Big Falls Wisconsin Area Home Supply Charts

This page looks at a variety of Big Falls Wisconsin housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Big Falls shows it has a Housing Units of 102 which is the second smallest in terms of housing units of all the other places in the greater region.

Figure 2 illustrates the housing density in the Big Falls housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Big Falls depicts it has a Housing Density of 214.5 which is in the intermediate range of other places in the local area. The city with the highest housing density in the area is Manawa which depicts a density of 414.9 (about twice as large). Comparing housing density to the United States average of 39.5, Big Falls is very much bigger. Also, compared with the state of Wisconsin, housing density of 50.3, Big Falls is approximately 4.3 times bigger.

In Figure 4, Big Falls area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Big Falls shows it has a Housing Unit Change of 88.9% which is the largest of all places in the greater Big Falls region. Comparing change in the housing units to the United States average of 7.4%, Big Falls is appreciably bigger. Also, in comparison with the state of Wisconsin, change in the housing units of 3.6%, Big Falls is very much bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Big Falls depicts it has a Renter Percent of 11.2% which is the smallest as measured by renter percent of all the other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 88.8% which is the most of all places in the metropolitan area.

Big Falls Wisconsin Home Cost Charts

Looking at the housing data provided in Figure 7, the average Big Falls home price is illustrated for this community and a useful analysis of affordable housing. Big Falls depicts it has a Median Home Value of $63,100 which is the smallest when ranked by median home price of all the other places in the greater region. The city with the highest median home price in the area is Caroline CDP which shows a home price of $129,500 (about twice as large). Figure 8 provides aggregate comparative data for the Big Falls Wisconsin metro area in terms of the median housing rental rate, apartment rent, etc. Big Falls shows it has a Median Gross Rent of $810 which is the second most rental rates of all the places in the greater Big Falls region. The city with the highest rental rates in the area is Caroline CDP which depicts a rental rates of $1,679 (about twice as large). Comparing rental rates to the United States average of $1,163, Big Falls is approximately three-fourths the size. Also, compared to the state of Wisconsin, rental rates of $916, Big Falls is about 13.1% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Big Falls has the largest proportion of home price worth less than $50,000 at 70% of the total and is ranked #1. Second, it has the smallest proportion of home price worth between $50,000 to $100,000 at 11% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Big Falls shows it has a Median Owner Cost of $712 which is the third most median ownership cost of all other places in the greater Big Falls region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Big Falls metro area. it has a Owner Cost as % of HH Income of 9% which is the smallest in order of cost as a percent of household income of all the other places in the area.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Big Falls shows it has a Median Home Value as Percent of Median Earnings of 95% which is the smallest when ranked by median home value as a percent of median worker earnings of all the other places in the area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Big Falls shows it has a Median Owner Costs-With Mortgage of $658 which is the smallest in order of median housing cost of all the other places in the metro area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $721 which is the highest of all places in the greater Big Falls region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Big Falls has the percentage of owner cost less than $300 in the center range of other places in the local area at 20% of the total. Second, it has the smallest proportion of owner cost between $300 and $500 at 8% of the total. Third, it has the largest proportion of owner cost between $500 and $700 at 56% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Big Falls shows it has a % of Income Owner Costs-With Mortgage of 26% which is the second most cost as a percent of household income of all the places in the greater Big Falls region. The city with the highest cost as a percent of household income in the area is Ogdensburg which shows a cost as a percent of household income of 27% ( only slightly larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Big Falls shows it has a % of Income Owner Costs-No Mortgage of 9% which is in the center range of other places in the surrounding region. The city with the highest cost as a percent of household income in the area is Tigerton which shows a cost as a percent of household income of 16% (about twice as large).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Big Falls has the percentage of rent as a percent of income is between 10pct to 20pct the second smallest in terms of rent as a percent of income is less than 10 pct of all the other places in the metro area at 11% of the total. Second, it has the largest proportion of rent as a percent of income is between 20pct to 30pct at 44% of the total and is ranked #1. Third, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 44% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Big Falls has the largest proportion of housing cost between $500 and $700 at 56% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $713 which is the smallest as measured by median real estate taxes paid of all the other places in the local area. The city with the highest median real estate taxes paid in the area is Iola which shows a taxes paid of $2,931 (approximately 4.1 times bigger). Comparing median real estate taxes paid to the United States average of $2,690, Big Falls is approximately a quarter the size. Also, in contrast to the state of Wisconsin, median real estate taxes paid of $3,472, Big Falls is approximately a fifth the size.

