Interested in purchasing investment houses in the 53402 zip code in Racine, WI?
The zip code 53402 is in Racine county with a latitude of -87.823840000000 and longitude of 42.798710000000, is in the state of Wisconsin. The average asking price of houses and condos is $178,187.00 and the average sale price was $133,828.00. this regions is classified as the Milwaukee metro area and is in the 262 area code. The location in degrees is 42° 47' 55.356" N, 87° 49' 25.824" W. The county F.I.P.S. is 55101. This zip code contains four cities including Caledonia, WI (76.98%), Racine, WI (16.97%), Wind Point, WI (5.60%), and North Bay, WI (0.46%) The total land area is 20.5 square miles and the water area is 4.9 square miles. The elevation in this area is 577 - 699 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53402 is in county number 101 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 33,919 in 2019 and 33,174 in 2010. Of this, the break down in 2019 was 32,122 urban and 1,796 rural. This further breaks down to 16,843 males (49.7%) and 17,076 females (50.3%). The median age of residents is 41.9 years. The population of the greater Racine, WI area is 199,861. The population density (people per square mile) is 1,656. This zip code has a combined total of 14,752 houses and condos. There are 3,984 rented appartments. 29% of residents rent versus the 29% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $61,578 and the average salary is $52,013. The median household income of individuals is $65,661.00 and the average is $66,240.00. This zip code has a mean commute time to work of 26.0 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 36.50% (Under $50,000), 38.80% ($50,000-$100,000), and 24.60% earn over $100,000. 10.6% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 95.3. The educational breakdown is 92.0% have a high school education or higher, 29.1% have a bachelor's degree or higher, and 11.3% have some kind of profesional degree.
This area has 13,239 households and the average size is 2.4 people. Individuals who are single and have never been married are 30.6%, 52.6% are now married, 0.8% are separated, 4.7% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $3,280 versus the state average of $3,370. The percent of residents who gave to charity was 32.6%.
The estimated median value of houses and condos is $176,809. The median monthly owner costs of mortgage holders was $1,475, where as the costs for those who don't have a mortgage are $592. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 2.1% which equated to an average real estate tax amount payment of $3,728. 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 2.1% which amounted to an average tax amount of $3,772. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.2% which amounted to an average tax amount of $3,664. Reported taxable interest for persons was $951, dividends $8,846, capital gains +$17,809, and itemized deductions $22,108. The average earned income tax credit is $2,315. The percent of individuals that use a tax preparer is 49.6%. The total average income taxes paid by individuals was $10,903. Businesses reported an average profit of $12,015.
Bella Cibo Restaurant
3751 Douglas Ave, Racine, WI 53402
Oh Dennis Saloon & Charcoal
4301 Douglas Ave, Racine, WI 53402
Joeys Yardarm
920 Erie St, Racine, WI 53402
Sebastian's
6025 Douglas Ave, Racine, WI 53402
Out of the Pan
550 State St, Racine, WI 53402
Kingswok
5131 Douglas Ave, Racine, WI 53402
Cliff's Boathouse Cafe
301 Hamilton St, Racine, WI 53402
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