What is the Best Neighborhoods USA ranking for Park West?
Park West is ranked #133 of 154 eligible neighborhoods in Milwaukee; #368 of 394 eligible neighborhoods in WI; and #12,381 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Park West
Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
35.0
Stability and Strength
7.9
Value Opportunity
37.4
Momentum
75.2
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 | #12,381 of 14,967 |
| State rank | #368 of 394 |
| City rank | #133 of 154 |
| County rank | #184 of 205 |
| National percentile | 17.3 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $96,819 |
| Year-over-year home value change | 6.0% |
| Month-over-month home value change | -0.06% |
| Home value to income ratio | 3.20 |
| Median household income | $30,267 |
| Bachelor's degree or higher | 5.1% |
| Civilian unemployment rate | 12.0% |
| Homeownership rate | 24.2% |
| Housing vacancy rate | 30.5% |
| Rent burden 30% or higher | 64.4% |
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 Park West
Is Park West one of the best neighborhoods in Milwaukee?
Park West has a Best Neighborhoods USA Index of 35.0 and a city ranking of #133 of 154 eligible neighborhoods in Milwaukee.
How much are homes worth in Park West?
The current Zillow Home Value Index for Park West is approximately $96,819.
Are home values rising or falling in Park West?
Zillow neighborhood values changed 6.0% year over year and -0.06% month over month.
What is the Neighborhood Momentum Score for Park West?
Park West has a Neighborhood Momentum Score of 75.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Park West?
The NDS-derived neighborhood median household income is approximately $30,267.
How affordable is Park West relative to household income?
The current Zillow home-value-to-household-income ratio is 3.20. Price-to-income affordability is a major Value Opportunity input.
Is Park West primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 24.2%.
What is the unemployment rate in Park West?
The NDS-derived civilian unemployment rate is approximately 12.0%.
How educated are residents of Park West?
Approximately 5.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Park West face high rent burden?
Approximately 64.4% 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 Park West?
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 applications139
Estimated originations60
Home-purchase applications55
Origination rate43.3%
Home-purchase share39.3%
Average application loan$94,752
Total application loan amount$13,158,044
National application rank#3,183 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.3% YoY; originations 38.3% 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.