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Racine Wisconsin Real Estate By Jennifer Hershey

Racine Wisconsin Real Estate

Racine, Wisconsin, is located in Racine County, of , and 23 miles S of Milwaukee, Wisconsin. Racine has a population of 81,855.

Racine Homes

Racine properties pool is 31,498 residential properties including Racine new homes. Median age of real estate in Racine is 1951. Average Household size is 3.15 people. 3% are one bedroom homes, 24% are 2 bedroom homes, 55% are 3 bedroom homes, 16% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Racine Mortgage Statistics

Racine mortgages vs. USA median statistics

Homes Racine USA
Homes With No Mortgage 32%
30%
Homes With Mortgage 68%
70%
First Mortgage Only 48%
54%
First & Second Mortgage or HELOC 20%
16%

Racine Area Real Estate Tax

Racine Real estate Tax: Median Real Estate Taxes (2000) were $2,066 comparing to 1999 Median Family income $ 45,150. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Racine School District: Children make up 28.7% of Racine population. Racine has 23,530 under 18 years old residents, or 0.67 kids per one worker, or 0.75 kids per one household.

Racine Real Estate & Racine Homeownership

There are 9134.42 or 29% one person households, 9449.4 or 30% two person households, and 5039.68 or 16% three person households in Racine, Wisconsin. Median residents age is 33.1, Senior citizens (65+) make up 10,025 or 12.2%% of Racine population.

There are 35,175 workers (over 16 years of age) in Racine. Of these, 90.96% drive to work. Approximately 3.32% of workers in Racine take public transportation. An estimated 3.02% walk to work.

Median Racine homeowner's housing expences are 18.4%

Crime in Racine (2003), crimes per 10,000 residents per year

Type of Crime Racine USA, 2003
Violent Crimes
38.73
47.5
Robberies
25.04
14.2
Aggravated Assaults
10.63
29.5
Property Crimes
524.1
358.8
Burglaries
102.13
74.0
Larceny-Thefts
373.22
241.5
Motor Vehicle Thefts
48.74
43.3

Invest in Racine Properties

When making a decision about buying real estate in Racine Wisconsin area, you should consider following statistical data:

Category Racine USA
Near Medium City
-
Near Large City
Milwaukee, Wisconsin
-
Racine Zip Codes
53402, 53403, 53404, 53405, 53406
-
Racine Area Codes
262
-
White population
68.91%
75.1%
African-American population
20.32%
12.3%
Asian
0.61%
3.6%
American Indian & Alaskan
0.4%
0.9%
Hispanic (of any race)
13.95%
12.5%
Median Family Income (1999)
$ 45,150%
$42,000
Population Below Poverty Level
13.58%
12.4%

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See Also:

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Sturtevant Wisconsin Real Estate
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