Affordable housing in the City of Racine

Housing information

       
  Racine Chicago Milwaukee United States
 Median Home Age 61 67 62 37
 Median Home Cost $86,800 $208,900 $95,800 $185,800
 Property Tax Rate $21.25 $21.39 $25.62 $11.80
 Homes Owned 49.32% 38.58% 38.39% 56.34%
 Housing Vacant 11.90% 13.62% 10.77% 12.45%
 Homes Rented 38.78% 47.81% 50.84% 31.21%

Average rent

  Racine Chicago Milwaukee United States
 Studio Apartment $610 $850 $551 $712
 1 Bedroom $660 $979 $672 $825
 2 Bedroom $855 $1,139 $833 $1,027
 3 Bedroom $1,145 $1,453 $1,048 $1,379
 4 Bedroom $1,200 $1,711 $1,197 $1,601

Source: Sperling’s Best Places, 2016

Cost of living

  Racine, WI Chicago Milwaukee United States
 Overall 81 111 84 100
 Grocery 93.9 110.8 96.6 100
 Health 105 101 113 100
 Housing 47 112 52 100
 Utilities 99 105 111 100
 Transportation 99 122 97 100
 Miscellaneous 96 106 96 100

Source: Sperling’s Best Places, 2016