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Rice Lake, WI Real Estate


According to census data in the year 2000 there were 3,836 housing units in Rice Lake. This represents a 9% growth from 3,520 in 1990.

Of those housing units, 3,605 were located in either urbanized areas or urban clusters, and 231 were located in what is classified as a rural area.

Homeownership rate in Rice Lake is about 60.9%. Rice Lake's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Rice Lake were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom17.30%
Two Bedrooms32.30%
Three Bedrooms34.80%
Four Bedrooms12.10%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1955
Median Value of occupied units$71,500
Median Price asked for vacant units$67,100

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1969
Median Monthly Rent asked for vacant units$463

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan6.60%
Simple Mortgage51.10%
Debt Free38.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%