Fall Creek Wisconsin Area Home Supply Charts

This page looks at a variety of Fall Creek 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. Fall Creek depicts it has a Housing Units of 575 which is the smallest as measured by housing units of all the other places in the local area.

Figure 2 illustrates the housing density in the Fall Creek housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Fall Creek shows it has a Housing Density of 279.7 which is in the center range of other places in the area. The city with the highest housing density in the area is Eau Claire which depicts a density of 930.6 (approximately 3.3 times bigger). Comparing housing density to the United States average of 39.5, Fall Creek is considerably bigger. Also, compared with the state of Wisconsin, housing density of 50.3, Fall Creek is markedly bigger.

In Figure 4, Fall Creek area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Fall Creek depicts it has a Housing Unit Change of 4.0% which is less than most other places in the greater region. The city with the highest change in the housing units in the area is Lake Hallie which depicts a housing units of 15.3% (approximately 3.9 times bigger). Comparing change in the housing units to the United States average of 7.4%, Fall Creek is approximately half the size. Also, measured against the state of Wisconsin, change in the housing units of 3.6%, Fall Creek is 11.1% larger.

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.) Fall Creek depicts it has a Renter Percent of 28.3% which is less than most other places in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 71.7% which is the third most owner percent of all other places in the greater Fall Creek region.

Fall Creek Wisconsin Home Cost Charts

Looking at the housing data provided in Figure 7, the average Fall Creek home price is illustrated for this community and a useful analysis of affordable housing. Fall Creek shows it has a Median Home Value of $148,500 which is the second smallest in order of median home price of all the other places in the local area. The city with the highest median home price in the area is Lake Wissota CDP which depicts a home price of $283,500 (about twice as large). Figure 8 provides aggregate comparative data for the Fall Creek Wisconsin metro area in terms of the median housing rental rate, apartment rent, etc. Fall Creek shows it has a Median Gross Rent of $1,023 which is the second most rental rates of all the places in the greater Fall Creek region. The city with the highest rental rates in the area is Lake Wissota CDP which depicts a rental rates of $1,040 ( only slightly larger). Comparing rental rates to the United States average of $1,163, Fall Creek is about 13.7% smaller. Also, versus the state of Wisconsin, rental rates of $916, Fall Creek is 11.7% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Fall Creek has one of the largest proportions of home price worth less than $50,000 at 11% of the total and is ranked #2. The only larger city being Augusta with 37%. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 61% of the total and is ranked #1. Third, it has the second smallest in order of home price worth less than $50,000 of all the other places in the metro area when sorted by home price worth between $100,000 to $200,000 at 15% 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. Fall Creek depicts it has a Median Owner Cost of $1,105 which is the third most median ownership cost of all other places in the greater Fall Creek region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Fall Creek metro area. it has a Owner Cost as % of HH Income of 18% which is the second most cost as a percent of household income of all the places in the greater Fall Creek region.

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. Fall Creek shows it has a Median Home Value as Percent of Median Earnings of 326% which is the second smallest when sorted by median home value as a percent of median worker earnings of all the other places in the metro 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.) Fall Creek shows it has a Median Owner Costs-With Mortgage of $1,309 which is the second smallest as measured by median housing cost of all the other places in the surrounding region. 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 $528 which is less than most other places in the metro area.

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. Fall Creek has the percentage of owner cost less than $300 less than most other places in the area at 4% of the total. Second, it has the largest proportion of owner cost between $700 and $1,000 at 38% 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.) Fall Creek shows it has a % of Income Owner Costs-With Mortgage of 21% which is the second most of all the places in the surrounding region. The city with the highest cost as a percent of household income in the area is Altoona which shows a cost as a percent of household income of 22% (8.3% 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. Fall Creek shows it has a % of Income Owner Costs-No Mortgage of 9% which is less than most other places in the metro area. The city with the highest cost as a percent of household income in the area is Augusta which shows a cost as a percent of household income of 12% (34.4% larger).

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.) Fall Creek has the percentage of rent as a percent of income is less than 10 pct less than most other places in the local area at 18% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 42% of the total and is ranked #2. The only larger city being Seymour CDP with 75%. Third, it has the largest proportion of rent as a percent of income is between 20pct to 30pct at 19% of the total and is ranked #1. Also, it has less than most other places in the area when ranked by rent as a percent of income is between 30pct to 40pct at 3% of the total. In addition, it has the smallest proportion of rent as a percent of income is between 40pct to 50pct at 16% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Fall Creek has the largest proportion of housing cost between $700 and $1,000 at 42% 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 $2,746 which is less than most other places in the metropolitan area. The city with the highest median real estate taxes paid in the area is Altoona which shows a taxes paid of $3,534 (28.7% larger). Comparing median real estate taxes paid to the United States average of $2,690, Fall Creek is only slightly larger. Also, compared with the state of Wisconsin, median real estate taxes paid of $3,472, Fall Creek is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. Fall Creek Wisconsin has the largest proportion of rent less than 300 dollars at 10% of the total and is ranked #1. Second, it has the smallest proportion of rent between 500 and 750 dollars at 9% of the total. Third, it has one of the largest proportions of rent between 750 and 1000 dollars at 53% of the total and is ranked #2. The only larger city being Lake Wissota CDP with 58%.

