Elm Grove, WI Real Estate
According to census data in the year 2000 there were 2,557 housing units in Elm Grove.
This represents a 6.6% growth from 2,398 in 1990.
Of those housing units, 2,557 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Elm Grove is about 90.1%.
Elm Grove's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Elm Grove were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.10% |
| One Bedroom | 3.90% |
| Two Bedrooms | 16.80% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 30.50% |
| Five Bedrooms or more | 6.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $263,900 |
| Median Price asked for vacant units | $287,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.24 |
| Median year structure was built | 1967 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 13.50% |
| Simple Mortgage | 43.70% |
| Debt Free | 37.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
