Lake Ripley, WI Real Estate
According to census data in the year 2000 there were 843 housing units in Lake Ripley.
This represents a 16.8% growth from 722 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 843 were located in what is classified as a rural area.
Homeownership rate in Lake Ripley is about 85.3%.
Lake Ripley's vacancy rate, including seasonal lodging, is about 21.8%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Lake Ripley were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 4.40% |
| Two Bedrooms | 36.70% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $160,600 |
| Median Price asked for vacant units | $131,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 58.70% |
| Debt Free | 24% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
