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Manitowoc, WI Real Estate


According to census data in the year 2000 there were 14,991 housing units in Manitowoc. This represents a 9.2% growth from 13,728 in 1990.

Of those housing units, 14,791 were located in either urbanized areas or urban clusters, and 200 were located in what is classified as a rural area.

Homeownership rate in Manitowoc is about 67.6%. Manitowoc's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Manitowoc were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom12.90%
Two Bedrooms29.80%
Three Bedrooms40.80%
Four Bedrooms12.90%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1954
Median Value of occupied units$86,000
Median Price asked for vacant units$85,200

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1957
Median Monthly Rent asked for vacant units$430

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9.30%
Home Equity Loan8.40%
Simple Mortgage41.70%
Debt Free40.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%