Neighborhood Profile

Forest Home Hills

Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
48.0
National rank: #8,351 of 14,967
Stability and Strength
27.1
Score
Value Opportunity
46.9
Score
Momentum
82.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMilwaukee, WI
CountyMilwaukee County
National rank#8,351 of 14,967
State rank#283 of 394
City rank#76 of 154
County rank#122 of 205
National percentile44.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$183,427
Year-over-year home value change4.1%
Month-over-month home value change0.56%
Home value to income ratio3.47
Median household income$52,899
Bachelor's degree or higher8.5%
Civilian unemployment rate6.0%
Homeownership rate35.8%
Housing vacancy rate9.4%
Rent burden 30% or higher47.3%

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 Forest Home Hills

What is the Best Neighborhoods USA ranking for Forest Home Hills?

Forest Home Hills is ranked #76 of 154 eligible neighborhoods in Milwaukee; #283 of 394 eligible neighborhoods in WI; and #8,351 of 14,967 eligible neighborhoods in the United States.

Is Forest Home Hills one of the best neighborhoods in Milwaukee?

Forest Home Hills has a Best Neighborhoods USA Index of 48.0 and a city ranking of #76 of 154 eligible neighborhoods in Milwaukee.

How much are homes worth in Forest Home Hills?

The current Zillow Home Value Index for Forest Home Hills is approximately $183,427.

Are home values rising or falling in Forest Home Hills?

Zillow neighborhood values changed 4.1% year over year and 0.56% month over month.

What is the Neighborhood Momentum Score for Forest Home Hills?

Forest Home Hills has a Neighborhood Momentum Score of 82.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Forest Home Hills?

The NDS-derived neighborhood median household income is approximately $52,899.

How affordable is Forest Home Hills relative to household income?

The current Zillow home-value-to-household-income ratio is 3.47. Price-to-income affordability is a major Value Opportunity input.

Is Forest Home Hills primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 35.8%.

What is the unemployment rate in Forest Home Hills?

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

How educated are residents of Forest Home Hills?

Approximately 8.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Forest Home Hills face high rent burden?

Approximately 47.3% 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 Forest Home Hills?

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 applications78
Estimated originations38
Home-purchase applications35
Origination rate49.2%
Home-purchase share45.3%
Average application loan$130,558
Total application loan amount$10,175,844
National application rank#5,339 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.5% YoY; originations -2.2% 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.