New Richmond, WI Real Estate

According to census data in the year 2000 there were 2,643 housing units in New Richmond. This represents a 30.5% growth from 2,025 in 1990.

Of those housing units, 2,589 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.

Homeownership rate in New Richmond is about 63.4%. New Richmond's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.38 people.

The majority of houses, apartments or condos in New Richmond were built after 1974.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom15.30%
Two Bedrooms34.30%
Three Bedrooms34.40%
Four Bedrooms11.70%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1969
Median Value of occupied units$108,100
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1979
Median Monthly Rent asked for vacant units$628

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage11.40%
Home Equity Loan7.20%
Simple Mortgage51.30%
Debt Free29.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19%