Nichols, WI Real Estate
According to census data in the year 2000 there were 130 housing units in Nichols.
This represents a 41.3% growth from 92 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 130 were located in what is classified as a rural area.
Homeownership rate in Nichols is about 75.2%.
Nichols's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Nichols were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 9.20% |
| Two Bedrooms | 42.30% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 7.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $71,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1964 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 15.80% |
| Home Equity Loan | 7% |
| Simple Mortgage | 24.60% |
| Debt Free | 52.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
