Menominee County Area Home Supply Charts

This page looks at a variety of Menominee County 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. Menominee County depicts it has a Housing Units of 2,145 which is the smallest as measured by housing units of all the other counties in the local area.

Figure 2 illustrates the housing density in the Menominee County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Menominee County shows it has a Housing Density of 6.0 which is the smallest in terms of housing density of all the other counties in the surrounding region. The county with the highest housing density in the area is Outagamie County which depicts a density of 123.4 ( very much bigger). Comparing housing density to the United States average of 39.5, Menominee County is approximately a sixth the size. Also, in comparison with the state of Wisconsin, housing density of 50.3, Menominee County is approximately an eigth the size.

In Figure 3, Menominee County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Menominee County depicts it has a Housing Unit Change of -4.8% which is the smallest when sorted by change in the housing units of all the other counties in the metropolitan area. The county with the highest change in the housing units in the area is Outagamie County which depicts a housing units of 7.6% (57.7% larger). Comparing change in the housing units to the United States average of 7.4%, Menominee County is about the same size. Also, in comparison with the state of Wisconsin, change in the housing units of 3.6%, Menominee County is 33.8% larger.

Figure 4 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.) Menominee County depicts it has a Renter Percent of 30.8% which is the most of all counties in the metro area. Figure 5 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 69.2% which is the smallest when ranked by owner percent of all the other counties in the local area.

Menominee County Home Cost Charts

Figure 7 provides aggregate comparative data for the Menominee County Wisconsin metro area in terms of the median housing rental rate, apartment rent, etc. Menominee County depicts it has a Median Gross Rent of $577 which is the smallest in order of rental rates of all the other counties in the local area. The county with the highest rental rates in the area is Outagamie County which shows a rental rates of $864 (49.7% larger). Comparing rental rates to the United States average of $1,163, Menominee County is approximately half the size. Also, compared to the state of Wisconsin, rental rates of $916, Menominee County is approximately three-fourths the size.

Median owner costs for the real estate market are shown in Figure 8 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Menominee County shows it has a Median Owner Cost of $456 which is the smallest in terms of median ownership cost of all the other counties in the local area. Figure 9 shows the median amount of cost as a percent of total household income for people who own homes in the Menominee County metro area. it has a Owner Cost as % of HH Income of 10% which is the smallest when sorted by cost as a percent of household income of all the other counties in the surrounding region. The next chart, Figure 10, 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. Menominee County shows it has a Median Home Value as Percent of Median Earnings of 244% which is the smallest in order of median home value as a percent of median worker earnings of all the other counties in the local area.

Next shown in Figure 11 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.) Menominee County depicts it has a % of Income Owner Costs-With Mortgage of 19% which is the highest of all counties in the greater Menominee County region. Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 12. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Menominee County indicates it has a % of Income Owner Costs-No Mortgage of 9% which is the second smallest as measured by cost as a percent of household income of all the other counties in the local area. The county with the highest cost as a percent of household income in the area is Shawano County which shows a cost as a percent of household income of 12% (31.1% larger).

Figure 13 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.) Menominee County has the smallest proportion of rent as a percent of income is between 10pct to 20pct at 10% of the total. Second, it has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 2% of the total. Third, it has the smallest proportion of rent as a percent of income is between 30pct to 40pct at 2% of the total. Also, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 23% of the total and is ranked #1.

Figure 14 shows the total housing cost for both home owners and apartment community renters in the area. Menominee County has the largest proportion of housing cost between $300 and $500 at 22% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $500 and $700 at 12% of the total. Third, it has the smallest proportion of housing cost between $700 and $1,000 at 9% of the total. Also, it has the smallest proportion of housing cost between $1,000 and $1,500 at 5% of the total. In addition, it has the smallest proportion of housing cost between $2,000 and $2,500 at 0% of the total.

Figure 15 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $3,417 which is at the top of all other counties in the greater Menominee County region. Comparing median real estate taxes paid to the United States average of $2,690, Menominee County is 27.0% larger. Also, measured against the state of Wisconsin, median real estate taxes paid of $3,472, Menominee County is about the same size.

Figure 16 shows the percentage of renters who pay for utilities in Menominee County Wisconsin. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Menominee County has the smallest proportion of pay extra for utilities at 5% of the total.

Menominee County Home Financing Charts

Figure 17 shows the proportion of houses with a mortgage versus those without a mortgage. Menominee County has the largest proportion of houses with mortgages at 67% of the total and is ranked #1.

Menominee County Home Characteristics Charts

Figure 19 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 1986 which is the highest of all counties in the greater Menominee County region.

Figure 20 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 2010 to 2019 at 16% of the total and is ranked #1. Second, it has the largest proportion of homes built between 2000 to 2009 at 21% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1990 to 1999 at 23% of the total and is ranked #1. Also, it has the largest proportion of homes built between 1980 to 1989 at 24% of the total and is ranked #1. In addition, it has the smallest proportion of homes built between 1970 to 1979 at 3% of the total. Furthermore, it has the smallest proportion of homes built between 1960 to 1969 at 3% of the total. Next it has the smallest proportion of homes built between 1950 to 1959 at 1% of the total. Additionally, it has the smallest proportion of homes built between 1940 to 1949 at 5% of the total. Figure 21 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2019 or later at 14% of the total. Second, it has the smallest proportion of owners moved in 2015 to 2018 at 7% of the total. Third, it has the smallest proportion of owners moved in 2010 to 2014 at 23% of the total. Also, it has the largest proportion of owners moved in 1990 to 1999 at 38% of the total and is ranked #1. Figure 22 shows the year that people who rent moved into the area. Menominee County has the smallest proportion of renters moved in 2019 or later at 34% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 39% of the total and is ranked #1. Third, it has the largest proportion of renters moved in 2010 to 2014 at 15% of the total and is ranked #1. Also, it has the largest proportion of renters moved in 2000 to 2009 at 4% of the total and is ranked #1. In addition, it has the largest proportion of renters moved in 1990 to 1999 at 4% of the total and is ranked #1.