Neighborhood Profile

Avenues West

Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
17.0
National rank: #14,808 of 14,967
Stability and Strength
15.4
Score
Value Opportunity
16.4
Score
Momentum
20.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMilwaukee, WI
CountyMilwaukee County
National rank#14,808 of 14,967
State rank#394 of 394
City rank#154 of 154
County rank#205 of 205
National percentile1.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$245,462
Year-over-year home value change-6.6%
Month-over-month home value change0.15%
Home value to income ratio9.79
Median household income$25,076
Bachelor's degree or higher23.3%
Civilian unemployment rate8.3%
Homeownership rate2.6%
Housing vacancy rate17.8%
Rent burden 30% or higher59.9%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Avenues West

What is the Best Neighborhoods USA ranking for Avenues West?

Avenues West is ranked #154 of 154 eligible neighborhoods in Milwaukee; #394 of 394 eligible neighborhoods in WI; and #14,808 of 14,967 eligible neighborhoods in the United States.

Is Avenues West one of the best neighborhoods in Milwaukee?

Avenues West has a Best Neighborhoods USA Index of 17.0 and a city ranking of #154 of 154 eligible neighborhoods in Milwaukee.

How much are homes worth in Avenues West?

The current Zillow Home Value Index for Avenues West is approximately $245,462.

Are home values rising or falling in Avenues West?

Zillow neighborhood values changed -6.6% year over year and 0.15% month over month.

What is the Neighborhood Momentum Score for Avenues West?

Avenues West has a Neighborhood Momentum Score of 20.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Avenues West?

The NDS-derived neighborhood median household income is approximately $25,076.

How affordable is Avenues West relative to household income?

The current Zillow home-value-to-household-income ratio is 9.79. Price-to-income affordability is a major Value Opportunity input.

Is Avenues West primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 2.6%.

What is the unemployment rate in Avenues West?

The NDS-derived civilian unemployment rate is approximately 8.3%.

How educated are residents of Avenues West?

Approximately 23.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Avenues West face high rent burden?

Approximately 59.9% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Avenues West?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications40
Estimated originations16
Home-purchase applications19
Origination rate40.8%
Home-purchase share48.0%
Average application loan$300,890
Total application loan amount$11,906,529
National application rank#8,184 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 34.7% YoY; originations -1.0% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.