Sister Bay Wisconsin Area Home Supply Charts

This page looks at a variety of Sister Bay Wisconsin housing market data taken from the most recent 2019 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. Sister Bay shows it has a housing units of 1,397 which is the third most housing units of all other places in the greater Sister Bay region.

Figure 2 illustrates the housing density in the Sister Bay housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Sister Bay depicts it has a housing density of 542.1 which is the third most of all other places in the local area. The city with the highest housing density in the area is Menominee which depicts a density of 852.9 (57.3% larger). Comparing housing density to the United States average of 38.6, Sister Bay is very much bigger. Also, measured against the state of Wisconsin, housing density of 49.6, Sister Bay is very much bigger.

In Figure 4, Sister Bay area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Sister Bay shows it has a change in the housing units of 4.6% which is the highest of all places in the greater Sister Bay region. Comparing change in the housing units to the United States average of 4.9%, Sister Bay is only about 5.1% smaller. Also, measured against the state of Wisconsin, change in the housing units of 2.2%, Sister Bay is about twice as large.

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.) Sister Bay depicts it has a renter percent of 40.0% which is the largest of all places in the greater Sister Bay region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 60.0% which is the smallest when ranked by owner percent of all the other places in the metro area.

Sister Bay Wisconsin Home Cost Charts

Looking at the housing data provided in Figure 7, the average Sister Bay home price is illustrated for this community and a useful analysis of affordable housing. Sister Bay indicates it has a median home price of $252,000 which is in the center range of other places in the local area. The city with the highest median home price in the area is Ephraim which shows a home price of $387,500 (53.8% larger). Figure 8 provides aggregate comparative data for the Sister Bay Wisconsin metro area in terms of the median housing rental rate, apartment rent, etc. Sister Bay shows it has a rental rates of $881 which is the second most rental rates of all the places in the greater Sister Bay region. The city with the highest rental rates in the area is Baileys Harbor CDP which shows a rental rates of $1,096 (24.4% larger). Comparing rental rates to the United States average of $1,023, Sister Bay is about 16.1% smaller. Also, compared with the state of Wisconsin, rental rates of $837, Sister Bay is only about 5.3% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Sister Bay has the percentage of home price worth less than $50,000 in the center range of other places in the greater region at 6% of the total. Second, it has in the mid range of other places in the local area when sorted by home price worth between $50,000 to $100,000 at 2% of the total. Third, it has the largest proportion of home price worth between $200,000 to $300,000 at 43% of the total and is ranked #1. Also, it has the largest proportion of home price worth between $750,000 to $1,000,000 at 5% of the total and is ranked #1. In addition, it has one of the largest proportions of home price worth between $1,500,000 to $2,000,000 at 1% of the total and is ranked #3. Only #2 Egg Harbor (1%), and #1 Ephraim (16%) are larger. Furthermore, it has one of the largest proportions of home price worth $2,000,000 or more at 1% of the total and is ranked #3. Only #2 Egg Harbor (1%), and #1 Ephraim (16%) are larger.

