Here's what it costs to live in Racine, Wisconsin, based on the latest US government data. Renters pay a median of $1,033 per month, while the typical home is valued around $166,500. Households earn a median of $57,740 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$57,740
Annual · Census ACS
Median Gross Rent
$1,033
Per month · Census ACS
Median Home Value
$166,500
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$851
HUD Fair Market Rent
1BR Fair Market Rent
$988
HUD FMR
2BR Fair Market Rent
$1,235
HUD FMR
3BR Fair Market Rent
$1,592
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
77,633
Latest estimate
Median Age
34.7 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,038
Per month
Avg Home Value
$192,375
Census ACS
January Avg
23°F
July Avg
73°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.6
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
91.8%
What is the cost of living index for Racine?
The cost of living index for Racine is not yet available in our database.
What is the median rent in Racine?
The median gross rent in Racine is $1,033 per month according to US Census ACS data.
What is the median household income in Racine?
The median household income in Racine is $57,740 per year.
What is the median home value in Racine?
The median home value in Racine is $166,500 based on the latest Census ACS survey.
How is the air quality in Racine?
Air quality data for Racine is not yet available.
What are the taxes like in Racine?
Tax data for Wisconsin is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology