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Real Estate Prices & Overview

Median real estate price in the Village Center of Menomonee Falls is $346,696, which is more expensive than 65.2% of the neighborhoods in Wisconsin and 47.9% of the neighborhoods in the U.S.

The average rental price in Menomonee Falls Village Center is currently $1,508, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.5% of the neighborhoods in Wisconsin.

Menomonee Falls Village Center is a suburban neighborhood (based on population density) located in Menomonee Falls, Wisconsin.

Real estate in the Village Center of Menomonee Falls, WI 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 occupied by a mixture of owners and renters. Many of the residences in the Village Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Menomonee Falls Village Center are 4.5%, which is lower than one will find in 70.1% of American neighborhoods. Demand for real estate in Menomonee Falls Village Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

People

If you're planning where to retire, the Village Center neighborhood in Menomonee Falls is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in WI, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.6% of the neighborhoods in Wisconsin. If you are considering retiring to Wisconsin, this is a good neighborhood to look at.

Diversity

Did you know that the Menomonee Falls Village Center neighborhood has more German and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 49.9% of this neighborhood's residents have German ancestry and 0.4% have Yugoslav 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 Village Center neighborhood in Menomonee Falls are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.6% of the neighborhoods in America. In addition, 0.6% 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 79.8% 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 Menomonee Falls Village Center neighborhood, 50.6% 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 20.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.5%), and 12.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Menomonee Falls Village Center neighborhood is English, spoken by 94.7% of households. Some people also speak Spanish (3.2%).

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 Village Center neighborhood in Menomonee Falls, WI, residents most commonly identify their ethnicity or ancestry as German (49.9%). There are also a number of people of Irish ancestry (11.0%), and residents who report Polish roots (10.1%), and some of the residents are also of English ancestry (5.1%), along with some French ancestry residents (5.0%), 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 Menomonee Falls Village Center neighborhood spend between 15 and 30 minutes commuting one-way to work (45.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.8%) 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 (7.3%) . 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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