What is the median home price in Racine?

The median home price in Racine, Racine city, Wisconsin is $147,000, which is 48% below the national average of 281,900 ($281,900).

Racine, Racine city, Wisconsin has a violent crime rate of 0.6 per 1,000 residents, which is 83% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 3.7 per 1,000 residents.

What is the Walk Score for Racine?

Racine, Racine city, Wisconsin has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 26/100.

What is the median household income in Racine?

The median household income in Racine, Racine city, Wisconsin is $52,766, which is 29% below the national average of 74,580 ($74,580).

What is the average rent in Racine?

The median rent in Racine, Racine city, Wisconsin is $870 per month. The national average median rent is $1,163/month.

What is the air quality in Racine?

Racine, Racine city, Wisconsin has an Air Quality Index (AQI) of 38, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Racine?

The population of Racine, Racine city, Wisconsin is approximately 77,453. The homeownership rate is 67.0% (national average: 65.9%).

What are the climate risks in Racine?

Racine, Racine city, Wisconsin has an overall climate risk rating of "Relatively High" with a risk score of 90.42. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Racine affordable?

Racine, Racine city, Wisconsin has an affordability index of 139, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.8¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Racine?

The unemployment rate in Racine, Racine city, Wisconsin is 6.0%. The national average unemployment rate is 3.7%. The poverty rate is 19.2% (national average: 12.4%).

Racine

Racine city, Wisconsin

Affordable

About Racine

Racine, Wisconsin, offers a refreshing alternative to the soaring costs of living you see in so many other places. Imagine owning a home for a median value of just $147,000 – less than half the national average! This affordability allows for a lifestyle that prioritizes experiences over excessive spending. The city's population of 77,453 enjoys a close-knit community feel, with a pace of life that's relaxed yet engaging. You'll find a welcoming atmosphere and a strong sense of Midwestern charm, making it easy to settle in and feel at home.

From an investment perspective, Racine presents a compelling case. While the median household income of $52,766 is below the national average, the incredibly low cost of housing significantly enhances the quality of life. The city's affordability makes it an attractive option for first-time homebuyers, young families, and those seeking a more budget-friendly retirement. Although specific employment figures are not available, the overall economic landscape supports a stable real estate market. Racine is a place where your hard-earned dollars go further, offering a solid foundation for building a secure and comfortable future.

Racine, Wisconsin at a Glance

Racine is a city in Racine city, Wisconsin with a population of approximately 77,453. The median home value is $147,000 and the median household income is $52,766. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 0.6 per 1,000 residents, which is 83% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $870 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.