Mount Pleasant Wisconsin Area Home Supply Charts

This page looks at a variety of Mount Pleasant 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. Mount Pleasant shows it has a Housing Units of 12,161 which is the second most housing units of all the places in the greater Mount Pleasant region.

Figure 2 illustrates the housing density in the Mount Pleasant housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Mount Pleasant shows it has a Housing Density of 361.0 which is less than most other places in the area. The city with the highest housing density in the area is Racine which depicts a density of 2180.3 ( very much bigger). Comparing housing density to the United States average of 39.5, Mount Pleasant is appreciably bigger. Also, measured against the state of Wisconsin, housing density of 50.3, Mount Pleasant is markedly bigger.

In Figure 4, Mount Pleasant area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Mount Pleasant indicates it has a Housing Unit Change of 2.8% which is less than most other places in the local area. The city with the highest change in the housing units in the area is Elmwood Park which shows a housing units of 54.2% ( substantially bigger). Comparing change in the housing units to the United States average of 7.4%, Mount Pleasant is approximately a third the size. Also, measured against the state of Wisconsin, change in the housing units of 3.6%, Mount Pleasant is approximately three-fourths the size.

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.) Mount Pleasant shows it has a Renter Percent of 21.5% which is in the mid range of other places in the surrounding region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 78.5% which is in the mid point range of other places in the local area.

Mount Pleasant Wisconsin Home Cost Charts

Looking at the housing data provided in Figure 7, the average Mount Pleasant home price is illustrated for this community and a useful analysis of affordable housing. Mount Pleasant depicts it has a Median Home Value of $222,400 which is in the mid point range of other places in the greater region. The city with the highest median home price in the area is North Bay which shows a home price of $390,000 (75.4% larger). Figure 8 provides aggregate comparative data for the Mount Pleasant Wisconsin metro area in terms of the median housing rental rate, apartment rent, etc. Mount Pleasant depicts it has a Median Gross Rent of $891 which is less than most other places in the local area. The city with the highest rental rates in the area is Somers which depicts a rental rates of $1,142 (28.2% larger). Comparing rental rates to the United States average of $1,163, Mount Pleasant is approximately three-fourths the size. Also, in comparison with the state of Wisconsin, rental rates of $916, Mount Pleasant is only about 2.8% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Mount Pleasant has the percentage of home price worth less than $50,000 in the mid range of other places in the local area at 9% 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. Mount Pleasant indicates it has a Median Owner Cost of $1,177 which is in the mid range of other places in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Mount Pleasant metro area. it has a Owner Cost as % of HH Income of 16% which is the second smallest in order of cost as a percent of household income of all the other places in the local 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. Mount Pleasant depicts it has a Median Home Value as Percent of Median Earnings of 337% 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 local 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.) Mount Pleasant depicts it has a Median Owner Costs-With Mortgage of $1,511 which is less than most other places in the local 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 $633 which is in the mid point range of 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. Mount Pleasant has the percentage of owner cost less than $300 in the middle range of other places in the greater region at 2% of the total. Second, it has one of the largest proportions of owner cost between $500 and $700 at 20% of the total and is ranked #2. The only larger city being North Bay with 23%.

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.) Mount Pleasant depicts it has a % of Income Owner Costs-With Mortgage of 19% which is the second smallest in order of cost as a percent of household income of all the other places in the local area. The city with the highest cost as a percent of household income in the area is North Bay which depicts a cost as a percent of household income of 29% (53.2% 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. Mount Pleasant shows it has a % of Income Owner Costs-No Mortgage of 12% which is less than most other places in the local area. The city with the highest cost as a percent of household income in the area is Somers which shows a cost as a percent of household income of 13% (14.7% 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.) Mount Pleasant has the percentage of rent as a percent of income is less than 10 pct in the center range of other places in the area at 28% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 29% of the total and is ranked #2. The only larger city being Caledonia with 31%. Third, it has in the center range of other places in the surrounding region when sorted by rent as a percent of income is between 20pct to 30pct at 13% of the total. Also, it has less than most other places in the local area when ranked 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 $3,967 which is in the mid range of other places in the surrounding region. The city with the highest median real estate taxes paid in the area is North Bay which depicts a taxes paid of $7,500 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,690, Mount Pleasant is 47.5% larger. Also, in contrast to the state of Wisconsin, median real estate taxes paid of $3,472, Mount Pleasant is 14.3% larger.

