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Racine, WI Housing

 
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As of 2010-2014, median price of a house in Racine is $114,800, which is lower than the state average of $165,900 and is lower than the national average of $175,700. The Racine median house value has grown by 37.32% since 2000. The growth rate for the price of a house in Racine is lower than the state average rate of 47.86% and is lower than the national average rate of 46.91%. The median year that a house in Racine was built is 1951, 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 ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 16,782 Owner Occupied Houses in Racine, WI, #428
Racine, WI
114,800 USD
Wisconsin
165,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #408
Racine, WI
37.32%
Wisconsin
47.86%
U.S.
46.91%
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, WIWisconsinU.S.
Total Housing Units34,030, see rank, 100%2,635,602132,741,033
Occupied Housing Units29,979, 88.10%, see rank87.01%87.55%
Owner Occupied16,782, 49.32%, see rank58.88%56.34%
Renter Occupied13,197, 38.78%, see rank28.13%31.21%
Vacant Housing Units4,051, 11.90%, see rank12.99%12.45%
For Rent1,344, 3.95%, see rank1.55%2.34%
For Sale Only200, 0.59%, see rank1.14%1.20%
Rented or Sold, Not Occupied225, 0.66%, see rank0.58%0.92%
For Seasonal, Recreational, or Occasional Use319, 0.94%, see rank7.02%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant1,963, 5.77%, see rank2.67%4.00%

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

Year Structure Built

Median Built Year, #662
Racine, WIWisconsinU.S.
195119721976

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, WI%WisconsinU.S.
Owner-Occupied Units16,782100%1,551,76974,787,460
With a Mortgage11,21666.83%, see rank66.34%65.58%
Without a Mortgage5,56633.17%, see rank33.66%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, WI
1,214 USD
Wisconsin
1,431 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRacine, WI%WisconsinU.S.
$299 or Less460.41%, see rank0.10%0.20%
$300 to $4991050.94%, see rank1.02%1.59%
$500 to $6995354.77%, see rank4.21%5.01%
$700 to $9992,55022.74%, see rank14.68%14.32%
$1,000 to $1,4995,13745.80%, see rank34.81%27.90%
$1,500 to $1,9992,15919.25%, see rank24.78%20.35%
$2,000 to $2,9996335.64%, see rank15.85%19.52%
$3,000 or More510.45%, see rank4.55%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Racine, WI
24.10% 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, WI%WisconsinU.S.
10% or Less5715.09%, see rank4.51%5.86%
10% to 20%3,62532.32%, see rank33.66%31.95%
20% to 30%3,11627.78%, see rank30.65%27.64%
30% to 40%1,43712.81%, see rank13.53%13.74%
40% or More2,42921.66%, see rank17.33%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, WI
491 USD
Wisconsin
533 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRacine, WI%WisconsinU.S.
$199 or Less921.65%, see rank2.64%7.76%
$200 to $2993386.07%, see rank6.41%14.70%
$300 to $4992,49844.88%, see rank34.53%34.63%
$500 to $6991,77031.80%, see rank33.44%21.16%
$700 or More86815.59%, see rank22.98%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Racine, WI
16.00% 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, WI%WisconsinU.S.
10% or Less1,32223.75%, see rank33.30%40.19%
10% to 20%2,25640.53%, see rank35.42%31.47%
20% to 30%85915.43%, see rank14.69%12.24%
30% to 40%3696.63%, see rank6.48%5.64%
40% or More69912.56%, see rank9.14%9.16%

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

Units in Structure

 Racine, WIWisconsinU.S.
Total Housing Units34,030, 100%2,635,602132,741,033
1-unit, Detached20,250, 59.51%, see rank66.63%61.65%
1-unit, Attached727, 2.14%, see rank4.34%5.82%
2 Units5,452, 16.02%, see rank6.57%3.75%
3 or 4 Units1,932, 5.68%, see rank3.79%4.43%
5 to 9 Units1,204, 3.54%, see rank4.88%4.78%
10 or More Units4,364, 12.82%, see rank10.13%13.08%
Mobile Home, Boat, RV, Van, etc.101, 0.30%, see rank3.65%6.49%

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

Rooms

 Racine, WIWisconsinU.S.
Total Housing Units34,030, 100%2,635,602132,741,033
1 Room466, 1.37%, see rank1.60%1.95%
2 Rooms512, 1.50%, see rank2.32%2.48%
3 Rooms3,527, 10.36%, see rank8.42%9.13%
4 Rooms6,246, 18.35%, see rank16.51%16.60%
5 Rooms8,683, 25.52%, see rank20.77%20.41%
6 Rooms7,318, 21.50%, see rank17.70%18.06%
7 Rooms3,559, 10.46%, see rank12.69%12.27%
8 Rooms1,677, 4.93%, see rank8.89%8.48%
9 Rooms or More2,042, 6.00%, see rank11.10%10.60%
Median Rooms5.20, see rank5.505.50

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

Bedrooms

 Racine, WIWisconsinU.S.
Total Housing Units34,030, 100%2,635,602132,741,033
No Bedroom512, 1.50%, see rank1.76%2.17%
1 Bedroom4,411, 12.96%, see rank9.90%11.16%
2 Bedrooms10,782, 31.68%, see rank28.88%26.69%
3 Bedrooms14,180, 41.67%, see rank41.24%39.70%
4 Bedrooms3,273, 9.62%, see rank14.72%16.05%
5 or More Bedrooms872, 2.56%, see rank3.50%4.22%

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

House Heating Fuel

 Racine, WIWisconsinU.S.
Total Housing Units29,979, 100%2,293,250116,211,092
Utility Gas24,066, 80.28%, see rank65.30%48.85%
Bottled, Tank, or LP Gas496, 1.65%, see rank10.88%4.86%
Electricity4,409, 14.71%, see rank14.81%36.68%
Fuel Oil, Kerosene, etc.619, 2.06%, see rank3.02%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood134, 0.45%, see rank4.57%2.12%
Solar Energy6, 0.02%, see rank0.03%0.05%
Other Fuel165, 0.55%, see rank0.94%0.47%
No Fuel Used84, 0.28%, see rank0.44%1.00%

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

Gross Rent

Monthly RentalRacine, WIWisconsinU.S.
Occupied Units Paying Rent12,813, 100%709,82839,201,928
$199 or Less177, 1.38%, see rank1.15%1.50%
$200 to $299506, 3.95%, see rank3.37%3.18%
$300 to $4991,603, 12.51%, see rank9.44%7.37%
$500 to $6993,322, 25.93%, see rank24.99%16.01%
$700 to $9994,876, 38.06%, see rank38.29%29.17%
$1,000 to $1,4992,132, 16.64%, see rank18.34%26.88%
$1,500 to $1,999186, 1.45%, see rank3.01%9.79%
$2,000 or More11, 0.09%, see rank1.41%6.10%
Median$739, see rank$772$920

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

Vehicle Available

 Racine, WIWisconsinU.S.
Occupied Housing Units29,979, 100%2,293,250116,211,092
No Vehicles Available3,999, 13.34%, see rank7.13%9.12%
1 Vehicles Available11,946, 39.85%, see rank32.55%33.80%
2 Vehicles Available10,446, 34.84%, see rank40.36%37.48%
3 or More Vehicles Available3,588, 11.97%, see rank19.97%19.61%

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


 
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