Burnham Park median real estate price is $185,254, which is less expensive than 84.9% of Wisconsin neighborhoods and 81.7% of all U.S. neighborhoods.
The average rental price in Burnham Park is currently $1,352, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.1% of Wisconsin neighborhoods.
Burnham Park is an urban neighborhood (based on population density) located in Milwaukee, Wisconsin.
Burnham Park 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 occupied by a mixture of owners and renters. Many of the residences in the Burnham Park 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.
In Burnham Park, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.6% of all neighborhoods in the U.S. This means that the housing supply in Burnham Park is very tight compared to the demand for property here.
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 Burnham Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
More people work in manufacturing and as laborers here in the Burnham Park neighborhood than in 98.4% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
NeighborhoodScout's exclusive research revealed that 95.7% of the adult residents in the Burnham Park neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.7% of the neighborhoods in America.
In addition, the Burnham Park 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 7.1% of college-friendly places to live in WI.
Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Burnham Park neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 37.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.5% of America's neighborhoods.
In addition, 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 Burnham Park neighborhood is one of the most walkable neighborhoods in America.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 61.1% of the residential real estate in the Burnham Park neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Burnham Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 69.9% of this neighborhood's residents have Mexican ancestry.
Burnham Park is also pretty special linguistically. Significantly, 73.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.8% of all U.S. neighborhoods.
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 Burnham Park neighborhood in Milwaukee are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.3% of U.S. neighborhoods. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.1% of U.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 Burnham Park neighborhood, 47.9% of the working population is employed in manufacturing and laborer 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 35.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.8%), and 7.4% in executive, management, and professional occupations.
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 Burnham Park neighborhood is Spanish, spoken by 73.1% of households. Other important languages spoken here include English and Polish.
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 Burnham Park neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as Mexican (69.9%). There are also a number of people of German ancestry (8.0%), and residents who report Puerto Rican roots (7.3%), and some of the residents are also of Polish ancestry (5.7%), along with some Asian ancestry residents (4.1%), among others. In addition, 32.7% of the residents of this neighborhood were born in another country.
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 Burnham Park neighborhood spend between 15 and 30 minutes commuting one-way to work (54.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.0%) 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 (20.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.