The need for affordable housing in Racine. 1 in 4 renters in Racine County are paying 50% of their monthly income on shelter. 92% of renters in Racine cannot currently afford a down payment on their first home. Racial Disparity - the home ownership rate for white households in Racine County is 74% compared to 69% in the US, while the home ownership rate for African American households is 26% compared to 41% in the US More than 1,700 people on a waiting list for subsidized housing in Racine County The median home value in Racine has risen from $110,000 to $176,000 (an increase of 59.7%). During the same period, the median family income in Racine has grown from $56,331 to $77,118 (an increase of 36.9%)