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Real Estate Prices & Overview

Morgandale median real estate price is $194,310, which is less expensive than 79.1% of Wisconsin neighborhoods and 78.3% of all U.S. neighborhoods.

The average rental price in Morgandale is currently $1,499, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.3% of the neighborhoods in Wisconsin.

Morgandale is an urban neighborhood (based on population density) located in Milwaukee, Wisconsin.

Morgandale real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Morgandale neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Morgandale are 3.5%, which is lower than one will find in 76.6% of American neighborhoods. Demand for real estate in Morgandale 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 Milwaukee, the Morgandale neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Morgandale neighborhood stands out within Wisconsin for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.9% of college-friendly places to live in WI.

Diversity

Did you know that the Morgandale neighborhood has more Polish and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.2% of this neighborhood's residents have Polish ancestry and 0.6% have Belgian 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 Morgandale neighborhood in Milwaukee are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.8% of the neighborhoods in America. With 27.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.4% 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 Morgandale neighborhood, 34.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.2%), and 13.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Morgandale neighborhood is English, spoken by 58.3% of households. Some people also speak Spanish (38.5%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Morgandale neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as Mexican (38.9%). There are also a number of people of German ancestry (16.9%), and residents who report Polish roots (15.2%), and some of the residents are also of Italian ancestry (5.0%), along with some South American ancestry residents (4.3%), among others. In addition, 17.5% 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 Morgandale neighborhood spend under 15 minutes commuting one-way to work (41.4% of working residents), one of the shortest commutes across America.

Here most residents (84.1%) 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 (8.7%) . 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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