Ripon, WI Real Estate
According to census data in the year 2000 there were 3,111 housing units in Ripon.
This represents a 10.9% growth from 2,804 in 1990.
Of those housing units, 3,023 were located in either urbanized areas or urban clusters, and 88 were located in what is classified as a rural area.
Homeownership rate in Ripon is about 64.8%.
Ripon's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Ripon were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.30% |
| One Bedroom | 11.40% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $89,500 |
| Median Price asked for vacant units | $89,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.62 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $453 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 42.80% |
| Debt Free | 40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
