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Real Estate Prices & Overview

Rolling Green / Wedgewood median real estate price is $261,612, which is more expensive than 38.9% of the neighborhoods in Wisconsin and 32.6% of the neighborhoods in the U.S.

The average rental price in Rolling Green / Wedgewood is currently $1,688, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.6% of the neighborhoods in Wisconsin.

Rolling Green / Wedgewood is an urban neighborhood (based on population density) located in Milwaukee, Wisconsin.

Rolling Green / Wedgewood 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 occupied by a mixture of owners and renters. Many of the residences in the Rolling Green / Wedgewood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Rolling Green / Wedgewood, 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 Rolling Green / Wedgewood 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 Milwaukee, the Rolling Green / Wedgewood 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 Rolling Green / Wedgewood 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

With a nice mix of college students, safety from crime, and decent walkability, the Rolling Green / Wedgewood neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.9% of the neighborhoods in WI. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Rolling Green / Wedgewood neighborhood has more Belgian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Belgian ancestry and 17.5% have Polish ancestry.

Rolling Green / Wedgewood is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.9% of the neighborhoods in America.

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 Rolling Green / Wedgewood 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 62.2% of the neighborhoods in America. With 23.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.9% 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 Rolling Green / Wedgewood neighborhood, 38.5% 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 (17.9%), and 14.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Rolling Green / Wedgewood neighborhood is English, spoken by 80.0% of households. Some people also speak Spanish (13.7%).

Ethnicity / Ancestry

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 Rolling Green / Wedgewood neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as German (32.7%). There are also a number of people of Polish ancestry (17.5%), and residents who report Mexican roots (11.2%), and some of the residents are also of Puerto Rican ancestry (7.1%), along with some French ancestry residents (6.7%), 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 Rolling Green / Wedgewood neighborhood spend between 15 and 30 minutes commuting one-way to work (51.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.4%) 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 (8.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
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Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Schools include:
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