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Bayfield, WI Real Estate


According to census data in the year 2000 there were 404 housing units in Bayfield. This represents a 9.4% decline from 446 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 404 were located in what is classified as a rural area.

Homeownership rate in Bayfield is about 65.4%. Bayfield's vacancy rate, including seasonal lodging, is about 30%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Bayfield were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type5%
One Bedroom14.40%
Two Bedrooms33.70%
Three Bedrooms33.20%
Four Bedrooms11.90%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1939
Median Value of occupied units$94,500
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1957
Median Monthly Rent asked for vacant units$238

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan2.50%
Simple Mortgage36.30%
Debt Free57.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%