Milwaukee, WI Community Information

Milwaukee, WI Homes for Sale

Milwaukee Metro and Neighborhood Information

Once known almost exclusively as a brewing and manufacturing powerhouse, Milwaukee today is undergoing a transformation into a world-class city. Over the past decade, new additions to the city have included the Milwaukee Riverwalk, the Midwest Airlines Center, Miller Park baseball stadium, an internationally renowned addition to the Milwaukee Art Museum and Pier Wisconsin, as well as major renovations to the Milwaukee Auditorium and U.S. Cellular Arena. In addition, many new skyscrapers, condos, lofts and apartments have been constructed in neighborhoods on and near the lakefront and riverbanks.

Beerline B and Brady Street

The Beerline B neighborhood is an area of primarily condo development along the north side of the Milwaukee River, which has been developed after the removal of the Beerline B railroad spur that once provided service to Pabst, Blatz and Schlitz breweries. The neighborhood is centered around Commerce Street, which was originally intended to be a canal to the Rock River owned by Byron Kilbourn. Today, the neighborhood is home to Lakefront Brewery, Inc.

Brady Street is a neighborhood filled with coffee houses, nightclubs, restaurants, vintage clothing boutiques and thrift stores. Once the core of Milwaukee's hippie counterculture, gentrification forced most of its Bohemian population out, many going to Riverwest and Bay View. But this neighborhood still exhibits a strong independent flair.

East Town

East Town is the portion of Milwaukee's central business district east of the Milwaukee River. It is bordered by Brady Street on the lower east side, the Third Ward on the south, and Lake Michigan on the east.

East Town has dense, narrower streets and a more intimate feel, whereas Westown has broad, vast streets with older buildings. The strikingly modern skyscrapers of the Northwestern Mutual Life complex and Milwaukee's tallest building, the U.S. Bank Center, as well as the city's four other tallest buildings, dominate the eastern portion of the neighborhood.

Other noteworthy buildings include the Chase Bank building, the Faison building, and the Morgan Stanley building. Also, two large condominium developments, Kilbourn Tower and University Club tower, have been recently completed in the northern half of the neighborhood. Both buildings are over 32-stories-tall and have multimillion dollar penthouse units. The neighborhood also contains the Cathedral of St. John the Evangelist and Old St. Mary's Church, both of are landmarks of Milwaukee's early days. The East Town neighborhood association hosts Jazz in the Park, an outdoor music concert series at Cathedral Square Park.

The median home price in Milwaukee is $220,000. The city delivers Midwest hospitality with the best of urban living — from great shops and restaurants to outdoor festivals, most notably Summerfest, the world's largest music festival. So start your Milwaukee real estate search today!

Sources and more information:
http://www.december.com/places/mke/neighborhoods.html
http://en.wikipedia.org/wiki/Milwaukee,_Wisconsin
http://www.mmac.org/display/router.asp?DocID=1

Milwaukee, WI Community Information

Population

819,155

Median Age

33.7

Median Household Income

$45,974

Households with Children

48.77%

Median Travel Time to Work

23 minutes

Milwaukee, WI Real Estate Market Information

Homes Owned

48.96%

Homes Rented

46.84%

Homes Vacant

4.20%

Milwaukee, WI Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Milwaukee, WI School Information

Elementary Schools

Primary Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 819,155
  • Total Male Population 393,770
  • Total Female Population 425,385
  • Population change since 2000 46.36%
  • Median age 33.7
  • Percent of households with children 48.77%
  • Personal Crime risk 222

Transportation

  • Median travel time to work 23 minutes
  • Percent using Public transportation 8.36%
  • Percent Driving/Using Carpool 83.92
  • Percent Using Other transportation 5.13%
  • Percent Working From Home 2.59%

Education Levels

  • Some high school 17.97%
  • High school graduate 30.10%
  • Some college 20.22%
  • Associate degree 6.84%
  • Bachelor's degree 16.29%
  • Graduate degree 8.59%

Occupation

  • Agriculture, forestry, and fishing 0.25%
  • Construction 3.87%
  • Manufacturing 15.50%
  • Wholesale Trade 2.67%
  • Retail Trade 8.79%
  • Finance, insurance and real estate 7.33%
  • Services 4.72%
  • Public administration 4.08%
  • Information 2.81%
  • Professional 10.36%
  • Education 25.68%
  • Arts 8.71%

Income

  • Average household income $58,005
  • Income change since 2000 19.28%

Climate

  • Avg. January high/low temp 28.57 / 12.86
  • Avg. July high/low temp 81.96 / 61.75
  • Annual precipitation 33.76
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