Racine, MN Real Estate
According to census data in the year 2000 there were 117 housing units in Racine.
This represents a 18.2% growth from 99 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 117 were located in what is classified as a rural area.
Homeownership rate in Racine is about 89.7%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Racine were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||1.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.94|
|Median year structure was built||1974|
|Median Value of occupied units||$92,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.42|
|Median year structure was built||1940|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||22.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|