Melrose, WI Real Estate
According to census data in the year 2000 there were 232 housing units in Melrose.
This represents a 7.6% decline from 251 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 232 were located in what is classified as a rural area.
Homeownership rate in Melrose is about 77.7%.
Melrose's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Melrose were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.30% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 39.70% |
| Four Bedrooms | 18.50% |
| Five Bedrooms or more | 5.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $66,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.71 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 37% |
| Debt Free | 46.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
