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Real Estate Prices & Overview

Lincoln Village South median real estate price is $128,075, which is less expensive than 93.8% of Wisconsin neighborhoods and 91.0% of all U.S. neighborhoods.

The average rental price in Lincoln Village South is currently $1,330, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.7% of Wisconsin neighborhoods.

Lincoln Village South is a densely urban neighborhood (based on population density) located in Milwaukee, Wisconsin.

Lincoln Village South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lincoln Village South 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.

Lincoln Village South has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.3% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

NeighborhoodScout's exclusive research identifies the Lincoln Village South neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 53.9% of its working residents employed in such fields, which is a higher proportion than 99.5% of American neighborhoods.

People

Single parenting is hard. But you don't have to tell the Lincoln Village South neighborhood about it; they already know. 27.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.2% 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 Lincoln Village South neighborhood has a greater percentage of children living in poverty (60.6%) than found in 97.0% 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.

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 Lincoln Village South 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 48.9% of the real estate here is made up of such dwellings, which is higher than 98.3% of all U.S. neighborhoods.

In addition, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Lincoln Village South neighborhood is one of the most walkable neighborhoods in America.

Diversity

Did you know that the Lincoln Village South neighborhood has more Puerto Rican and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.2% of this neighborhood's residents have Puerto Rican ancestry and 57.5% have Mexican ancestry.

Lincoln Village South is also pretty special linguistically. Significantly, 73.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.9% of all U.S. neighborhoods.

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 Lincoln Village South neighborhood in Milwaukee are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.3% of U.S. neighborhoods. With 60.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.0% 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 Lincoln Village South neighborhood, 53.9% of the working population is employed in manufacturing and laborer 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 20.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.5%), and 12.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Lincoln Village South neighborhood is Spanish, spoken by 73.4% of households. Some people also speak English (23.3%).

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 Lincoln Village South neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as Mexican (57.5%). There are also a number of people of Puerto Rican ancestry (19.2%), and residents who report Polish roots (9.6%), and some of the residents are also of German ancestry (5.1%), along with some Asian ancestry residents (3.1%), among others. In addition, 37.3% 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 Lincoln Village South neighborhood spend between 15 and 30 minutes commuting one-way to work (47.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.6%) and 5.7% of residents also ride the bus 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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