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South Milwaukee, WI Real Estate


According to census data in the year 2000 there were 9,103 housing units in South Milwaukee. This represents a 8% growth from 8,428 in 1990.

Of those housing units, 9,103 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in South Milwaukee is about 62%. South Milwaukee's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.39 people.

The majority of houses, apartments or condos in South Milwaukee were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom14.60%
Two Bedrooms28.10%
Three Bedrooms43.60%
Four Bedrooms10.40%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1954
Median Value of occupied units$111,300
Median Price asked for vacant units$133,300

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1965
Median Monthly Rent asked for vacant units$563

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.50%
Home Equity Loan14.30%
Simple Mortgage41.90%
Debt Free35%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%