Bayfield, WI Real Estate
According to census data in the year 2000 there were 404 housing units in Bayfield.
This represents a 9.4% decline from 446 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 404 were located in what is classified as a rural area.
Homeownership rate in Bayfield is about 65.4%.
Bayfield's vacancy rate, including seasonal lodging, is about 30%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Bayfield were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5% |
| One Bedroom | 14.40% |
| Two Bedrooms | 33.70% |
| Three Bedrooms | 33.20% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $94,500 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $238 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 36.30% |
| Debt Free | 57.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
