E Lafayette Hill Rd / Park Rd median real estate price is $394,353, which is more expensive than 87.2% of the neighborhoods in Wisconsin and 63.1% of the neighborhoods in the U.S.
The average rental price in E Lafayette Hill Rd / Park Rd is currently $2,447, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.4% of the neighborhoods in Wisconsin.
E Lafayette Hill Rd / Park Rd is a densely urban neighborhood (based on population density) located in Milwaukee, Wisconsin.
E Lafayette Hill Rd / Park Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the E Lafayette Hill Rd / Park Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 8.5% in E Lafayette Hill Rd / Park Rd. NeighborhoodScout analysis shows that this rate is lower than 47.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 E Lafayette Hill Rd / Park Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the E Lafayette Hill Rd / Park Rd neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, the rate of college educated adults in the E Lafayette Hill Rd / Park Rd neighborhood is a unique characteristic of the neighborhood. 83.3% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.7% of all U.S. neighborhoods.
Also, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 56.4%. This is a higher percent living alone than we found in 98.1% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
One of the really unique and interesting things about the look and setting of the E Lafayette Hill Rd / Park Rd neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.6% of all neighborhoods in America.
In addition, the E Lafayette Hill Rd / Park Rd neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 95.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
The E Lafayette Hill Rd / Park Rd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.4% of the neighborhoods in America. In fact, 76.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Did you know that the E Lafayette Hill Rd / Park Rd neighborhood has more Belgian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Belgian ancestry and 1.5% have Canadian ancestry.
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 E Lafayette Hill Rd / Park Rd neighborhood in Milwaukee are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.5% 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the E Lafayette Hill Rd / Park Rd neighborhood, 76.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 12.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (7.7%), and 3.3% in manufacturing and laborer occupations.
The most common language spoken in the E Lafayette Hill Rd / Park Rd neighborhood is English, spoken by 90.4% of households. Some people also speak Chinese (2.3%).
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 E Lafayette Hill Rd / Park Rd neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as German (31.4%). There are also a number of people of Irish ancestry (10.9%), and residents who report Polish roots (9.8%), and some of the residents are also of English ancestry (9.6%), along with some Asian ancestry residents (8.5%), among others. In addition, 14.2% of the residents of this neighborhood were born in another country.
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 E Lafayette Hill Rd / Park Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (51.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (67.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (6.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.