Menomonee Falls, WI Real Estate
According to census data in the year 2000 there were 13,150 housing units in Menomonee Falls.
This represents a 30.9% growth from 10,043 in 1990.
Of those housing units, 12,268 were located in either urbanized areas or urban clusters, and 882 were located in what is classified as a rural area.
Homeownership rate in Menomonee Falls is about 77.1%.
Menomonee Falls's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Menomonee Falls were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 9.40% |
| Two Bedrooms | 17.20% |
| Three Bedrooms | 53.20% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $151,600 |
| Median Price asked for vacant units | $217,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.66 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $692 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 14.30% |
| Simple Mortgage | 48.20% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
