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 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. Sister Bay depicts it has a Housing Units of 1,380 which is the third most of all other places in the area.

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 535.5 which is the third most of all other places in the area. The city with the highest housing density in the area is Menominee which depicts a density of 848.4 (58.4% larger). Comparing housing density to the United States average of 38.9, Sister Bay is appreciably bigger. Also, versus the state of Wisconsin, housing density of 49.8, Sister Bay is markedly 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 depicts it has a Housing Unit Change of 3.4% which is the second most housing units of all the places in the greater Sister Bay region. The city with the highest change in the housing units in the area is Marinette which shows a housing units of 4.2% (23.8% larger). Comparing change in the housing units to the United States average of 5.7%, Sister Bay is approximately three-fourths the size. Also, benchmarked against the state of Wisconsin, change in the housing units of 2.7%, Sister Bay is 26.1% larger.

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 shows it has a Renter Percent of 41.4% which is the highest 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 a Owner Percent of 58.6% which is the smallest when sorted by owner percent of all the other places in the surrounding region.

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 depicts it has a Median Home Value of $264,200 which is the third most median home prices of all other places in the greater Sister Bay region. The city with the highest median home price in the area is Ephraim which depicts a home price of $389,700 (47.5% 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 depicts it has a Median Gross Rent of $899 which is the second most of all the places in the local area. The city with the highest rental rates in the area is Baileys Harbor CDP which depicts a rental rates of $1,091 (21.4% larger). Comparing rental rates to the United States average of $1,062, Sister Bay is about 18.1% smaller. Also, in contrast to the state of Wisconsin, rental rates of $856, Sister Bay is only about 5.0% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Sister Bay has one of the largest proportions of home price worth between $100,000 to $200,000 at 37% of the total and is ranked #2. The only larger city being Ellison Bay CDP with 42%. Second, it has one of the largest proportions of home price worth between $1,500,000 to $2,000,000 at 4% of the total and is ranked #2. The only larger city being Ephraim with 12%.

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 Owner Cost of $1,009 which is in the intermediate range of other places in the greater 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 Owner Cost as % of HH Income of 21% which is the second most of all the 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. Sister Bay shows it has a Median Home Value as Percent of Median Earnings of 658% which is the third most median home value as a percent of median worker earnings of all other places in the greater Sister Bay 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.) Sister Bay indicates it has a Median Owner Costs-With Mortgage of $1,597 which is the second most median housing cost of all the places in the greater Sister Bay 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 $646 which is in the mid range of other places in the metropolitan area.

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 largest proportion of owner cost between $300 and $500 at 28% of the total and is ranked #1. Second, it has the second smallest when sorted by owner cost less than $300 of all the other places in the surrounding region when sorted by owner cost between $500 and $700 at 12% of the total. Third, it has the largest proportion of owner cost between $1,000 and $1,500 at 24% 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 % of Income Owner Costs-With Mortgage of 29% which is more than all other places in the metro 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. Sister Bay shows it has a % of Income Owner Costs-No Mortgage of 14% 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 19% (35.7% 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.) Sister Bay has the percentage of rent as a percent of income is less than 10 pct the second smallest in order of rent as a percent of income is less than 10 pct of all the 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 10pct to 20pct at 34% of the total and is ranked #2. The only larger city being Baileys Harbor CDP with 64%. Third, it has less than most other places in the metropolitan area in order of rent as a percent of income is between 20pct to 30pct at 14% of the total. Also, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 25% of the total and is ranked #2. The only larger city being Marinette with 25%.

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 less than $300 at 6% of the total. Second, it has the largest proportion of housing cost between $1,000 and $1,500 at 17% 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 $2,849 which is the third most of all other places in the greater region. The city with the highest median real estate taxes paid in the area is Ephraim which shows a taxes paid of $3,773 (32.4% larger). Comparing median real estate taxes paid to the United States average of $2,471, Sister Bay is 15.3% larger. Also, compared to the state of Wisconsin, median real estate taxes paid of $3,344, Sister Bay is about 17.4% smaller.

