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Real Estate Prices & Overview

Downtown median real estate price is $292,150, which is more expensive than 46.5% of the neighborhoods in Wisconsin and 38.0% of the neighborhoods in the U.S.

The average rental price in Downtown is currently $1,108, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.2% of Wisconsin neighborhoods.

Downtown is a suburban neighborhood (based on population density) located in Appleton, Wisconsin.

Downtown real estate 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 occupied by a mixture of owners and renters. Many of the residences in the Downtown 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.

Home and apartment vacancy rates are 9.0% in Downtown. NeighborhoodScout analysis shows that this rate is lower than 43.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Appleton, the Downtown neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of particular note, 10.3% of the people in the Downtown neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, an extraordinary 11.4% of the residents of the Downtown neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Downtown neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.6% of the neighborhoods in WI. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Modes of Transportation

More people in Downtown choose to walk to work each day (19.1%) 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

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 Downtown 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 35.4% of the real estate here is made up of such dwellings, which is higher than 96.1% of all U.S. neighborhoods.

In addition, 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 Downtown neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 74.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.1% of the neighborhoods in the United States.

Diversity

Did you know that the Downtown neighborhood has more Dutch and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Dutch ancestry and 42.2% have German ancestry.

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 Downtown neighborhood. In the Downtown neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Downtown neighborhood in Appleton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.7% of U.S. neighborhoods. In addition, 8.3% 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 55.0% 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 Downtown neighborhood, 41.3% 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 25.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.8%), and 9.4% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Downtown neighborhood is English, spoken by 92.9% of households. Other important languages spoken here include Italian and Spanish.

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 Downtown neighborhood in Appleton, WI, residents most commonly identify their ethnicity or ancestry as German (42.2%). There are also a number of people of Irish ancestry (8.6%), and residents who report Polish roots (8.4%), and some of the residents are also of Dutch ancestry (6.9%), along with some English ancestry residents (5.6%), 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 Downtown neighborhood spend under 15 minutes commuting one-way to work (56.4% of working residents), one of the shortest commutes across America.

Here most residents (48.5%) 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 (19.1%) and 12.8% 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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