Racine, OH Real Estate
According to census data in the year 2000 there were 318 housing units in Racine.
This represents a 2.9% growth from 309 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 318 were located in what is classified as a rural area.
Homeownership rate in Racine is about 72.1%.
Racine's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Racine were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 4.70% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 43.40% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $57,400 |
| Median Price asked for vacant units | $37,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 1.70% |
| Simple Mortgage | 37.20% |
| Debt Free | 55.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.2% |
