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RC EDC presents updated Racine County housing study, finds tight rental market and continued demand for varied housing

2111264 · January 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Racine County Economic Development Corporation presented an updated residential market analysis showing low vacancy rates, continued rental construction concentrated in several communities, and a consultant recommendation for a housing working committee and a broader mix of housing types.

The Racine County Economic Development Corporation on Jan. 13 summarized an updated residential market analysis that projects continued household growth and persistent affordability pressures across the county.

The study, completed in fall 2024 by Tracy Cross & Associates, estimates the county can absorb roughly 855 housing units per year—similar to a 2020 finding of about 890 units annually—and documents a strong pipeline of rental construction concentrated in Mount Pleasant, Caledonia and Sturtevant. Jenny Treck of the RC EDC said the study combined construction and employer-survey data and recommended practical changes to increase supply.

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