Park Falls, WI Real Estate

According to census data in the year 2000 there were 1,299 housing units in Park Falls. This represents a 0.7% decline from 1,308 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,299 were located in what is classified as a rural area.

Homeownership rate in Park Falls is about 70.8%. Park Falls's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Park Falls were built after 1953.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom11.20%
Two Bedrooms34.20%
Three Bedrooms39%
Four Bedrooms13.40%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1952
Median Value of occupied units$61,300
Median Price asked for vacant units$45,800

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1957
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan6.60%
Simple Mortgage47%
Debt Free43.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%