Lauderdale Lakes CDP Wisconsin Area Home Supply Charts

This page looks at a variety of Lauderdale Lakes CDP 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. Lauderdale Lakes CDP depicts it has a Housing Units of 1,246 which is in the mid range of other places in the area.

Figure 2 illustrates the housing density in the Lauderdale Lakes CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Lauderdale Lakes CDP depicts it has a Housing Density of 290.0 which is less than most other places in the greater region. The place with the highest housing density in the area is Palmyra which depicts a density of 610.4 (about twice as large). Comparing housing density to the United States average of 38.9, Lauderdale Lakes CDP is considerably bigger. Also, versus the state of Wisconsin, housing density of 49.8, Lauderdale Lakes CDP is very much bigger.

In Figure 4, Lauderdale Lakes CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Lauderdale Lakes CDP shows it has a Housing Unit Change of 2.3% which is less than most other places in the local area. The place with the highest change in the housing units in the area is Palmyra which depicts a housing units of 9.2% (approximately 4.0 times bigger). Comparing change in the housing units to the United States average of 5.7%, Lauderdale Lakes CDP is approximately half the size. Also, in comparison with the state of Wisconsin, change in the housing units of 2.7%, Lauderdale Lakes CDP is about 16.3% smaller.

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.) Lauderdale Lakes CDP depicts it has a Renter Percent of 8.2% which is the second smallest when ranked by renter percent of all the 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 91.8% which is the second most of all the places in the local area.

Lauderdale Lakes CDP Wisconsin Home Cost Charts

Looking at the housing data provided in Figure 7, the average Lauderdale Lakes CDP home price is illustrated for this community and a useful analysis of affordable housing. Lauderdale Lakes CDP depicts it has a Median Home Value of $366,200 which is ranked #1 of all places in the greater Lauderdale Lakes CDP region. Figure 8 provides aggregate comparative data for the Lauderdale Lakes CDP Wisconsin metro area in terms of the median housing rental rate, apartment rent, etc. Lauderdale Lakes CDP depicts it has a Median Gross Rent of $1,577 which is more than all other places in the greater Lauderdale Lakes CDP region. Comparing rental rates to the United States average of $1,062, Lauderdale Lakes CDP is 48.5% larger. Also, in comparison with the state of Wisconsin, rental rates of $856, Lauderdale Lakes CDP is about twice as large.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Lauderdale Lakes CDP has the smallest proportion of home price worth between $50,000 to $100,000 at 15% of the total. Second, it has one of the largest proportions of home price worth between $200,000 to $300,000 at 21% of the total and is ranked #2. The only larger place being Turtle Lake CDP with 26%. Third, it has the largest proportion of home price worth between $300,000 to $400,000 at 13% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $400,000 to $500,000 at 15% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $500,000 to $750,000 at 11% of the total and is ranked #1.

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. Lauderdale Lakes CDP indicates it has a Median Owner Cost of $1,407 which is the largest of all places in the greater Lauderdale Lakes CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Lauderdale Lakes CDP metro area. it has a Owner Cost as % of HH Income of 20% which is in the mid range of 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. Lauderdale Lakes CDP shows it has a Median Home Value as Percent of Median Earnings of 508% which is the second most median home value as a percent of median worker earnings of all the places in the greater Lauderdale Lakes CDP region.

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.) Lauderdale Lakes CDP shows it has a Median Owner Costs-With Mortgage of $2,024 which is ranked #1 of all places in the greater Lauderdale Lakes CDP 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 $892 which is is the uppermost of the places in the greater Lauderdale Lakes CDP 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. Lauderdale Lakes CDP has one of the largest proportions of owner cost less than $300 at 6% of the total and is ranked #3. Only #2 Whitewater (11%), and #1 Lake Lorraine CDP (20%) are larger. Second, it has the smallest proportion of owner cost between $300 and $500 at 5% of the total. Third, it has less than most other places in the local area when sorted by owner cost between $500 and $700 at 14% of the total. Also, it has the largest proportion of owner cost between $1,500 and $2,000 at 15% of the total and is ranked #1. In addition, it has the largest proportion of owner cost between $2,000 and $2,500 at 9% of the total and is ranked #1. Furthermore, it has the largest proportion of owner cost between $2,500 and $3,000 at 5% of the total and is ranked #1. Next it has the largest proportion of owner cost between $3,000 and $3,500 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.) Lauderdale Lakes CDP depicts it has a % of Income Owner Costs-With Mortgage of 25% which is ranked #1 of all places in the local area. 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. Lauderdale Lakes CDP depicts it has a % of Income Owner Costs-No Mortgage of 14% which is in the mid range of other places in the surrounding region. The place with the highest cost as a percent of household income in the area is Elkhorn which depicts a cost as a percent of household income of 16% (13.2% 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.) Lauderdale Lakes CDP has the percentage of rent as a percent of income is less than 10 pct in the center range of other places in the greater region at 20% of the total. Second, it has the largest proportion of rent as a percent of income is between 10pct to 20pct at 68% 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. Lauderdale Lakes CDP has the smallest proportion of housing cost between $300 and $500 at 4% of the total. Second, it has the smallest proportion of housing cost between $500 and $700 at 15% of the total. Third, it has the largest proportion of housing cost between $1,500 and $2,000 at 14% of the total and is ranked #1. Also, it has the largest proportion of housing cost between $2,000 and $2,500 at 8% of the total and is ranked #1. In addition, it has the largest proportion of housing cost between $2,500 and $3,000 at 7% 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 $5,292 which is more than all other places in the greater Lauderdale Lakes CDP region. Comparing median real estate taxes paid to the United States average of $2,471, Lauderdale Lakes CDP is about twice as large. Also, in contrast to the state of Wisconsin, median real estate taxes paid of $3,344, Lauderdale Lakes CDP is 58.3% larger.

