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Niagara, WI Real Estate


According to census data in the year 2000 there were 805 housing units in Niagara. This represents a 2.5% decline from 826 in 1990.

Of those housing units, 799 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.

Homeownership rate in Niagara is about 77%. Niagara's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Niagara were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom8%
Two Bedrooms24.50%
Three Bedrooms47.50%
Four Bedrooms16.60%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1952
Median Value of occupied units$52,000
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1955
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage3.10%
Home Equity Loan4.60%
Simple Mortgage46.10%
Debt Free45.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%