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Real Estate Prices & Overview

Median real estate price in the City Center of Wausau is $294,386, which is more expensive than 47.8% of the neighborhoods in Wisconsin and 38.0% of the neighborhoods in the U.S.

The average rental price in Wausau City Center is currently $1,280, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.3% of Wisconsin neighborhoods.

Wausau City Center is a suburban neighborhood (based on population density) located in Wausau, Wisconsin.

Real estate in the City Center of Wausau, WI is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the City Center 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 1940 and 1969.

Wausau City Center has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Wausau, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Wausau City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 70.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

Of particular note, 8.4% of the people in the City Center neighborhood currently reside in a correction facility, held due to punishment for a crime.

Modes of Transportation

More people in Wausau City Center choose to walk to work each day (11.4%) 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

Do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Wausau City Center neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 56.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.5% of the neighborhoods in the United States.

Diversity

Did you know that the Wausau City Center neighborhood has more German and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 37.2% of this neighborhood's residents have German ancestry and 4.7% have Swedish ancestry.

Wausau City Center is also pretty special linguistically. Significantly, 12.9% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

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 City Center neighborhood in Wausau are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.7% of U.S. neighborhoods. With 23.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.1% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Wausau City Center neighborhood, 31.0% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.7%), and 19.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Wausau City Center neighborhood is English, spoken by 91.6% of households. Some people also speak Polish (12.9%).

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 City Center neighborhood in Wausau, WI, residents most commonly identify their ethnicity or ancestry as German (37.2%). There are also a number of people of Mexican ancestry (7.9%), and residents who report Irish roots (7.5%), and some of the residents are also of Polish ancestry (7.0%), along with some Norwegian ancestry residents (6.3%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Wausau City Center neighborhood spend under 15 minutes commuting one-way to work (70.2% of working residents), one of the shortest commutes across America.

Here most residents (62.6%) 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 (11.4%) and 9.6% of residents also carpool with coworkers, friends, or neighbors 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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