Figure 23 shows the rental rate distribution for this area. Lauderdale Lakes CDP Wisconsin has the smallest proportion of rent between 750 and 1000 dollars at 7% of the total. Second, it has the largest proportion of rent between 1000 and 1500 dollars at 59% of the total and is ranked #1.

Lauderdale Lakes CDP Wisconsin Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Lauderdale Lakes CDP has the largest proportion of with mortgage at 14% of the total and is ranked #1. Second, it has the largest proportion of 2nd mortgage or heloc-not both at 2% of the total and is ranked #1. Third, it has the largest proportion of 2nd mortgage at 11% of the total and is ranked #1. Also, it has the smallest proportion of both 2nd mortgage and heloc at 41% of the total. In addition, it has the largest proportion of no 2nd mortgage and no heloc at 46% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Lauderdale Lakes CDP has the largest proportion of houses with mortgages at 46% of the total and is ranked #1.

Lauderdale Lakes CDP Wisconsin Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.8 which is the second smallest when ranked by family members per housing unit of all the other places in the local area. The place with the highest family members per housing unit in the area is Elkhorn which shows a family members per housing unit of 3.1 (9.7% larger). Comparing family members per housing unit to the United States average of 3.3, Lauderdale Lakes CDP is about 18.3% smaller. Also, compared with the state of Wisconsin, family members per housing unit of 3.1, Lauderdale Lakes CDP is about 8.6% smaller.

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 6.7 which is the most of all places in the greater Lauderdale Lakes CDP region. 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 1982 which is ranked #1 of all places in the greater region.

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 2010 to 2013 in the middle range of other places in the surrounding region at 18% of the total. Second, it has one of the largest proportions of homes built between 2000 to 2009 at 20% of the total and is ranked #2. The only larger place being East Troy with 22%. Third, it has the largest proportion of homes built between 1990 to 1999 at 13% of the total and is ranked #1. Also, it has the smallest proportion of homes built between 1980 to 1989 at 12% of the total. In addition, it has the largest proportion of homes built between 1970 to 1979 at 14% of the total and is ranked #1. Furthermore, it has the second smallest when ranked by homes built in 2014 or later of all the other places in the local area when sorted by homes built between 1960 to 1969 at 7% of the total. Next it has the second smallest when ranked by homes built in 2014 or later of all the other places in the local area as measured by homes built between 1940 to 1949 at 11% 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 percentage of owner housing units less than most other places in the greater region at 44 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the percentage of 10 to 19 units less than most other places in the surrounding region at 0% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2010 to 2013 at $450,000 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 2000 to 2009 at $323,700 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 1990 to 1999 at $230,800 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1980 to 1989 at $370,000 of the total and is ranked #1. In addition, it has the largest proportion of value of homes built 1970 to 1979 at $250,000 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1960 to 1969 at $656,300 of the total and is ranked #1.

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 57% 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 Lauderdale Lakes CDP residents. it has a Owner-Household Size of 2.3 which is less than most other places in the metro area. The place with the highest homeowner household size in the area is Elkhorn which shows a homeowner household size of 2.7 (18.0% larger).

Figure 37 shows the household size for renters. Lauderdale Lakes CDP shows it has a Renter-Household Size of 3.2 which is the most of all places in the greater Lauderdale Lakes CDP region. Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2017 or later less than most other places in the local area at 5% of the total. Second, it has the second smallest when ranked by owners moved in 2017 or later of all the other places in the area as measured by owners moved in 2015 to 2016 at 13% of the total. Figure 39 shows the year that people who rent moved into the area. Lauderdale Lakes CDP has the smallest proportion of renters moved in 2015 to 2016 at 4% of the total.

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 Lauderdale Lakes CDP region. Figure 41 compares the median year that renters moved into their home. Lauderdale Lakes CDP depicts it has a Renter Median Year Moved In of 2018 which is at the top of all other places in the greater Lauderdale Lakes CDP region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of home using bottled, tank, or lp gas the second smallest when ranked by homes using natural gas of all the other places in the greater region at 7% of the total.