Interested in purchasing investment houses in the 53404 zip code in Racine, WI?
The zip code 53404 is in Racine county with a latitude of -87.811210000000 and longitude of 42.753790000000, is in the state of Wisconsin. The average asking price of houses and condos is $66,139.00 and the average sale price was $68,027.00. this regions is classified as the Milwaukee metro area and is in the 262 area code. The location in degrees is 42° 45' 13.644" N, 87° 48' 40.356" W. The county F.I.P.S. is 55101. This zip code contains three cities including Racine, WI (65.96%), Caledonia, WI (30.55%), and Mount Pleasant, WI (3.49%) The total land area is 4.5 square miles and the water area is 0.2 square miles. The elevation in this area is 630 - 659 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53404 is in county number 101 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 15,159 in 2019 and 15,658 in 2010. This further breaks down to 7,551 males (49.8%) and 7,607 females (50.2%). The median age of residents is 30.8 years. The population of the greater Racine, WI area is 199,861. The population density (people per square mile) is 3,403. This zip code has a combined total of 6,189 houses and condos. There are 3,337 rented appartments. 59% of residents rent versus the 59% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $32,435 and the average salary is $29,162. The median household income of individuals is $41,943.00 and the average is $36,670.00. This zip code has a mean commute time to work of 25.5 minutes. The unemployment rate is 7.4%. Income earners by percent breakdown as 56.00% (Under $50,000), 30.40% ($50,000-$100,000), and 13.70% earn over $100,000. 26.3% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 95.0. The educational breakdown is 76.9% have a high school education or higher, 11.7% have a bachelor's degree or higher, and 3.8% have some kind of profesional degree.
This area has 5,475 households and the average size is 2.6 people. Individuals who are single and have never been married are 46.7%, 36.9% are now married, 1.5% are separated, 4.2% are widowed, and 10.7% are divorced. The average yearly contribution amount given by people to charity was $2,455 versus the state average of $3,370. The percent of residents who gave to charity was 14.2%.
The estimated median value of houses and condos is $109,911. The median monthly owner costs of mortgage holders was $1,171, where as the costs for those who don't have a mortgage are $509. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $2,763. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,320. The median housing property tax percent for residents with mortgages was 2.6% which amounted to an average tax amount of $2,789. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.3% which amounted to an average tax amount of $2,728. Reported taxable interest for persons was $407, dividends $1,861, capital gains +$3,994, and itemized deductions $17,103. The average earned income tax credit is $2,609. The percent of individuals that use a tax preparer is 51.8%. The total average income taxes paid by individuals was $7,445. Businesses reported an average profit of $9,539.
Infusino's Pizzeria
3225 Rapids Dr, Racine, WI 53404
Roosters Family Restaurant
1521 Yout St, Racine, WI 53404
Bella Cibo Restaurant
3751 Douglas Ave, Racine, WI 53402 (2.1 miles away)
Blue Bear restaurant
2920 Taylor Ave, Racine, WI 53405 (2.1 miles away)
Corner House on the Lake
207 Gas Light Cir, Racine, WI 53403 (2.6 miles away)
Texas Roadhouse
6228 Durand Ave, Mount Pleasant, WI 53406 (2.9 miles away)
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