Figure 23 shows the rental rate distribution for this area. Big Falls Wisconsin has the percentage of rent between 300 and 500 dollars in the mid range of other places in the local area at 44% of the total. Second, it has the largest proportion of rent between 500 and 750 dollars at 56% of the total and is ranked #1.

Big Falls Wisconsin Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Big Falls has the smallest proportion of With mortgage at 18% of the total. Second, it has the largest proportion of With HELOC no Primary Mortgage at 76% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Big Falls has the largest proportion of houses with mortgages at 76% of the total and is ranked #1.

Big Falls Wisconsin Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.2 which is the smallest as measured by family members per housing unit of all the other places in the local area. The city with the highest family members per housing unit in the area is Caroline CDP which depicts a family members per housing unit of 4.3 (about twice as large). Comparing family members per housing unit to the United States average of 3.3, Big Falls is approximately three-fourths the size. Also, in contrast to the state of Wisconsin, family members per housing unit of 3.1, Big Falls is approximately three-fourths the size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.0 which is the smallest when ranked by average number of rooms in a house of all the other places in the metro area. The city with the highest average number of rooms in a house in the area is Caroline CDP which shows an average number of rooms in a house of 6.8 (36.0% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1959 which is less than most other places in the local area. The city with the highest year built in the area is Iola which shows a year built of 1975 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built between 1990 to 1999 the second smallest in order of homes built in 2020 or later of all the other places in the surrounding region at 2% of the total. Second, it has the largest proportion of homes built between 1980 to 1989 at 35% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1970 to 1979 at 2% of the total. Also, it has one of the largest proportions of homes built between 1960 to 1969 at 15% of the total and is ranked #2. The only larger city being Caroline CDP with 18%. In addition, it has less than most other places in the area when sorted by homes built between 1940 to 1949 at 30% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the smallest proportion of owner housing units at 9 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has one of the largest proportions of 50 or more units at 10% of the total and is ranked #2. The only larger city being Ogdensburg with 20%.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the smallest proportion of value of homes built 1940 to 1949 at $48,300 of the total.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has the largest proportion of occupied housing units at 22% of the total and is ranked #1.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Big Falls residents. it has a Owner-Household Size of 1.8 which is the smallest when sorted by homeowner household size of all the other places in the area. The city with the highest homeowner household size in the area is Caroline CDP which depicts a homeowner household size of 3.2 (77.8% larger).

Figure 37 shows the household size for renters. Big Falls depicts it has a Renter-Household Size of 1.9 which is in the mid range of other places in the area. The city with the highest renter household size in the area is Caroline CDP which depicts a renter household sizes of 6.2 (approximately 3.3 times bigger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2019 or later at 64% of the total and is ranked #1. Second, it has the second smallest in terms of owners moved in 2019 or later of all the other places in the local area in terms of owners moved in 2010 to 2014 at 12% of the total. Third, it has one of the largest proportions of owners moved in 2000 to 2009 at 18% of the total and is ranked #2. The only larger city being Tigerton with 28%. Also, it has the second smallest when ranked by owners moved in 2019 or later of all the other places in the metro area in order of owners moved in 1990 to 1999 at 6% of the total. Figure 39 shows the year that people who rent moved into the area. Big Falls has the percentage of renters moved in 2019 or later in the mid range of other places in the area at 47% of the total. Second, it has the largest proportion of renters moved in 2010 to 2014 at 53% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2015 which is the largest of all places in the greater Big Falls region. Figure 41 compares the median year that renters moved into their home. Big Falls depicts it has a Renter Median Year Moved In of 2009 which is the smallest in terms of median year that a renter moved in of all the other places in the local area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 88% of the total and is ranked #1. Second, it has one of the largest proportions of homes using coal or coke at 12% of the total and is ranked #2. The only larger city being Ogdensburg with 15%.