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Real Estate Prices & Overview

Lincoln Village West median real estate price is $181,607, which is less expensive than 85.3% of Wisconsin neighborhoods and 83.0% of all U.S. neighborhoods.

The average rental price in Lincoln Village West is currently $1,279, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.8% of Wisconsin neighborhoods.

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

Lincoln Village West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Lincoln Village West 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 West has a 12.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.7% 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

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

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Lincoln Village West neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 65.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.5% of America's neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the Lincoln Village West neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,382 people per square mile living here. 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 West neighborhood is one of the most walkable neighborhoods in America.

Furthermore, 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 Lincoln Village West neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 63.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.3% of the neighborhoods in the United States.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Lincoln Village West neighborhood has more single mother households than 98.9% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, the Lincoln Village West neighborhood stands out for having an average per capita income lower than 97.6% of the neighborhoods in the United States. The Lincoln Village West neighborhood also has a greater percentage of children living in poverty (65.9%) than found in 97.9% 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.

Also, neighborhoodScout's exclusive research revealed that 94.1% of the adult residents in the Lincoln Village West neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.3% of the neighborhoods in America.

Diversity

Did you know that the Lincoln Village West neighborhood has more Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.2% of this neighborhood's residents have Puerto Rican ancestry.

Lincoln Village West is also pretty special linguistically. Significantly, 67.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.1% of all U.S. neighborhoods.

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 Lincoln Village West 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 97.6% of U.S. neighborhoods. With 65.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% 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 Lincoln Village West neighborhood, 38.7% 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 32.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.3%), and 10.6% in executive, management, and professional 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 Lincoln Village West neighborhood is Spanish, spoken by 67.6% of households. Other important languages spoken here include English and Polish.

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 West neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as Mexican (43.8%). There are also a number of people of Puerto Rican ancestry (28.2%), and residents who report Asian roots (10.4%), and some of the residents are also of Irish ancestry (3.5%), along with some German ancestry residents (3.4%), among others. In addition, 25.3% 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 West neighborhood spend between 15 and 30 minutes commuting one-way to work (42.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.0%) 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 (17.7%) and 7.0% 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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