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 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. Wind Point shows it has a Housing Units of 810 which is less than most other places in the metro area.

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 indicates it has a Housing Density of 647.2 which is in the intermediate range of other places in the local area. The city with the highest housing density in the area is Racine which depicts a density of 2167.7 (approximately 3.3 times bigger). Comparing housing density to the United States average of 38.9, Wind Point is substantially bigger. Also, measured against the state of Wisconsin, housing density of 49.8, 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 Housing Unit Change of 4.4% which is more than all other places in the greater Wind Point region. Comparing change in the housing units to the United States average of 5.7%, Wind Point is approximately three-fourths the size. Also, in comparison with the state of Wisconsin, change in the housing units of 2.7%, Wind Point is 63.9% 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.) Wind Point depicts it has a Renter Percent of 1.5% which is the smallest when ranked by renter percent of all the other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 98.5% which is ranked #1 of all 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 Value of $250,700 which is the second most median home prices of all the places in the greater Wind Point region. The city with the highest median home price in the area is North Bay which depicts a home price of $321,700 (28.3% 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 less than $50,000 the second smallest as measured by home price worth less than $50,000 of all the other places in the local area 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 greater region when sorted by home price worth between $50,000 to $100,000 at 26% of the total. Third, it has the largest proportion of home price worth between $500,000 to $750,000 at 1% 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.

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 Owner Cost of $1,356 which is the third most median ownership cost of all other places in the greater Wind Point 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 Owner Cost as % of HH Income of 15% which is the smallest in terms of cost as a percent of household income of all the other places in the 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 indicates it has a Median Home Value as Percent of Median 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 Owner Costs-With Mortgage of $1,824 which is the second most median housing cost of all the places in the greater Wind Point 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 $744 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 the percentage of owner cost less than $300 the second smallest in terms of owner cost less than $300 of all the other places in the metropolitan area 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 Racine with 21%. Third, it has the second smallest in order of owner cost less than $300 of all the other places in the local area when ranked by owner cost between $700 and $1,000 at 16% of the total. Also, it has the largest proportion of owner cost between $3,000 and $3,500 at 2% of the total and is ranked #1. In addition, it has the largest proportion of owner cost between $3,500 and $4,000 at 3% 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 % of Income Owner Costs-With Mortgage of 18% which is the smallest when ranked by 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 shows a cost as a percent of household income of 23% (30.0% 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 shows it has a % of Income Owner Costs-No Mortgage of 11% which is the smallest as measured by cost as a percent of household income of all the other places in the metro area. The city with the highest cost as a percent of household income in the area is Sturtevant which shows a cost as a percent of household income of 14% (22.7% 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.) Wind Point has the largest proportion of rent as a percent of income is less than 10 pct at 36% of the total and is ranked #1. Second, it has the second smallest when ranked by rent as a percent of income is less than 10 pct of all the other places in the greater region when ranked by rent as a percent of income is between 10pct to 20pct at 9% of the total.

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 $1,000 and $1,500 at 21% 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 $4,177 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 shows a taxes paid of $6,250 (49.6% larger). Comparing median real estate taxes paid to the United States average of $2,471, Wind Point is 69.0% larger. Also, measured against the state of Wisconsin, median real estate taxes paid of $3,344, Wind Point is 24.9% larger.

Figure 23 shows the rental rate distribution for this area. Wind Point Wisconsin has the percentage of rent between 750 and 1000 dollars the second smallest in order of rent less than 300 dollars of all the other places in the local area at 9% of the total. Second, it has the largest proportion of rent between $2,500 and $3,500 at 36% 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 both 2nd mortgage and heloc at 45% of the total. Second, it has one of the largest proportions of no 2nd mortgage and no heloc at 43% of the total and is ranked #2. The only larger city being Elmwood Park with 47%.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Wind Point has one of the largest proportions of houses with mortgages at 43% of the total and is ranked #2. The only larger city being Elmwood Park with 47%.

Wind Point Wisconsin Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.8 which is the second smallest when ranked by 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 depicts a family members per housing unit of 3.2 (15.0% larger). Comparing family members per housing unit to the United States average of 3.3, Wind Point is about 17.8% smaller. Also, in contrast to the state of Wisconsin, family members per housing unit of 3.1, Wind Point is about 8.1% 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 7.6 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 depicts an average number of rooms in a house of 7.8 (only about 2.6% 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 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 depicts a year built of 1980 ( 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 2010 to 2013 in the middle range of other places in the metro area at 4% of the total. Second, it has the largest proportion of homes built between 1990 to 1999 at 19% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1980 to 1989 at 36% of the total and is ranked #1. Also, it has one of the largest proportions of homes built between 1970 to 1979 at 23% of the total and is ranked #2. The only larger city being North Bay with 24%. In addition, it has the smallest proportion of homes built between 1960 to 1969 at 9% 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 3% 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 area at 11 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 detached at 15% 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 $296,400 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 2000 to 2009 at $400,000 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 1990 to 1999 at $363,200 of the total and is ranked #1. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $232,100 of the total and is ranked #2. The only larger city being North Bay with $275,000. In addition, it has one of the largest proportions of value of homes built 1970 to 1979 at $241,100 of the total and is ranked #2. The only larger city being North Bay with $316,700. Furthermore, it has one of the largest proportions of value of homes built 1960 to 1969 at $219,300 of the total and is ranked #2. The only larger city being North Bay with $345,000. Next it has in the center range of other places in the metro area in terms of value of homes built 1940 to 1949 at $184,100 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 Owner-Household Size of 2.4 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 (9.7% larger).

Figure 37 shows the household size for renters. Wind Point depicts it has a Renter-Household Size of 2.7 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 Elmwood Park which depicts a renter household sizes of 5.0 (about twice as large). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2015 to 2016 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 the percentage of renters moved in 2017 or later the second smallest when ranked by renters moved in 2017 or later of all the other places in the greater region at 3% of the total. Second, it has one of the largest proportions of renters moved in 2015 to 2016 at 63% of the total and is ranked #2. The only larger city being Elmwood Park with 100%. Third, it has the largest proportion of renters moved in 1990 to 1999 at 33% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2004 which is the second most median year that a home owner moved in of all the places in the greater Wind Point region. Figure 41 compares the median year that renters moved into their home. Wind Point depicts it has a Renter Median Year Moved In of 1989 which is less than most other places in the surrounding region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of home using bottled, tank, or lp gas less than most other places in the metropolitan area at 7% of the total.