River Falls, WI Real Estate
According to census data in the year 2000 there were 4,349 housing units in River Falls.
This represents a 23.4% growth from 3,525 in 1990.
Of those housing units, 4,317 were located in either urbanized areas or urban clusters, and 32 were located in what is classified as a rural area.
Homeownership rate in River Falls is about 50.9%.
River Falls's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in River Falls were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 14.80% |
| Two Bedrooms | 35.40% |
| Three Bedrooms | 30.30% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $127,000 |
| Median Price asked for vacant units | $106,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $444 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 11% |
| Home Equity Loan | 12% |
| Simple Mortgage | 55.90% |
| Debt Free | 20.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
