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Racine Mortgage Quotes And Real Estate


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Racine Mortgage and Real Estate Facts

Overview

Racine has 31,498 housing units, combining houses, condominiums, and apartments. About 60% of housing units in the city are owner-occupied.

Racine Mortgage

About 68% of owner-occupied housing units in Racine have a mortgage of one type or another. Approximately 20% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Racine area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Racine Mortgage Statistics

CategoryValue
Homes With No Mortgage32%
With A Mortgage68%
First Mortgage Only48%
Second Mortgage or Home Equity Loan20%
Second Mortgage Only8%
Home Equity Loan Only12%

Racine Housing Expenses

CategoryValue
Owner Costs as % of Income18.4%
Median Real Estate Taxes (2000)$2,066

Racine Household Size

CategoryValue
Total Occupied31,498
1-Person Households29%
2-Person Households30%
3-Person Households16%
4-Person Households14%
5-Person Households7%
6-Person Households2%
7+-Person Households2%

Racine Housing Stock

CategoryValue
Median Year Built1951
Median Year Built (Owner Occupied)1950
Median Year Built (Renter Occupied)1955

Racine Home Heating

CategoryValue
Using Utility Co. Gas Heat91%
Using Bottled/Tank Gas Heat1%
Using Electric Heat3%
Using Oil Heat5%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Racine Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms24%
3 Bedrooms55%
4 Bedrooms16%
5+ Bedrooms3%

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