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Real Estate Prices & Overview

Ulao median real estate price is $573,970, which is more expensive than 95.9% of the neighborhoods in Wisconsin and 77.2% of the neighborhoods in the U.S.

The average rental price in Ulao is currently $1,550, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.3% of Wisconsin neighborhoods.

Ulao is a suburban neighborhood (based on population density) located in Grafton, Wisconsin.

Ulao real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Ulao neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

In Ulao, 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 Ulao is very tight compared to the demand for property here.

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

Real Estate

With a real estate vacancy rate of only 0.0%, the Ulao neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

Of note is NeighborhoodScout's research finding that the Ulao neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Ulao community truly stands out from the rest in this regard.

In addition, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Ulao neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 11.0% executive lifestyle neighborhoods in the state of Wisconsin.

Diversity

Did you know that the Ulao neighborhood has more Polish and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.3% of this neighborhood's residents have Polish ancestry and 40.5% have German 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 Ulao neighborhood in Grafton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.8% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Ulao neighborhood, 51.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 22.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.6%), and 6.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Ulao neighborhood is English, spoken by 99.1% of households.

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 Ulao neighborhood in Grafton, WI, residents most commonly identify their ethnicity or ancestry as German (40.5%). There are also a number of people of Polish ancestry (18.3%), and residents who report Irish roots (11.9%), and some of the residents are also of Italian ancestry (8.2%), along with some English ancestry residents (4.2%), 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 Ulao neighborhood spend between 30 and 45 minutes commuting one-way to work (38.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (71.9%) 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 (15.7%) . 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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