| Foreclosures in Wisconsin
Population:
20th largest U.S. State by population, with 5,363,675 people (2009 estimate). 23rd largest state in the country by area, at 65,498 square miles.
Largest city: Milwaukee
Median income:$52,094 (2008 estimate)
Climate:
Yearly rainfall: 30.9 inches per year
Yearly snowfall: 44 inches per year in Madison; 47 inches per year in Milwaukee
Temperatures (High/Low) in capital city of Madison:
January, 43/24; July, 85/63
Foreclosures:
Foreclosure activity for 2009 increased in Wisconsin over the prior year. There was a total of 35,252 properties with filings. That works out to a rate of one filing for every 73 households, which compares to the United States average of 45, and is about one and one third percent of the state’s housing units.
Those figures represent a 78 percent increase over 2008 and a 190 percent increase over 2007.
In 2008 there were about 84,500 existing homes (including condos, co-ops, and single-family homes but excluding new homes) sold in Wisconsin, compared to about 104,600 sold in 2007.
Economy:
Wisconsin's biggest employers are in the government, manufacturing, and healthcare industries. Though renowned for its agriculture (particularly its dairy industry which is the nation's second biggest,) Wisconsin has long been a leading manufacturer of processed foods, beer, transportation equipment and heavy machinery. Most of the commerce in the state takes place in cities, where nearly 70 percent of Wisconsinites reside. The states biggest natural resource export is lumber—40 percent of the state is covered in dense forests.
Noteworthy: Wisconsin's 7,446 rivers and streams combine to stretch nearly 28,000 miles, enough to circle the equator.
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