Neighborhood Profile

Concordia

Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
25.6
National rank: #14,128 of 14,967
Stability and Strength
13.4
Score
Value Opportunity
17.1
Score
Momentum
56.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMilwaukee, WI
CountyMilwaukee County
National rank#14,128 of 14,967
State rank#388 of 394
City rank#150 of 154
County rank#201 of 205
National percentile5.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$266,895
Year-over-year home value change3.6%
Month-over-month home value change-0.62%
Home value to income ratio7.73
Median household income$34,514
Bachelor's degree or higher23.0%
Civilian unemployment rate20.3%
Homeownership rate16.6%
Housing vacancy rate26.6%
Rent burden 30% or higher54.3%

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 Concordia

What is the Best Neighborhoods USA ranking for Concordia?

Concordia is ranked #150 of 154 eligible neighborhoods in Milwaukee; #388 of 394 eligible neighborhoods in WI; and #14,128 of 14,967 eligible neighborhoods in the United States.

Is Concordia one of the best neighborhoods in Milwaukee?

Concordia has a Best Neighborhoods USA Index of 25.6 and a city ranking of #150 of 154 eligible neighborhoods in Milwaukee.

How much are homes worth in Concordia?

The current Zillow Home Value Index for Concordia is approximately $266,895.

Are home values rising or falling in Concordia?

Zillow neighborhood values changed 3.6% year over year and -0.62% month over month.

What is the Neighborhood Momentum Score for Concordia?

Concordia has a Neighborhood Momentum Score of 56.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Concordia?

The NDS-derived neighborhood median household income is approximately $34,514.

How affordable is Concordia relative to household income?

The current Zillow home-value-to-household-income ratio is 7.73. Price-to-income affordability is a major Value Opportunity input.

Is Concordia primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 16.6%.

What is the unemployment rate in Concordia?

The NDS-derived civilian unemployment rate is approximately 20.3%.

How educated are residents of Concordia?

Approximately 23.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Concordia face high rent burden?

Approximately 54.3% 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 Concordia?

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 applications26
Estimated originations13
Home-purchase applications14
Origination rate51.4%
Home-purchase share54.0%
Average application loan$698,249
Total application loan amount$18,110,728
National application rank#9,800 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.1% YoY; originations -8.3% 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.