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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 15.30% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 34.40% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $108,100 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.69 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $628 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 11.40% |
| Home Equity Loan | 7.20% |
| Simple Mortgage | 51.30% |
| Debt Free | 29.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
