Racine is a city in Wisconsin state in USA with a population of 76893 residents.. The poverty rate of Racine is 20.7%, which is 48% higher than national average. The typical household in Racine earns $44346 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Racine, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Racine remained 5.5%, which is 17% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Racine, only 17% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Racine is 86, which is 14% lower than national average. Median home value in Racine is $116200 , which is 49% lower than national average. While median income in Racine remained $44346, which is 34% lower than national average.