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Real Estate Prices & Overview

Downer Woods / University of Wisconsin Milwaukee median real estate price is $663,101, which is more expensive than 97.0% of the neighborhoods in Wisconsin and 78.7% of the neighborhoods in the U.S.

The average rental price in Downer Woods / University of Wisconsin Milwaukee is currently $2,349, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.8% of the neighborhoods in Wisconsin.

Downer Woods / University of Wisconsin Milwaukee is an urban neighborhood (based on population density) located in Milwaukee, Wisconsin.

Downer Woods / University of Wisconsin Milwaukee real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Downer Woods / University of Wisconsin Milwaukee neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.8% in Downer Woods / University of Wisconsin Milwaukee. NeighborhoodScout analysis shows that this rate is lower than 43.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

NeighborhoodScout's analysis shows that the Downer Woods / University of Wisconsin Milwaukee neighborhood has a greater concentration of residents currently enrolled in college than 99.5% of the neighborhoods in the U.S. With 67.3% of the population here attending college, this is very much a college-focused neighborhood.

In addition, one of the really interesting characteristics about the Downer Woods / University of Wisconsin Milwaukee neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.7% of college-friendly places to live in the state of Wisconsin. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and young, single professionals.

Modes of Transportation

More people in Downer Woods / University of Wisconsin Milwaukee choose to walk to work each day (26.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Downer Woods / University of Wisconsin Milwaukee neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 73.4% of the residential real estate in the Downer Woods / University of Wisconsin Milwaukee neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Downer Woods / University of Wisconsin Milwaukee neighborhood. In the Downer Woods / University of Wisconsin Milwaukee neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Downer Woods / University of Wisconsin Milwaukee neighborhood has more Belgian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Belgian ancestry and 11.1% have Polish ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Downer Woods / University of Wisconsin Milwaukee neighborhood in Milwaukee are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.8% of the neighborhoods in America. In addition, 1.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 75.9% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Downer Woods / University of Wisconsin Milwaukee neighborhood, 46.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 32.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.3%), and 7.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Downer Woods / University of Wisconsin Milwaukee neighborhood is English, spoken by 93.2% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Downer Woods / University of Wisconsin Milwaukee neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as German (35.5%). There are also a number of people of Irish ancestry (16.3%), and residents who report Polish roots (11.1%), and some of the residents are also of Italian ancestry (7.9%), along with some Asian ancestry residents (4.2%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Downer Woods / University of Wisconsin Milwaukee neighborhood spend under 15 minutes commuting one-way to work (54.8% of working residents), one of the shortest commutes across America.

Here most residents (41.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (26.6%) and 6.5% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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