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 |
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