Figure 23 shows the rental rate distribution for this area. Mount Pleasant Wisconsin has one of the largest proportions of rent between 300 and 500 dollars at 17% of the total and is ranked #3. Only #2 Somers (17%), and #1 Racine (18%) are larger. Second, it has one of the largest proportions of rent between 500 and 750 dollars at 31% of the total and is ranked #2. The only larger city being Racine with 39%. Third, it has in the center range of other places in the local area in terms of rent between 1000 and 1500 dollars at 9% of the total. Also, it has the largest proportion of rent between $2,500 and $3,500 at 1% of the total and is ranked #1.

Mount Pleasant Wisconsin Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Mount Pleasant has the percentage of With HELOC no Primary Mortgage less than most other places in the greater region at 34% of the total.

Mount Pleasant Wisconsin Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.9 which is the second smallest when ranked 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 Sturtevant which depicts a family members per housing unit of 3.4 (16.1% larger). Comparing family members per housing unit to the United States average of 3.3, Mount Pleasant is about 12.2% smaller. Also, compared with the state of Wisconsin, family members per housing unit of 3.1, Mount Pleasant is only about 4.2% 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 5.8 which is in the mid point range of other places in the local area. The city with the highest average number of rooms in a house in the area is North Bay which depicts an average number of rooms in a house of 8.5 (46.6% 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 1980 which is the highest of all places in the greater Mount Pleasant region.

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 2019 at 21% of the total and is ranked #2. The only larger city being Sturtevant with 24%. Second, it has one of the largest proportions of homes built between 2000 to 2009 at 15% of the total and is ranked #3. Only #2 Caledonia (19%), and #1 Somers (20%) are larger. Third, it has the second smallest in order of homes built in 2020 or later of all the other places in the greater region when sorted by homes built between 1960 to 1969 at 9% of the total. Also, it has the smallest proportion of homes built between 1950 to 1959 at 3% of the total. In addition, it has in the middle range of other places in the surrounding region in terms of homes built between 1940 to 1949 at 6% 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. it has one of the largest proportions of owner housing units at 2,523 of the total and is ranked #2. The only larger city being Racine with 13,904.

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 3 or 4 units at 10% 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. it has one of the largest proportions of value of homes built 2014 or later at $400,800 of the total and is ranked #2. The only larger city being Somers with $482,100. Second, it has one of the largest proportions of value of homes built 2010 to 2013 at $276,300 of the total and is ranked #2. The only larger city being Caledonia with $311,500. Third, it has in the middle range of other places in the greater region when sorted by value of homes built 2000 to 2009 at $245,300 of the total. Also, it has in the mid range of other places in the greater region in order of value of homes built 1990 to 1999 at $167,700 of the total. In addition, it has one of the largest proportions of value of homes built 1980 to 1989 at $207,300 of the total and is ranked #3. Only #2 Somers ($208,300), and #1 Elmwood Park ($225,000) are larger. Furthermore, it has one of the largest proportions of value of homes built 1970 to 1979 at $213,700 of the total and is ranked #3. Only #2 Elmwood Park ($228,100), and #1 North Bay ($335,700) are larger. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $169,300 of the total and is ranked #3. Only #2 Somers ($190,900), and #1 North Bay ($331,800) are larger. Additionally, it has less than most other places in the metro area in terms of value of homes built 1950 to 1959 at $176,400 of the total. And then, it has less than most other places in the local area as measured by value of homes built 1940 to 1949 at $148,600 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 Mount Pleasant residents. it has a Owner-Household Size of 2.4 which is less than most other places in the local area. The city with the highest homeowner household size in the area is Sturtevant which depicts a homeowner household size of 2.7 (13.1% larger).

Figure 37 shows the household size for renters. Mount Pleasant indicates it has a Renter-Household Size of 2.1 which is in the middle range of other places in the metro area. The city with the highest renter household size in the area is Elmwood Park which depicts a renter household sizes of 5.0 (approximately 2.3 times bigger). Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2019 or later at 23% of the total and is ranked #2. The only larger city being Caledonia with 24%. Figure 39 shows the year that people who rent moved into the area. Mount Pleasant has one of the largest proportions of renters moved in 2019 or later at 54% of the total and is ranked #3. Only #2 Racine (55%), and #1 Elmwood Park (100%) are larger. Second, it has one of the largest proportions of renters moved in 2015 to 2018 at 18% of the total and is ranked #3. Only #2 Racine (20%), and #1 Caledonia (24%) are larger.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2007 which is at the top of all other places in the greater Mount Pleasant region.

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 23% of the total and is ranked #1. Second, it has the second smallest in terms of homes using natural gas of all the other places in the local area as measured by homes using solar energy at 0% of the total.

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 Mount Pleasant housing department, Wisconsin department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Mount Pleasant depicts it has a Total In Group Quarters of 294 which is in the middle 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 Mount Pleasant 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.) Mount Pleasant 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.