Home

Lake Ripley, WI Real Estate


According to census data in the year 2000 there were 843 housing units in Lake Ripley. This represents a 16.8% growth from 722 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 843 were located in what is classified as a rural area.

Homeownership rate in Lake Ripley is about 85.3%. Lake Ripley's vacancy rate, including seasonal lodging, is about 21.8%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Lake Ripley were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom4.40%
Two Bedrooms36.70%
Three Bedrooms42.20%
Four Bedrooms13.40%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1976
Median Value of occupied units$160,600
Median Price asked for vacant units$131,300

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1970
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan10.30%
Simple Mortgage58.70%
Debt Free24%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%