Living in Racine, Wisconsin

Cost of living, income, home prices, rent and demographics of Racine · Census data 2020–2024

Racine has 77,633 residents with a median age of 34.7. The median household income is $57,740 (25% lower than the Wisconsin median), the median home value is $166,500, the median rent is $1,033/month.

Racine at a glance

Population
77,633
Median age
34.7State: 40.2
Median household income
$57,740State: $77,485
Median home value
$166,500State: $266,500
Median rent
$1,033/moState: $1,087
Homeowners
60.2%
Bachelor's degree or higher
21.4%
Average commute
23 min

Is Racine a good place to live?

Pros: Home values 38% lower than the state median.

Cons: Median household income 25% lower than the Wisconsin median; an average commute of 23 minutes; unemployment of 6.1%; a poverty rate of 18.2%.

The weather is best in June to September.

Cost of living in Racine

Housing is the biggest part of the cost of living. In Racine the median home value is $166,500, 50% lower than the U.S. median. Renters pay a median of $1,033 per month, which is 31.7% of household income. Homeowners with a mortgage pay $1,398 a month in housing costs.

Median home value

Racine$166,500
Wisconsin$266,500
United States$332,700

Median monthly rent

Racine$1,033
Wisconsin$1,087
United States$1,413

Racine median household income

The median household income in Racine is $57,740 and the income per person is $29,400. 18.2% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Racine$57,740
Wisconsin$77,485
United States$80,734

Housing in Racine: homes for sale and rent

Housing units
34,848
Owner-occupied
60.2%
Renter-occupied
39.8%
Vacant
8.3%Includes seasonal homes
Median year built
1953
Average household size
2.39

Racine demographics

Population
77,633
Median age
34.7
Under 18
27.2%
65 and older
13.9%
Households
31,970
Foreign-born
5.9%
Veterans
6.1%Adults 18+

Race and ethnicity

White53.9%
Hispanic or Latino24.4%
Black20.6%
Asian0.7%

Hispanic or Latino can be of any race. Population history of Racine ›

Education in Racine

21.4% of adults 25 and older in Racine have a bachelor's degree or higher (Wisconsin: 33.4%), and 5.9% have a graduate or professional degree.

Bachelor's degree or higher

Racine21.4%
Wisconsin33.4%
United States35.7%

Jobs and commute in Racine

Unemployment rate
6.1%State: 3.2%
Average commute
23 minState: 22 min
Work from home
7.2%
Drive alone
74.9%
Public transit
1.9%
Walk to work
1.4%
Homes with broadband
89.1%

Racine vs nearby towns

TownPopulationMedian incomeHome valueRent
Racine77,633$57,740$166,500$1,033
Elmwood Park526$61,461$229,300—
North Bay203$128,750$490,000—
Mount Pleasant27,953$91,616$292,400$1,127
Wind Point1,531$142,955$306,600$2,200
Sturtevant6,772$92,647$253,800$981
Caledonia25,257$93,152$303,400$1,141
Somers8,216$80,488$315,300$1,455
Yorkville3,243$122,936$385,200$1,632

More for people moving to Racine

Racine ZIP code ›Weather and climate ›

Living in Racine: FAQ

What is the median household income in Racine, WI?

The median household income in Racine is $57,740, 25% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Racine?

The median home value in Racine is $166,500, compared with $266,500 in Wisconsin.

How much is rent in Racine?

The median gross rent in Racine is $1,033 per month, about 31.7% of household income.

Is Racine, WI a good place to live?

Pluses: home values 38% lower than the state median. Minuses: median household income 25% lower than the Wisconsin median; an average commute of 23 minutes; unemployment of 6.1%; a poverty rate of 18.2%.

What is the median age in Racine?

The median age in Racine is 34.7 years (Wisconsin: 40.2).

How long is the commute in Racine?

The average commute to work in Racine is 23 minutes; 7.2% of workers work from home.

What is the unemployment rate in Racine?

The unemployment rate in Racine is 6.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Racine?

21.4% of adults in Racine have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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