Cost of Living in Racine, WI
Population: 77,155 • 2026 Data
$55,705
Median Household Income
-28% vs national
$983
Median Monthly Rent
-27% vs national
$158,100
Median Home Value
-53% vs national
5.8%
Unemployment Rate
Housing in Racine
The median home value in Racine, WI is $158,100. Monthly rent for a typical unit averages $983, while total monthly housing costs (including utilities and insurance) average $1,022.
Rent-to-income ratio: 21.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Racine, WI is $55,705. The unemployment rate stands at 5.8%, with a labor force of 37,405 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.