Neighborhood Profile

Northridge

Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
24.9
National rank: #14,208 of 14,967
Stability and Strength
24.4
Score
Value Opportunity
27.2
Score
Momentum
22.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMilwaukee, WI
CountyMilwaukee County
National rank#14,208 of 14,967
State rank#390 of 394
City rank#151 of 154
County rank#202 of 205
National percentile5.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$260,029
Year-over-year home value change-2.0%
Month-over-month home value change-0.27%
Home value to income ratio8.21
Median household income$31,663
Bachelor's degree or higher12.4%
Civilian unemployment rate0.2%
Homeownership rate15.2%
Housing vacancy rate22.1%
Rent burden 30% or higher81.6%

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 Northridge

What is the Best Neighborhoods USA ranking for Northridge?

Northridge is ranked #151 of 154 eligible neighborhoods in Milwaukee; #390 of 394 eligible neighborhoods in WI; and #14,208 of 14,967 eligible neighborhoods in the United States.

Is Northridge one of the best neighborhoods in Milwaukee?

Northridge has a Best Neighborhoods USA Index of 24.9 and a city ranking of #151 of 154 eligible neighborhoods in Milwaukee.

How much are homes worth in Northridge?

The current Zillow Home Value Index for Northridge is approximately $260,029.

Are home values rising or falling in Northridge?

Zillow neighborhood values changed -2.0% year over year and -0.27% month over month.

What is the Neighborhood Momentum Score for Northridge?

Northridge has a Neighborhood Momentum Score of 22.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northridge?

The NDS-derived neighborhood median household income is approximately $31,663.

How affordable is Northridge relative to household income?

The current Zillow home-value-to-household-income ratio is 8.21. Price-to-income affordability is a major Value Opportunity input.

Is Northridge primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 15.2%.

What is the unemployment rate in Northridge?

The NDS-derived civilian unemployment rate is approximately 0.2%.

How educated are residents of Northridge?

Approximately 12.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northridge face high rent burden?

Approximately 81.6% 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 Northridge?

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 applications50
Estimated originations27
Home-purchase applications22
Origination rate54.7%
Home-purchase share44.4%
Average application loan$121,068
Total application loan amount$6,070,398
National application rank#7,213 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 36.0% YoY; originations 82.9% 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.