Wind Point Wisconsin Area Home Supply Charts

This page looks at a variety of Wind Point 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. Wind Point depicts it has a housing units of 818 which is less than most other places in the greater region.

Figure 2 illustrates the housing density in the Wind Point housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Wind Point shows it has a housing density of 653.5 which is in the mid range of other places in the surrounding region. The city with the highest housing density in the area is Racine which shows a density of 2,173.8 (approximately 3.3 times bigger). Comparing housing density to the United States average of 38.6, Wind Point is substantially bigger. Also, measured against the state of Wisconsin, housing density of 49.6, Wind Point is very much bigger.

In Figure 4, Wind Point area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Wind Point shows it has a change in the housing units of 5.4% which is the second most housing units of all the places in the greater Wind Point region. The city with the highest change in the housing units in the area is Elmwood Park which depicts a housing units of 8.4% (54.7% larger). Comparing change in the housing units to the United States average of 4.9%, Wind Point is 10.9% larger. Also, in contrast to the state of Wisconsin, change in the housing units of 2.2%, Wind Point is approximately 2.5 times bigger.

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.) Wind Point depicts it has a renter percent of 3.4% 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 an owner percent of 96.6% which is the second most owner percent of all the places in the greater Wind Point region.

Wind Point Wisconsin Home Cost Charts

Looking at the housing data provided in Figure 7, the average Wind Point home price is illustrated for this community and a useful analysis of affordable housing. Wind Point depicts it has a median home price of $246,900 which is the second most of all the places in the surrounding region. The city with the highest median home price in the area is North Bay which shows a home price of $327,100 (32.5% larger). Figure 8 provides aggregate comparative data for the Wind Point Wisconsin metro area in terms of the median housing rental rate, apartment rent, etc. Wind Point shows it has a rental rates of $1,386 which is ranked #1 of all places in the greater Wind Point region. Comparing rental rates to the United States average of $1,023, Wind Point is 35.5% larger. Also, measured against the state of Wisconsin, rental rates of $837, Wind Point is 65.6% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Wind Point has the percentage of home price worth between $50,000 to $100,000 the second smallest in order of home price worth less than $50,000 of all the other places in the greater region at 1% of the total. Second, it has the second smallest when ranked by home price worth less than $50,000 of all the other places in the surrounding region when ranked by home price worth between $100,000 to $200,000 at 29% of the total. Third, it has the largest proportion of home price worth between $200,000 to $300,000 at 39% 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 1% of the total and is ranked #1. In addition, it has the largest proportion of home price worth between $1,000,000 to $1,500,000 at 1% of the total and is ranked #1. Furthermore, it has the largest proportion of home price worth between $1,500,000 to $2,000,000 at 1% of the total and is ranked #1. Next it has the largest proportion of home price worth $2,000,000 or more at 1% 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. Wind Point depicts it has a median ownership cost of $1,258 which is the third most of all 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 Wind Point metro area. it has a cost as a percent of household income of 14% which is the smallest when sorted by 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. Wind Point depicts it has a median home value as a percent of median worker earnings of 334% which is the third most median home value as a percent of median worker earnings of all other places in the greater Wind Point 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.) Wind Point shows it has a median housing cost of $1,750 which is the second most of all the 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 housing cost of $727 which is the second most median housing cost of all the places in the greater Wind Point 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. Wind Point has one of the largest proportions of owner cost between $700 and $1,000 at 21% of the total and is ranked #2. The only larger city being Racine with 21%. Second, it has the largest proportion of owner cost between $3,500 and $4,000 at 2% 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.) Wind Point shows it has a cost as a percent of household income of 18% which is the smallest when ranked by cost as a percent of household income of all the other places in the surrounding region. 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 23% (29.1% 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. Wind Point indicates it has a cost as a percent of household income of 10% which is the smallest in order of cost as a percent of household income of all the other places in the greater region. The city with the highest cost as a percent of household income in the area is Racine which shows a cost as a percent of household income of 14% (33.3% 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.) Wind Point has the largest proportion of rent as a percent of income is less than 10 pct at 12% of the total and is ranked #1. Second, it has the smallest proportion of rent as a percent of income is between 10pct to 20pct at 15% of the total. Third, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 42% 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. Wind Point has the largest proportion of housing cost between $500 and $700 at 18% 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 $4,223 which is the second most median real estate taxes paid of all the places in the greater Wind Point region. The city with the highest median real estate taxes paid in the area is North Bay which depicts a taxes paid of $6,299 (49.2% larger). Comparing median real estate taxes paid to the United States average of $2,375, Wind Point is 77.8% larger. Also, in comparison with the state of Wisconsin, median real estate taxes paid of $3,308, Wind Point is 27.7% larger.