Fall Creek Wisconsin Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Fall Creek has the largest proportion of With mortgage at 62% of the total and is ranked #1. Second, it has the smallest proportion of No 2nd Mortgage or HELOC at 7% of the total. Third, it has the second smallest in terms of With Mortgage of all the other places in the local area when sorted by Primary Mortgage with 2nd Mortgage and HELOC at 5% of the total. Also, it has the second smallest as measured by With Mortgage of all the other places in the local area when ranked by With HELOC no Primary Mortgage at 30% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Fall Creek has the percentage of houses with mortgages the second smallest when sorted by houses with a mortgage of all the other places in the greater region at 30% of the total.

Fall Creek Wisconsin Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.5 which is more than all other places in the greater Fall Creek region. Comparing family members per housing unit to the United States average of 3.3, Fall Creek is only about 5.6% larger. Also, compared with the state of Wisconsin, family members per housing unit of 3.1, Fall Creek is 13.7% larger.

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 5.8 which is in the mid range of other places in the metro area. The city with the highest average number of rooms in a house in the area is Lake Wissota CDP which depicts an average number of rooms in a house of 6.7 (15.5% 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 1973 which is in the middle range of other places in the area. The city with the highest year built in the area is Lake Hallie which depicts a year built of 1991 ( 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 in 2020 or later in the mid point range of other places in the metro area at 2% of the total. Second, it has less than most other places in the greater region as measured by homes built between 1960 to 1969 at 8% of the total. Third, it has one of the largest proportions of homes built between 1940 to 1949 at 26% of the total and is ranked #2. The only larger city being Augusta with 38%.

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 percentage of owner housing units the second smallest when ranked by owner-occupied housing units of all the other places in the metropolitan area at 154 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 the largest proportion of 5 to 9 units at 4% of the total and is ranked #1. Second, it has the largest proportion of mobile home at 0% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2010 to 2013 the second smallest when ranked by value of homes built 2014 or later of all the other places in the surrounding region at $208,300 of the total. Second, it has less than most other places in the metropolitan area in order of value of homes built 2000 to 2009 at $225,000 of the total. Third, it has less than most other places in the metropolitan area in terms of value of homes built 1990 to 1999 at $137,500 of the total. Also, it has the second smallest in terms of value of homes built 2014 or later of all the other places in the surrounding region in order of value of homes built 1980 to 1989 at $165,600 of the total. In addition, it has less than most other places in the metropolitan area when sorted by value of homes built 1970 to 1979 at $156,300 of the total. Furthermore, it has less than most other places in the greater region in order of value of homes built 1960 to 1969 at $107,100 of the total. Next it has the second smallest when ranked by value of homes built 2014 or later of all the other places in the metro area in terms of value of homes built 1950 to 1959 at $114,600 of the total. Additionally, it has in the middle range of other places in the greater region in order of value of homes built 1940 to 1949 at $115,000 of the total.

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 Fall Creek residents. it has a Owner-Household Size of 2.7 which is the highest of all places in the area.

Figure 37 shows the household size for renters. Fall Creek shows it has a Renter-Household Size of 2.9 which is the second most of all the places in the local area. The city with the highest renter household size in the area is Seymour CDP which depicts a renter household sizes of 3.9 (35.2% larger). Figure 39 shows the year that people who rent moved into the area. Fall Creek has the percentage of renters moved in 2019 or later in the mid range of other places in the greater region at 44% of the total. Second, it has the smallest proportion of renters moved in 2015 to 2018 at 11% of the total. Third, it has the largest proportion of renters moved in 2010 to 2014 at 37% 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 2006 which is less than most other places in the surrounding region. Figure 41 compares the median year that renters moved into their home. Fall Creek shows it has a Renter Median Year Moved In of 2016 which is the third most of all other places in the surrounding region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has one of the largest proportions of home using bottled, tank, or lp gas at 26% of the total and is ranked #3. Only #2 Eau Claire (30%), and #1 Altoona (32%) are larger. Second, it has the largest proportion of home using electricity at 8% of the total and is ranked #1. Third, it has one of the largest proportions of homes using solar energy at 2% of the total and is ranked #2. The only larger city being Seymour CDP with 4%.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Fall Creek housing department, Wisconsin department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Fall Creek depicts it has a Total In Group Quarters of 27 which is in the mid range of other places in the metro area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Fall Creek residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Fall Creek has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.