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Real Estate Prices & Overview

Walnut Hill median real estate price is $192,319, which is more expensive than 23.0% of the neighborhoods in Wisconsin and 20.8% of the neighborhoods in the U.S.

The average rental price in Walnut Hill is currently $1,523, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.5% of Wisconsin neighborhoods.

Walnut Hill is an urban neighborhood (based on population density) located in Milwaukee, Wisconsin.

Walnut Hill 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 occupied by a mixture of owners and renters. Many of the residences in the Walnut Hill 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 2000 and the present.

Vacant apartments or homes are a major fact of life in Walnut Hill. The current real estate vacancy rate here is 26.1%. This is higher than the rate of vacancies in 93.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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 Milwaukee, the Walnut Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the Walnut Hill neighborhood about it; they already know. 25.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.9% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, the Walnut Hill neighborhood has a greater percentage of children living in poverty (55.0%) than found in 95.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Modes of Transportation

A unique way of commuting is simply not to. And in the Walnut Hill neighborhood, analysis shows that 38.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.8% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Also, more people ride the bus in this neighborhood each day to get to work than 97.5% of U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Walnut Hill neighborhood has a highly unusual pattern of car ownership. 32.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.4% of U.S. neighborhoods.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Walnut Hill neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 38.6% of the real estate here is made up of such dwellings, which is higher than 96.9% of all U.S. neighborhoods.

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 54.3% of the residential real estate in the Walnut Hill neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Walnut Hill neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.7% of this neighborhood's residents have Asian ancestry.

Walnut Hill is also pretty special linguistically. Significantly, 3.9% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.0% 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 Walnut Hill neighborhood in Milwaukee are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.5% of U.S. neighborhoods. With 55.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.8% 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 Walnut Hill neighborhood, 31.5% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.9%), and 19.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Walnut Hill neighborhood is English, spoken by 73.6% of households. Some people also speak African languages (3.9%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Walnut Hill neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as Asian (33.7%). There are also a number of people of Irish ancestry (8.0%), and residents who report German roots (3.4%), and some of the residents are also of French ancestry (2.6%), along with some Italian ancestry residents (2.3%), among others. In addition, 19.3% of the residents of this neighborhood were born in another country.

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 Walnut Hill neighborhood spend between 30 and 45 minutes commuting one-way to work (68.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (30.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (14.9%) and 13.1% 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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