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Real Estate Prices & Overview

New Berlin Southeast median real estate price is $430,315, which is more expensive than 83.7% of the neighborhoods in Wisconsin and 63.0% of the neighborhoods in the U.S.

The average rental price in New Berlin Southeast is currently $2,259, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.6% of the neighborhoods in Wisconsin.

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

New Berlin Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 New Berlin Southeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In New Berlin Southeast, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.9% of all neighborhoods in the U.S. This means that the housing supply in New Berlin Southeast 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 New Berlin, the New Berlin Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the New Berlin Southeast 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 New Berlin Southeast community truly stands out from the rest in this regard.

In addition, if you're nearing retirement age, or in retirement, the New Berlin Southeast is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.3% of retiree-friendly neighborhoods in Wisconsin, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Wisconsin. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives, families with school-aged children and college students.

Diversity

Did you know that the New Berlin Southeast neighborhood has more Hungarian and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Hungarian ancestry and 43.0% have German ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the New Berlin Southeast 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 80.5% 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.

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 Southeast neighborhood, 52.6% 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 20.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.0%), and 7.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the New Berlin Southeast neighborhood is English, spoken by 89.0% 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 New Berlin Southeast neighborhood in New Berlin, WI, residents most commonly identify their ethnicity or ancestry as German (43.0%). There are also a number of people of Irish ancestry (11.1%), and residents who report Polish roots (10.9%), and some of the residents are also of Italian ancestry (8.1%), along with some English ancestry residents (7.8%), 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 New Berlin Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (49.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.6%) 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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