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. Sister Bay shows it has a median ownership cost of $1,009 which is the third most median ownership cost of all other places in the greater Sister Bay region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Sister Bay metro area. it has a cost as a percent of household income of 22% which is the largest of all places in the greater 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. Sister Bay depicts it has a median home value as a percent of median worker earnings of 634% which is in the center range of 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.) Sister Bay shows it has a median housing cost of $1,250 which is in the center range of other places in the metropolitan 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 housing cost of $645 which is the third most median housing cost of all other places in the greater Sister Bay 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. Sister Bay has the percentage of owner cost between $300 and $500 the second smallest as measured by owner cost less than $300 of all the other places in the local area at 7% of the total. Second, it has the largest proportion of owner cost between $500 and $700 at 24% of the total and is ranked #1. Third, it has the second smallest when sorted by owner cost less than $300 of all the other places in the greater region in order of owner cost between $700 and $1,000 at 16% of the total. Also, it has the largest proportion of owner cost between $1,500 and $2,000 at 22% 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.) Sister Bay depicts it has a cost as a percent of household income of 25% which is the largest of all places in the greater Sister Bay region. 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. Sister Bay depicts it has a cost as a percent of household income of 15% which is the third most cost as a percent of household income of all other places in the greater Sister Bay region. The city with the highest cost as a percent of household income in the area is Baileys Harbor CDP which shows a cost as a percent of household income of 20% (31.2% 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.) Sister Bay has the percentage of rent as a percent of income is between 10pct to 20pct less than most other places in the greater region at 7% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 20pct to 30pct at 28% of the total and is ranked #2. The only larger city being Baileys Harbor CDP with 62%. Third, it has in the center range of other places in the greater region when ranked by rent as a percent of income is between 30pct to 40pct at 15% of the total. Also, it has in the middle range of other places in the metropolitan area as measured by rent as a percent of income is between 40pct to 50pct at 2% of the total. In addition, it has the largest proportion of rent as a percent of income is over 50pct at 30% 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. Sister Bay has the smallest proportion of housing cost between $300 and $500 at 6% 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 $2,764 which is the third most median real estate taxes paid of all other places in the greater Sister Bay region. The city with the highest median real estate taxes paid in the area is Ephraim which shows a taxes paid of $3,688 (33.4% larger). Comparing median real estate taxes paid to the United States average of $2,375, Sister Bay is 16.4% larger. Also, compared to the state of Wisconsin, median real estate taxes paid of $3,308, Sister Bay is about 19.7% smaller.

Figure 22 shows the percentage of renters who pay for utilities in Sister Bay 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. Sister Bay has the percentage of pay extra for utilities less than most other places in the surrounding region at 73% of the total. Second, it has one of the largest proportions of utilities included in rent at 27% of the total and is ranked #3. Only #2 Ephraim (35%), and #1 Menominee (41%) are larger.

Figure 23 shows the rental rate distribution for this area. Sister Bay Wisconsin has the percentage of rent between 500 and 750 dollars the second smallest when ranked by rent less than 300 dollars of all the other places in the greater region at 14% of the total. Second, it has one of the largest proportions of rent between 750 and 1000 dollars at 30% of the total and is ranked #2. The only larger city being Ephraim with 35%. Third, it has one of the largest proportions of rent between 1000 and 1500 dollars at 29% of the total and is ranked #2. The only larger city being Baileys Harbor CDP with 81%. Also, it has the largest proportion of rent between $1,500 and $2,500 at 8% of the total and is ranked #1.

Sister Bay Wisconsin Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Sister Bay has one of the largest proportions of no mortgage at 50% of the total and is ranked #3. Only #2 Ephraim (56%), and #1 Egg Harbor (58%) are larger.

