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Real Estate Prices & Overview

Greenbush / Vilas median real estate price is $729,989, which is more expensive than 93.4% of the neighborhoods in Wisconsin and 77.2% of the neighborhoods in the U.S.

The average rental price in Greenbush / Vilas is currently $2,001, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.3% of the neighborhoods in Wisconsin.

Greenbush / Vilas is an urban neighborhood (based on population density) located in Madison, Wisconsin.

Greenbush / Vilas real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Greenbush / Vilas 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.

Home and apartment vacancy rates are 5.9% in Greenbush / Vilas. NeighborhoodScout analysis shows that this rate is lower than 59.2% 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 Madison, the Greenbush / Vilas neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Greenbush / Vilas neighborhood is a fantastic option for bicycle commuters, as 7.9% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.4% of the neighborhoods in America.

Also, more people in Greenbush / Vilas choose to walk to work each day (18.6%) 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.

People

NeighborhoodScout's analysis shows that the Greenbush / Vilas neighborhood has a greater concentration of residents currently enrolled in college than 98.4% of the neighborhoods in the U.S. With 26.5% of the population here attending college, this is very much a college-focused neighborhood.

In addition, the Greenbush / Vilas neighborhood stands out within Wisconsin for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.2% of college-friendly places to live in WI.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Greenbush / Vilas neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.7% 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 Greenbush / Vilas neighborhood has more Lithuanian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Lithuanian ancestry and 1.8% have Swiss 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 Greenbush / Vilas neighborhood in Madison are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.8% of U.S. neighborhoods. With 13.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.2% of U.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 Greenbush / Vilas neighborhood, 53.1% 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 22.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.7%), and 9.1% in manufacturing and laborer 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 Greenbush / Vilas neighborhood is English, spoken by 90.9% of households. Other important languages spoken here include Polish and Spanish.

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 Greenbush / Vilas neighborhood in Madison, WI, residents most commonly identify their ethnicity or ancestry as German (28.0%). There are also a number of people of Irish ancestry (13.0%), and residents who report English roots (9.2%), and some of the residents are also of Asian ancestry (9.0%), along with some Polish ancestry residents (7.0%), 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 Greenbush / Vilas neighborhood spend between 15 and 30 minutes commuting one-way to work (44.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.4%) 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 (18.6%) and 7.9% of residents also bicycle 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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