Figure 23 shows the rental rate distribution for this area. Wind Point Wisconsin has one of the largest proportions of rent between 1000 and 1500 dollars at 54% of the total and is ranked #2. The only larger city being North Bay with 100%. Second, it has the largest proportion of rent between $2,500 and $3,500 at 15% of the total and is ranked #1.

Wind Point Wisconsin Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Wind Point has the smallest proportion of with mortgage at 52% of the total. Second, it has the largest proportion of both 2nd mortgage and heloc at 1% of the total and is ranked #1. Third, it has the smallest proportion of no 2nd mortgage and no heloc at 41% of the total. Also, it has the largest proportion of no mortgage at 48% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Wind Point has the smallest proportion of houses with mortgages at 52% of the total. Second, it has the largest proportion of houses without mortgages at 48% of the total and is ranked #1.

Wind Point 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). Wind Point has the smallest proportion of housing density at 2.3 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 2.7 which is the second smallest in order of family members per housing unit of all the other places in the area. The city with the highest family members per housing unit in the area is Racine which shows a family members per housing unit of 3.3 (20.7% larger). Comparing family members per housing unit to the United States average of 3.3, Wind Point is about 22.6% smaller. Also, compared to the state of Wisconsin, family members per housing unit of 3.1, Wind Point is about 12.4% smaller.

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 7.3 which is the second most average number of rooms in a house of all the places in the greater Wind Point region. The city with the highest average number of rooms in a house in the area is North Bay which shows an average number of rooms in a house of 8.0 (9.6% 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 year built of 1974 which is the third most year built of all other places in the greater Wind Point region. The city with the highest year built in the area is Mount Pleasant which shows a year built of 1982 ( about the same size).

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 2000 to 2009 in the mid range of other places in the area at 5% of the total. Second, it has the largest proportion of homes built between 1980 to 1989 at 17% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1970 to 1979 at 40% of the total and is ranked #1. Also, it has the largest proportion of homes built between 1960 to 1969 at 20% of the total and is ranked #1. In addition, it has the smallest proportion of homes built between 1950 to 1959 at 9% of the total. Furthermore, it has the smallest proportion of homes built between 1940 to 1949 at 1% of the total. Next it has the smallest proportion of homes built between 1939 or earlier at 5% 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 metropolitan area at 736 of the total. Second, it has less than most other places in the local area when sorted by renter housing units at 26 of the total.

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 one unit attached at 14% of the total and is ranked #1. Second, it has the second smallest when sorted by one unit detached of all the other places in the surrounding region in terms of 2 units at 0% of the total. Third, it has less than most other places in the local area in order of 5 to 9 units 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 2000 to 2009 at $277,100 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 1990 to 1999 at $390,000 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 1980 to 1989 at $354,300 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1970 to 1979 at $235,800 of the total and is ranked #1. In addition, it has one of the largest proportions of value of homes built 1960 to 1969 at $234,100 of the total and is ranked #2. The only larger city being North Bay with $321,400. Furthermore, it has one of the largest proportions of value of homes built 1950 to 1959 at $217,700 of the total and is ranked #2. The only larger city being North Bay with $353,600. Next it has in the middle range of other places in the surrounding region as measured by value of homes built 1939 or earlier at $186,500 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 Wind Point residents. it has a homeowner household size of 2.3 which is the second smallest in order of homeowner household size of all the other places in the local area. The city with the highest homeowner household size in the area is Caledonia which depicts a homeowner household size of 2.6 (11.3% larger).

Figure 37 shows the household size for renters. Wind Point shows it has a renter household size of 2.5 which is the third most renter household sizes of all other places in the greater Wind Point region. The city with the highest renter household size in the area is North Bay which shows a renter household sizes of 3.2 (28.0% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2010 to 2014 at 26% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Wind Point has one of the largest proportions of renters moved in 2010 to 2014 at 79% of the total and is ranked #2. The only larger city being Elmwood Park with 91%. Second, it has the largest proportion of renters moved in 1989 or earlier at 21% of the total and is ranked #1.

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 2003 which is the third most median year that a home owner moved in of all other places in the greater Wind Point region. Figure 41 compares the median year that renters moved into their home. Wind Point shows it has a median year that a renter moved in of 2011 which is the second smallest when ranked by median year that a renter moved in of all the other places in the local area.