What is the Best Neighborhoods USA ranking for Morgandale?
Morgandale is ranked #46 of 154 eligible neighborhoods in Milwaukee; #223 of 394 eligible neighborhoods in WI; and #5,940 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Morgandale
Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
54.5
Stability and Strength
49.1
Value Opportunity
55.7
Momentum
61.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Milwaukee, WI |
| County | Milwaukee County |
| National rank | #5,940 of 14,967 |
| State rank | #223 of 394 |
| City rank | #46 of 154 |
| County rank | #87 of 205 |
| National percentile | 60.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $261,702 |
| Year-over-year home value change | 2.7% |
| Month-over-month home value change | -0.05% |
| Home value to income ratio | 3.79 |
| Median household income | $69,002 |
| Bachelor's degree or higher | 17.6% |
| Civilian unemployment rate | 3.2% |
| Homeownership rate | 66.0% |
| Housing vacancy rate | 6.5% |
| Rent burden 30% or higher | 38.1% |
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 Morgandale
Is Morgandale one of the best neighborhoods in Milwaukee?
Morgandale has a Best Neighborhoods USA Index of 54.5 and a city ranking of #46 of 154 eligible neighborhoods in Milwaukee.
How much are homes worth in Morgandale?
The current Zillow Home Value Index for Morgandale is approximately $261,702.
Are home values rising or falling in Morgandale?
Zillow neighborhood values changed 2.7% year over year and -0.05% month over month.
What is the Neighborhood Momentum Score for Morgandale?
Morgandale has a Neighborhood Momentum Score of 61.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Morgandale?
The NDS-derived neighborhood median household income is approximately $69,002.
How affordable is Morgandale relative to household income?
The current Zillow home-value-to-household-income ratio is 3.79. Price-to-income affordability is a major Value Opportunity input.
Is Morgandale primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.0%.
What is the unemployment rate in Morgandale?
The NDS-derived civilian unemployment rate is approximately 3.2%.
How educated are residents of Morgandale?
Approximately 17.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Morgandale face high rent burden?
Approximately 38.1% 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 Morgandale?
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
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 applications286
Estimated originations175
Home-purchase applications118
Origination rate61.3%
Home-purchase share41.3%
Average application loan$146,679
Total application loan amount$41,940,162
National application rank#1,276 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 18.0% YoY; originations 8.7% 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.