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 2020 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 627 which is the second smallest when sorted 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 depicts it has a Housing Density of 305.0 which is in the mid range of other places in the greater region. The city with the highest housing density in the area is Eau Claire which shows a density of 903.1 (approximately 3.0 times bigger). Comparing housing density to the United States average of 38.9, Fall Creek is considerably bigger. Also, measured against the state of Wisconsin, housing density of 49.8, Fall Creek is considerably 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 13.4% which is the largest of all places in the greater Fall Creek region. Comparing change in the housing units to the United States average of 5.7%, Fall Creek is approximately 2.4 times bigger. Also, compared to the state of Wisconsin, change in the housing units of 2.7%, Fall Creek is considerably 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.) Fall Creek depicts it has a Renter Percent of 32.2% which is less than most other places in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 67.8% 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 indicates it has a Median Home Value of $136,200 which is the second 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 Lake Wissota CDP which shows a home price of $225,400 (65.5% larger). 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 depicts it has a Median Gross Rent of $696 which is the second smallest when ranked by rental rates of all the other places in the metropolitan area. The city with the highest rental rates in the area is Lake Wissota CDP which depicts a rental rates of $1,026 (47.4% larger). Comparing rental rates to the United States average of $1,062, Fall Creek is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, rental rates of $856, Fall Creek is about 23.0% smaller.

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 18% of the total and is ranked #2. The only larger city being Augusta with 37%. Second, it has the second smallest as measured by home price worth less than $50,000 of all the other places in the surrounding region when sorted by home price worth between $100,000 to $200,000 at 13% 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 shows it has a Median Owner Cost of $925 which is the second smallest in order of median ownership cost of all the other places in the area. 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 third most cost as a percent of household income of all other 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 depicts it has a Median Home Value as Percent of Median Earnings of 288% which is the second smallest in order of 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 $1,196 which is the second smallest in order of 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 $519 which is less than most other places in the greater 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. Fall Creek has the percentage of owner cost less than $300 in the mid point range of other places in the local area at 10% of the total. Second, it has one of the largest proportions of owner cost between $500 and $700 at 25% of the total and is ranked #2. The only larger city being Augusta with 30%. Third, it has the largest proportion of owner cost between $3,500 and $4,000 at 1% 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 20% which is in the mid range of other places in the local area. 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% (11.2% 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 depicts it has a % of Income Owner Costs-No Mortgage of 12% which is the third most cost as a percent of household income of all other places in the greater Fall Creek region. The city with the highest cost as a percent of household income in the area is Eau Claire which depicts a cost as a percent of household income of 13% (only about 4.0% 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 metro area at 20% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 30% of the total and is ranked #2. The only larger city being Lake Hallie with 43%. Third, it has one of the largest proportions of rent as a percent of income is between 20pct to 30pct at 27% of the total and is ranked #2. The only larger city being Seymour CDP with 33%. Also, it has less than most other places in the surrounding region in terms of rent as a percent of income is between 30pct to 40pct at 4% of the total. In addition, it has less than most other places in the surrounding region as measured by rent as a percent of income is between 40pct to 50pct at 16% of the total.

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 $2,580 which is less than most other places in the metro area. The city with the highest median real estate taxes paid in the area is Altoona which shows a taxes paid of $3,280 (27.1% larger). Comparing median real estate taxes paid to the United States average of $2,471, Fall Creek is only about 4.4% larger. Also, in comparison with the state of Wisconsin, median real estate taxes paid of $3,344, 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 less than most other places in the greater region when sorted by rent between 500 and 750 dollars at 19% of the total.

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 smallest proportion of with mortgage at 6% of the total. Second, it has the smallest proportion of 2nd mortgage or heloc-not both at 1% of the total. Third, it has one of the largest proportions of both 2nd mortgage and heloc at 59% of the total and is ranked #2. The only larger city being Augusta with 64%.

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 3.2 which is the second most family members per housing unit of all the places in the greater Fall Creek region. The city with the highest family members per housing unit in the area is Augusta which shows a family members per housing unit of 3.5 (10.2% larger). Comparing family members per housing unit to the United States average of 3.3, Fall Creek is only about 3.7% smaller. Also, versus the state of Wisconsin, family members per housing unit of 3.1, Fall Creek is only about 5.0% 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 5.3 which is the smallest in terms of average number of rooms in a house of all the other places in the local 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 (26.4% 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 1974 which is in the mid point range of other places in the local 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. it has one of the largest proportions of homes built between 2010 to 2013 at 12% of the total and is ranked #3. Only #2 Lake Hallie (26%), and #1 Lake Wissota CDP (27%) are larger. Second, it has the largest proportion of homes built between 1980 to 1989 at 26% of the total and is ranked #1. Third, it has the smallest proportion of homes built between 1970 to 1979 at 5% of the total. Also, it has the smallest proportion of homes built between 1950 to 1959 at 2% of the total. In addition, it has one of the largest proportions of homes built between 1940 to 1949 at 21% 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 less than most other places in the local area at 193 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 7% 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 less than most other places in the greater region at $228,600 of the total. Second, it has less than most other places in the surrounding region when sorted by value of homes built 2000 to 2009 at $173,200 of the total. Third, it has less than most other places in the greater region when ranked by value of homes built 1990 to 1999 at $138,900 of the total. Also, it has the second smallest in order of value of homes built 2014 or later of all the other places in the local area as measured by value of homes built 1980 to 1989 at $136,900 of the total. In addition, it has the second smallest when ranked by value of homes built 2014 or later of all the other places in the metro area when sorted by value of homes built 1970 to 1979 at $140,300 of the total. Furthermore, it has the second smallest in terms of value of homes built 2014 or later of all the other places in the local area when ranked by value of homes built 1960 to 1969 at $103,600 of the total. Next it has less than most other places in the local area in terms of value of homes built 1940 to 1949 at $105,100 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 2.8 which is the second most homeowner household size of all the places in the greater Fall Creek region. The city with the highest homeowner household size in the area is Augusta which depicts a homeowner household size of 2.8 ( about the same size).

Figure 37 shows the household size for renters. Fall Creek depicts it has a Renter-Household Size of 1.9 which is the second smallest when ranked by renter household size of all the other places in the greater region. The city with the highest renter household size in the area is Lake Wissota CDP which shows a renter household sizes of 2.7 (41.1% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2017 or later the second smallest when sorted by owners moved in 2017 or later of all the other places in the greater region at 5% of the total. Second, it has the largest proportion of owners moved in 2010 to 2014 at 41% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Fall Creek has the largest proportion of renters moved in 2017 or later 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 2005 which is the third most median year that a home owner moved in of all other places in the greater Fall Creek region. Figure 41 compares the median year that renters moved into their home. Fall Creek depicts it has a Renter Median Year Moved In of 2015 which is the second most of all the places in the metro 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 home using bottled, tank, or lp gas at 31% of the total and is ranked #1.

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 31 which is in the intermediate range of other places in the local 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.