Racine, WI Real Estate

According to census data in the year 2000 there were 33,458 housing units in Racine. This represents a 0.9% growth from 33,156 in 1990.

Of those housing units, 33,458 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Racine is about 60.2%. Racine's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Racine were built after 1951.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom13.30%
Two Bedrooms31.40%
Three Bedrooms40.90%
Four Bedrooms10.40%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1950
Median Value of occupied units$83,600
Median Price asked for vacant units$79,400

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1955
Median Monthly Rent asked for vacant units$460

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.10%
Home Equity Loan11.90%
Simple Mortgage47.20%
Debt Free32.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%