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Cost of Living in Racine County, WI

Population 197,532 · Census ACS 2020–2024 5-year estimates

Median rent$1,080
Median home value$251,400
Median household income$78,096

The median rent in Racine County, WI is $1,080/month, about the same as the Wisconsin median and 24% lower than the U.S. median. The median home value is $251,400, 24% lower than the national median. Households earn a median of $78,096 a year, about the same as the state median.

Affordability

Rent as a share of median income: 16.6%
Income needed for median rent (30% rule): $43,200/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,271/mo

Run your own numbers: mortgage calculator · hourly to salary

Racine County vs. Wisconsin vs. U.S.

Racine CountyWisconsinU.S.
Median rent$1,080$1,087$1,413
Median home value$251,400$266,500$332,700
Median household income$78,096$77,485$80,734
Homeownership rate71.0%67.8%65.2%
Bachelor's degree or higher28.4%33.4%35.7%
Poverty rate10.3%10.6%12.5%
Unemployment rate4.4%3.2%5.2%
Work from home9.9%13.1%15.1%
Median age40.540.238.9

FAQ

What is the average rent in Racine County, WI?

The median gross rent in Racine County, WI is $1,080 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Racine County, WI?

Using the common 30% rule, renting a median-priced home takes about $43,200 a year in gross income.

Is Racine County, WI expensive to live in?

Rent there is 24% lower than the U.S. median, and the median home costs about 3.2 times the median household income.

Other counties in Wisconsin

Milwaukee County, WIRent $1,101 · Income $64,435Dane County, WIRent $1,398 · Income $89,975Waukesha County, WIRent $1,356 · Income $106,076Brown County, WIRent $1,031 · Income $79,649Outagamie County, WIRent $1,057 · Income $85,069Winnebago County, WIRent $965 · Income $74,925

Counties with a similar cost of living

Elmore County, ALRent $1,071 · Income $78,243St. Clair County, ALRent $1,084 · Income $77,463Blount County, TNRent $1,090 · Income $77,365Morton County, NDRent $1,076 · Income $79,382Lewis and Clark County, MTRent $1,102 · Income $78,237Stearns County, MNRent $1,068 · Income $77,066

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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