%
Vacant Housing Units	7,145, 8.69%, see rank	12.99%	12.45%
For Rent	1,738, 2.11%, see rank	1.55%	2.34%
For Sale Only	651, 0.79%, see rank	1.14%	1.20%
Rented or Sold, Not Occupied	453, 0.55%, see rank	0.58%	0.92%
For Seasonal, Recreational, or Occasional Use	1,367, 1.66%, see rank	7.02%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	2,936, 3.57%, see rank	2.67%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #708

Racine Area	Wisconsin	U.S.
1965	1972	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Racine Area	%	Wisconsin	U.S.
Owner-Occupied Units	52,433	100%	1,551,769	74,787,460
With a Mortgage	35,633	67.96%, see rank	66.34%	65.58%
Without a Mortgage	16,800	32.04%, see rank	33.66%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Racine Area	1,472 USD
Wisconsin	1,431 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Racine Area	%	Wisconsin	U.S.
$299 or Less	46	0.13%, see rank	0.10%	0.20%
$300 to $499	218	0.61%, see rank	1.02%	1.59%
$500 to $699	1,215	3.41%, see rank	4.21%	5.01%
$700 to $999	4,947	13.88%, see rank	14.68%	14.32%
$1,000 to $1,499	12,087	33.92%, see rank	34.81%	27.90%
$1,500 to $1,999	9,946	27.91%, see rank	24.78%	20.35%
$2,000 to $2,999	5,753	16.15%, see rank	15.85%	19.52%
$3,000 or More	1,421	3.99%, see rank	4.55%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Racine Area	23.50% of the Total Income
Wisconsin	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Racine Area	%	Wisconsin	U.S.
10% or Less	1,666	4.68%, see rank	4.51%	5.86%
10% to 20%	11,725	32.90%, see rank	33.66%	31.95%
20% to 30%	10,596	29.74%, see rank	30.65%	27.64%
30% to 40%	4,884	13.71%, see rank	13.53%	13.74%
40% or More	6,637	18.63%, see rank	17.33%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Racine Area	570 USD
Wisconsin	533 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Racine Area	%	Wisconsin	U.S.
$199 or Less	177	1.05%, see rank	2.64%	7.76%
$200 to $299	623	3.71%, see rank	6.41%	14.70%
$300 to $499	4,999	29.76%, see rank	34.53%	34.63%
$500 to $699	6,957	41.41%, see rank	33.44%	21.16%
$700 or More	4,044	24.07%, see rank	22.98%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Racine Area	14.50% of the Total Income
Wisconsin	13.70% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Racine Area	%	Wisconsin	U.S.
10% or Less	4,863	28.95%, see rank	33.30%	40.19%
10% to 20%	6,486	38.61%, see rank	35.42%	31.47%
20% to 30%	2,559	15.23%, see rank	14.69%	12.24%
30% to 40%	1,059	6.30%, see rank	6.48%	5.64%
40% or More	1,665	9.91%, see rank	9.14%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Racine Area	Wisconsin	U.S.
Total Housing Units	82,223, 100%	2,635,602	132,741,033
1-unit, Detached	55,981, 68.08%, see rank	66.63%	61.65%
1-unit, Attached	3,025, 3.68%, see rank	4.34%	5.82%
2 Units	7,311, 8.89%, see rank	6.57%	3.75%
3 or 4 Units	3,242, 3.94%, see rank	3.79%	4.43%
5 to 9 Units	4,235, 5.15%, see rank	4.88%	4.78%
10 or More Units	7,482, 9.10%, see rank	10.13%	13.08%
Mobile Home, Boat, RV, Van, etc.	947, 1.15%, see rank	3.65%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Racine Area	Wisconsin	U.S.
Total Housing Units	82,223, 100%	2,635,602	132,741,033
1 Room	884, 1.08%, see rank	1.60%	1.95%
2 Rooms	972, 1.18%, see rank	2.32%	2.48%
3 Rooms	5,887, 7.16%, see rank	8.42%	9.13%
4 Rooms	12,665, 15.40%, see rank	16.51%	16.60%
5 Rooms	18,536, 22.54%, see rank	20.77%	20.41%
6 Rooms	18,077, 21.99%, see rank	17.70%	18.06%
7 Rooms	11,112, 13.51%, see rank	12.69%	12.27%
8 Rooms	6,480, 7.88%, see rank	8.89%	8.48%
9 Rooms or More	7,610, 9.26%, see rank	11.10%	10.60%
Median Rooms	5.60, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Racine Area	Wisconsin	U.S.
Total Housing Units	82,223, 100%	2,635,602	132,741,033
No Bedroom	967, 1.18%, see rank	1.76%	2.17%
1 Bedroom	7,117, 8.66%, see rank	9.90%	11.16%
2 Bedrooms	22,216, 27.02%, see rank	28.88%	26.69%
3 Bedrooms	38,361, 46.65%, see rank	41.24%	39.70%
4 Bedrooms	11,124, 13.53%, see rank	14.72%	16.05%
5 or More Bedrooms	2,438, 2.97%, see rank	3.50%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Racine Area	Wisconsin	U.S.
Total Housing Units	75,078, 100%	2,293,250	116,211,092
Utility Gas	60,129, 80.09%, see rank	65.30%	48.85%
Bottled, Tank, or LP Gas	2,092, 2.79%, see rank	10.88%	4.86%
Electricity	9,640, 12.84%, see rank	14.81%	36.68%
Fuel Oil, Kerosene, etc.	1,722, 2.29%, see rank	3.02%	5.86%
Coal or Coke	16, 0.02%, see rank	0.01%	0.12%
Wood	830, 1.11%, see rank	4.57%	2.12%
Solar Energy	6, 0.01%, see rank	0.03%	0.05%
Other Fuel	444, 0.59%, see rank	0.94%	0.47%
No Fuel Used	199, 0.27%, see rank	0.44%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Racine Area	Wisconsin	U.S.
Occupied Units Paying Rent	21,721, 100%	709,828	39,201,928
$199 or Less	243, 1.12%, see rank	1.15%	1.50%
$200 to $299	624, 2.87%, see rank	3.37%	3.18%
$300 to $499	2,146, 9.88%, see rank	9.44%	7.37%
$500 to $699	5,149, 23.71%, see rank	24.99%	16.01%
$700 to $999	8,065, 37.13%, see rank	38.29%	29.17%
$1,000 to $1,499	4,834, 22.25%, see rank	18.34%	26.88%
$1,500 to $1,999	449, 2.07%, see rank	3.01%	9.79%
$2,000 or More	211, 0.97%, see rank	1.41%	6.10%
Median	$783, see rank	$772	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Racine Area	Wisconsin	U.S.
Occupied Housing Units	75,078, 100%	2,293,250	116,211,092
No Vehicles Available	5,754, 7.66%, see rank	7.13%	9.12%
1 Vehicles Available	25,004, 33.30%, see rank	32.55%	33.80%
2 Vehicles Available	30,007, 39.97%, see rank	40.36%	37.48%
3 or More Vehicles Available	14,313, 19.06%, see rank	19.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.