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Racine, WI

Full City Profile · Wisconsin · Racine County County

3.1 /5.0
B Good
77,155 Population 4,987/sq mi density
$55,705 Median Income $28,533 per capita
$158,100 Home Value $206,038 Zillow
$983 Median Rent 29.8% income on rent
47°F Avg Temperature 260 sunny days/yr
377 Violent Crime/100K 1,281 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$55,705 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$158,100 home value, $983/mo rent
F
Safety
1.0 / 5.0
377 violent crimes/100K
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher

Housing Overview

Median Home Value
$158,100
44% below
US avg: $281,900
Median Rent
$983/mo
15% below
US avg: $1,163/mo
Homeownership Rate
60.1%
8% below US avg (65.4%)
Total Housing Units
33,979
Median year built: 1953

Home Value by Source

Census Median
$158,100
Zillow (ZHVI)
$206,038
Median Sale Price
$197,000
Median List Price
$225,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.1%
Owner-Occupied
39.9%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$851/mo
1 Bedroom
$988/mo
2 Bedroom
$1,235/mo
3 Bedroom
$1,592/mo
4 Bedroom
$1,962/mo
Census median rent: $983/mo · Zillow rent: $1,184/mo

Market Indicators (Redfin)

Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
56
Price Drops
21.7%
of listings with price reduction
Price Per Sq Ft
$152
Active Inventory
92
homes for sale

Affordability & Housing Stock

Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
60.1%

Complete Housing Data

Home Values

Census Median Value$158,100
Zillow Home Value (ZHVI)$206,038
Median Sale Price$197,000
Median List Price$225,000
Price Per Sq Ft$152

Rent

Census Median Rent$983
Zillow Rent (ZORI)$1,184
FMR Studio$851
FMR 1-Bedroom$988
FMR 2-Bedroom$1,235
FMR 3-Bedroom$1,592
FMR 4-Bedroom$1,962

Market

Days on Market42
Sale-to-List Ratio1.0%
Price Drops21.7%
Homes Sold56
Active Inventory92
Price Per Sq Ft$152

Ownership & Stock

Owner-Occupied60.1%
Renter-Occupied39.9%
Homeownership Rate60.1%
Total Housing Units33,979
Median Year Built1953
Rent Burden29.8%