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Paddock Lake, WI Real Estate


According to census data in the year 2000 there were 1,213 housing units in Paddock Lake. This represents a 12.9% growth from 1,074 in 1990.

Of those housing units, 1,111 were located in either urbanized areas or urban clusters, and 102 were located in what is classified as a rural area.

Homeownership rate in Paddock Lake is about 82.5%. Paddock Lake's vacancy rate, including seasonal lodging, is about 11.9%. Average household size is 2.85 people.

The majority of houses, apartments or condos in Paddock Lake were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom5%
Two Bedrooms33.20%
Three Bedrooms37.70%
Four Bedrooms20%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1968
Median Value of occupied units$112,600
Median Price asked for vacant units$132,100

Rented Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1962
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage10.50%
Home Equity Loan15.90%
Simple Mortgage49.80%
Debt Free22.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%