Neighborhood Profile

Downer Woods

Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
47.5
National rank: #8,543 of 14,967
Stability and Strength
44.4
Score
Value Opportunity
35.6
Score
Momentum
69.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMilwaukee, WI
CountyMilwaukee County
National rank#8,543 of 14,967
State rank#289 of 394
City rank#80 of 154
County rank#126 of 205
National percentile42.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$664,513
Year-over-year home value change3.3%
Month-over-month home value change0.09%
Home value to income ratio10.26
Median household income$64,775
Bachelor's degree or higher77.0%
Civilian unemployment rate6.0%
Homeownership rate50.1%
Housing vacancy rate12.9%
Rent burden 30% or higher71.4%

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 Downer Woods

What is the Best Neighborhoods USA ranking for Downer Woods?

Downer Woods is ranked #80 of 154 eligible neighborhoods in Milwaukee; #289 of 394 eligible neighborhoods in WI; and #8,543 of 14,967 eligible neighborhoods in the United States.

Is Downer Woods one of the best neighborhoods in Milwaukee?

Downer Woods has a Best Neighborhoods USA Index of 47.5 and a city ranking of #80 of 154 eligible neighborhoods in Milwaukee.

How much are homes worth in Downer Woods?

The current Zillow Home Value Index for Downer Woods is approximately $664,513.

Are home values rising or falling in Downer Woods?

Zillow neighborhood values changed 3.3% year over year and 0.09% month over month.

What is the Neighborhood Momentum Score for Downer Woods?

Downer Woods has a Neighborhood Momentum Score of 69.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Downer Woods?

The NDS-derived neighborhood median household income is approximately $64,775.

How affordable is Downer Woods relative to household income?

The current Zillow home-value-to-household-income ratio is 10.26. Price-to-income affordability is a major Value Opportunity input.

Is Downer Woods primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 50.1%.

What is the unemployment rate in Downer Woods?

The NDS-derived civilian unemployment rate is approximately 6.0%.

How educated are residents of Downer Woods?

Approximately 77.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Downer Woods face high rent burden?

Approximately 71.4% 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 Downer Woods?

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 applications59
Estimated originations42
Home-purchase applications33
Origination rate71.0%
Home-purchase share56.8%
Average application loan$375,984
Total application loan amount$22,089,785
National application rank#6,586 of 14,874 rankable neighborhoods
Geometry coverage99.6%
Recent trend: Applications 12.9% YoY; originations -1.2% 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.