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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