Milwaukee, WI Real Estate
According to census data in the year 2000 there were 249,215 housing units in Milwaukee.
This represents a 2% decline from 254,204 in 1990.
Of those housing units, 249,215 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Milwaukee is about 45.3%.
Milwaukee's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Milwaukee were built after 1952.
|Housing Units by Size|
|Five Bedrooms or more||2.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1950|
|Median Value of occupied units||$80,400|
|Median Price asked for vacant units||$57,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.41|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$435|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||10.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.4%|