Figure 23 shows the rental rate distribution for this area. Sister Bay Wisconsin has the percentage of rent less than 300 dollars the second smallest as measured by rent less than 300 dollars of all the other places in the metro area at 2% of the total. Second, it has the second smallest in order of rent less than 300 dollars of all the other places in the greater region in terms of rent between 300 and 500 dollars at 14% of the total. Third, it has one of the largest proportions of rent between 500 and 750 dollars at 25% of the total and is ranked #2. The only larger city being Ephraim with 50%. Also, it has one of the largest proportions of rent between 750 and 1000 dollars at 31% of the total and is ranked #2. The only larger city being Baileys Harbor CDP with 79%. In addition, it has the largest proportion of rent between 1000 and 1500 dollars at 12% 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 the percentage of both 2nd mortgage and heloc less than most other places in the greater region at 38% of the total. Second, it has one of the largest proportions of no 2nd mortgage and no heloc at 53% of the total and is ranked #3. Only #2 Ephraim (59%), and #1 Egg Harbor (61%) are larger.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Sister Bay has one of the largest proportions of houses with mortgages at 53% of the total and is ranked #3. Only #2 Ephraim (59%), and #1 Egg Harbor (61%) are larger.

Sister Bay Wisconsin Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.2 which is the second smallest as measured by family members per housing unit of all the 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 (31.7% 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 a Median Number of Rooms of 4.4 which is the smallest when sorted by 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 Marinette which depicts an average number of rooms in a house of 5.8 (31.8% 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 1992 which is more than all other 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 7% of the total and is ranked #1. Second, it has in the center range of other places in the greater region when sorted by homes built between 2010 to 2013 at 16% of the total. Third, it has the largest proportion of homes built between 2000 to 2009 at 27% of the total and is ranked #1. Also, it has the smallest proportion of homes built between 1970 to 1979 at 4% of the total. In addition, it has the smallest proportion of homes built between 1960 to 1969 at 3% of the total. Furthermore, it has the second smallest as measured by homes built in 2014 or later of all the other places in the area when sorted by homes built between 1950 to 1959 at 2% of the total. Next it has the smallest proportion of homes built between 1940 to 1949 at 7% 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 173 of the total and is ranked #3. Only #2 Menominee (1,424), and #1 Marinette (1,921) are larger.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has one of the largest proportions of 2 units at 11% of the total and is ranked #2. The only larger city being Egg Harbor with 14%. Second, it has one of the largest proportions of 3 or 4 units at 18% of the total and is ranked #2. The only larger city being Egg Harbor with 24%. Third, it has one of the largest proportions of 5 to 9 units at 7% of the total and is ranked #2. The only larger city being Ephraim with 7%. Also, it has the largest proportion of 10 to 19 units at 6% of the total and is ranked #1. In addition, it has the largest proportion of 20 to 49 units at 11% 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 $148,200 of the total and is ranked #2. The only larger city being Egg Harbor with $462,500. Second, it has in the middle range of other places in the local area as measured by value of homes built 2010 to 2013 at $274,000 of the total. Third, it has the largest proportion of value of homes built 2000 to 2009 at $273,600 of the total and is ranked #1. Also, it has one of the largest proportions of value of homes built 1990 to 1999 at $210,300 of the total and is ranked #3. Only #2 Egg Harbor ($350,000), and #1 Ephraim ($372,700) are larger. In addition, it has the largest proportion of value of homes built 1980 to 1989 at $244,400 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 middle range of other places in the local area 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 Owner-Household Size of 1.9 which is the second smallest in order of homeowner household size of all the other places in the metropolitan area. The city with the highest homeowner household size in the area is Menominee which depicts a homeowner household size of 2.1 (15.7% larger).

Figure 37 shows the household size for renters. Sister Bay depicts it has a Renter-Household Size of 1.4 which is the second smallest in terms of renter household size of all the other places in the metro area. The city with the highest renter household size in the area is Egg Harbor which depicts a renter household sizes of 2.2 (64.4% larger). Figure 39 shows the year that people who rent moved into the area. Sister Bay has one of the largest proportions of renters moved in 2017 or later at 46% of the total and is ranked #2. The only larger city being Egg Harbor with 51%. Second, it has the smallest proportion of renters moved in 2015 to 2016 at 12% of the total. Third, it has the second smallest in order of renters moved in 2017 or later of all the other places in the local area when ranked by renters moved in 2010 to 2014 at 6% 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 second most of all the places in the area. Figure 41 compares the median year that renters moved into their home. Sister Bay depicts it has a Renter Median Year Moved In of 2016 which is ranked #1 of all places in the metro area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using natural gas in the middle range of other places in the surrounding region at 59% of the total. Second, it has the largest proportion of home using bottled, tank, or lp gas at 31% of the total and is ranked #1. Third, it has the largest proportion of homes using coal or coke at 1% 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 In Group Quarters of 54 which is the third most of all other places in the local area.

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 under 18 years of age and in group quarters at 100% of the total and is ranked #1.