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Rib Lake, WI Real Estate


According to census data in the year 2000 there were 402 housing units in Rib Lake. This represents a 13.2% growth from 355 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 402 were located in what is classified as a rural area.

Homeownership rate in Rib Lake is about 61.1%. Rib Lake's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Rib Lake were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.70%
Two Bedrooms33.60%
Three Bedrooms38.60%
Four Bedrooms16.70%
Five Bedrooms or more0.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1939
Median Value of occupied units$63,200
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1972
Median Monthly Rent asked for vacant units$319

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan6.70%
Simple Mortgage43.80%
Debt Free46.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17%