Neighborhood Profile

King Park

Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
26.3
National rank: #14,037 of 14,967
Stability and Strength
8.9
Score
Value Opportunity
13.8
Score
Momentum
71.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMilwaukee, WI
CountyMilwaukee County
National rank#14,037 of 14,967
State rank#387 of 394
City rank#149 of 154
County rank#200 of 205
National percentile6.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$204,065
Year-over-year home value change6.5%
Month-over-month home value change-0.23%
Home value to income ratio8.44
Median household income$24,180
Bachelor's degree or higher12.2%
Civilian unemployment rate12.7%
Homeownership rate14.4%
Housing vacancy rate17.7%
Rent burden 30% or higher62.9%

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 King Park

What is the Best Neighborhoods USA ranking for King Park?

King Park is ranked #149 of 154 eligible neighborhoods in Milwaukee; #387 of 394 eligible neighborhoods in WI; and #14,037 of 14,967 eligible neighborhoods in the United States.

Is King Park one of the best neighborhoods in Milwaukee?

King Park has a Best Neighborhoods USA Index of 26.3 and a city ranking of #149 of 154 eligible neighborhoods in Milwaukee.

How much are homes worth in King Park?

The current Zillow Home Value Index for King Park is approximately $204,065.

Are home values rising or falling in King Park?

Zillow neighborhood values changed 6.5% year over year and -0.23% month over month.

What is the Neighborhood Momentum Score for King Park?

King Park has a Neighborhood Momentum Score of 71.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in King Park?

The NDS-derived neighborhood median household income is approximately $24,180.

How affordable is King Park relative to household income?

The current Zillow home-value-to-household-income ratio is 8.44. Price-to-income affordability is a major Value Opportunity input.

Is King Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 14.4%.

What is the unemployment rate in King Park?

The NDS-derived civilian unemployment rate is approximately 12.7%.

How educated are residents of King Park?

Approximately 12.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in King Park face high rent burden?

Approximately 62.9% 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 King Park?

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 applications30
Estimated originations11
Home-purchase applications13
Origination rate34.9%
Home-purchase share41.9%
Average application loan$126,690
Total application loan amount$3,852,907
National application rank#9,176 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -6.6% YoY; originations -29.7% 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.