Sister Bay Wisconsin Home Characteristics Charts

The next section of charts provide a wide range of metrics related to the housing market physical characteristics which can be useful for a real estate investor. Figure 27 looks at the number of people living in a typical house in the real estate market starting with the average household size (families and non families). Sister Bay has the smallest proportion of housing density at 1.7 of the total. Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.2 which is less than most other places in the metro area. The city with the highest family members per housing unit in the area is Menominee which depicts a family members per housing unit of 2.9 (31.8% larger). Comparing family members per housing unit to the United States average of 3.3, Sister Bay is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, family members per housing unit of 3.1, Sister Bay is approximately three-fourths the size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 4.4 which is the smallest when ranked by average number of rooms in a house of all the other places in the greater region. The city with the highest average number of rooms in a house in the area is Marinette which depicts an average number of rooms in a house of 5.5 (25.0% 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 year built of 1992 which is the largest of all places in the greater Sister Bay region.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built in 2014 or later at 3% of the total and is ranked #1. Second, it has the largest proportion of homes built between 2010 to 2013 at 8% of the total and is ranked #1. Third, it has one of the largest proportions of homes built between 2000 to 2009 at 18% of the total and is ranked #3. Only #2 Egg Harbor (20%), and #1 Baileys Harbor CDP (22%) are larger. Also, it has the largest proportion of homes built between 1990 to 1999 at 27% of the total and is ranked #1. In addition, it has the smallest proportion of homes built between 1960 to 1969 at 4% of the total. Furthermore, it has the smallest proportion of homes built between 1950 to 1959 at 1% of the total. Next it has the smallest proportion of homes built between 1940 to 1949 at 2% of the total. Additionally, it has the smallest proportion of homes built between 1939 or earlier at 8% 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 248 of the total and is ranked #3. Only #2 Menominee (2,633), and #1 Marinette (3,075) are larger. Second, it has one of the largest proportions of renter housing units at 165 of the total and is ranked #3. Only #2 Menominee (1,395), and #1 Marinette (2,006) are larger.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of one unit detached at 34% of the total. Second, it has one of the largest proportions of 3 or 4 units at 13% of the total and is ranked #2. The only larger city being Egg Harbor with 17%. Third, it has one of the largest proportions of 5 to 9 units at 19% of the total and is ranked #2. The only larger city being Egg Harbor with 26%. Also, it has one of the largest proportions of 10 to 19 units at 7% of the total and is ranked #2. The only larger city being Ephraim with 9%. In addition, it has the largest proportion of 20 to 49 units at 5% of the total and is ranked #1. Furthermore, it has the largest proportion of 50 or more units at 12% 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 the largest proportion of value of homes built 2010 to 2013 at $156,300 of the total and is ranked #1. Second, it has in the center range of other places in the metropolitan area in order of value of homes built 2000 to 2009 at $264,700 of the total. Third, it has one of the largest proportions of value of homes built 1990 to 1999 at $280,400 of the total and is ranked #2. The only larger city being Ephraim with $450,000. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $222,100 of the total and is ranked #2. The only larger city being Ephraim with $342,900. In addition, it has the largest proportion of value of homes built 1970 to 1979 at $259,400 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. has the percentage of occupied housing units in the mid range of other places in the local area at 30% of the total. Second, it has in the mid range of other places in the greater region when ranked by vacant housing units at 70% 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 Sister Bay residents. it has a homeowner household size of 1.9 which is in the center range of other places in the metropolitan area. The city with the highest homeowner household size in the area is Ellison Bay CDP which depicts a homeowner household size of 2.3 (16.5% larger).

Figure 37 shows the household size for renters. Sister Bay depicts it has a renter household size of 1.3 which is the second smallest when ranked by renter household size of all the other places in the local area. The city with the highest renter household size in the area is Egg Harbor which depicts a renter household sizes of 2.1 (64.1% larger). 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 2000 to 2009 at 38% of the total and is ranked #2. The only larger city being Ephraim with 46%. Second, it has the second smallest in terms of owners moved in 2017 or later of all the other places in the greater region as measured by owners moved in 1990 to 1999 at 12% of the total. Third, it has less than most other places in the local area as measured by owners moved in 1989 or earlier at 13% of the total. Figure 39 shows the year that people who rent moved into the area. Sister Bay has the largest proportion of renters moved in 2017 or later at 11% of the total and is ranked #1. Second, it has the largest proportion of renters moved in 2015 to 2016 at 51% of the total and is ranked #1. Third, it has the smallest proportion of renters moved in 2010 to 2014 at 16% of the total. Also, it has one of the largest proportions of renters moved in 1989 or earlier at 3% of the total and is ranked #3. Only #2 Marinette (3%), and #1 Ephraim (24%) are larger.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 2006 which is the second most median year that a home owner moved in of all the places in the greater Sister Bay region. Figure 41 compares the median year that renters moved into their home. Sister Bay shows it has a median year that a renter moved in of 2015 which is the highest of all places in the greater Sister Bay region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of homes using natural gas at 3% of the total. Second, it has one of the largest proportions of home using bottled, tank, or lp gas at 65% of the total and is ranked #3. Only #2 Ephraim (66%), and #1 Baileys Harbor CDP (68%) are larger. Third, it has the largest proportion of home using electricity at 28% 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 Sister Bay housing department, Wisconsin department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Sister Bay depicts it has a total people living in group quarters of 62 which is the third most number of people in group quarters of all other places in the greater Sister Bay region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Sister Bay 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.) Sister Bay has the largest proportion of number of people 18 years of age and older living in group quarters at 100% of the total and is ranked #1.