Yankee Hill median real estate price is $524,761, which is more expensive than 88.5% of the neighborhoods in Wisconsin and 67.3% of the neighborhoods in the U.S.
The average rental price in Yankee Hill is currently $1,580, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.1% of the neighborhoods in Wisconsin.
Yankee Hill is a densely urban neighborhood (based on population density) located in Milwaukee, Wisconsin.
Yankee Hill 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Yankee Hill neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Yankee Hill has a 13.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Yankee Hill 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 Yankee Hill 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 Yankee Hill community truly stands out from the rest in this regard.
In addition, one of the most interesting things about the Yankee Hill neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 73.4% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.8% of the neighborhoods in America.
Also, an extraordinary 14.1% of the residents of the Yankee Hill neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Finally, the Yankee Hill 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 6.4% of college-friendly places to live in WI. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.
Real Estate
The real estate in the Yankee Hill neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 96.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.3% of American neighborhoods.
In addition, the Yankee Hill 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 94.6% 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.
Furthermore, if you like crowded places, then you will probably enjoy the the Yankee Hill neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 26,282 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Yankee Hill neighborhood is one of the most walkable neighborhoods in America.
Modes of Transportation
More people in Yankee Hill choose to walk to work each day (20.9%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Diversity
Did you know that the Yankee Hill neighborhood has more Arab and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.6% of this neighborhood's residents have Arab ancestry and 7.7% have Norwegian ancestry.
Yankee Hill is also pretty special linguistically. Significantly, 7.7% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America.
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 Yankee Hill 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 40.8% 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 Yankee Hill neighborhood, 67.1% 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 18.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (7.9%), and 6.4% in clerical, assistant, and tech support occupations.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Yankee Hill neighborhood is English, spoken by 82.1% of households. Other important languages spoken here include Arabic, Langs. of India and Spanish.
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 Yankee Hill neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as German (30.4%). There are also a number of people of Irish ancestry (11.7%), and residents who report Polish roots (10.2%), and some of the residents are also of Arab ancestry (8.6%), along with some Asian ancestry residents (7.8%), among others. In addition, 16.5% 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 Yankee Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (50.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (61.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
