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Real Estate Prices & Overview

New Berlin Northeast median real estate price is $404,631, which is more expensive than 79.3% of the neighborhoods in Wisconsin and 58.3% of the neighborhoods in the U.S.

The average rental price in New Berlin Northeast is currently $2,125, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.7% of the neighborhoods in Wisconsin.

New Berlin Northeast is a suburban neighborhood (based on population density) located in New Berlin, Wisconsin.

New Berlin Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New Berlin Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In New Berlin Northeast, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in New Berlin Northeast is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the New Berlin Northeast neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

People

If you are planning to retire in Wisconsin, this neighborhood should be on your must-see list. For many reasons, New Berlin Northeast may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Wisconsin, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.1% of neighborhoods in WI. If a Wisconsin retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the New Berlin Northeast neighborhood has more German and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 47.2% of this neighborhood's residents have German ancestry and 1.9% 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 New Berlin Northeast neighborhood in New Berlin are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.4% of the neighborhoods in America. In addition, 0.3% 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 80.3% of America'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 New Berlin Northeast neighborhood, 47.8% 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 22.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.2%), and 12.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the New Berlin Northeast neighborhood is English, spoken by 91.2% of households. Some people also speak Spanish (2.2%).

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 New Berlin Northeast neighborhood in New Berlin, WI, residents most commonly identify their ethnicity or ancestry as German (47.2%). There are also a number of people of Polish ancestry (12.9%), and residents who report Irish roots (9.3%), and some of the residents are also of Asian ancestry (8.3%), along with some Italian ancestry residents (7.6%), among others. In addition, 10.3% of the residents of this neighborhood were born in another country.

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 New Berlin Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (44.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (87.6%) drive alone in a private automobile to get to work. 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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