Neighborhood Profile

Southgate

Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
47.5
National rank: #8,550 of 14,967
Stability and Strength
37.5
Score
Value Opportunity
38.4
Score
Momentum
76.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMilwaukee, WI
CountyMilwaukee County
National rank#8,550 of 14,967
State rank#290 of 394
City rank#81 of 154
County rank#127 of 205
National percentile42.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$254,145
Year-over-year home value change4.4%
Month-over-month home value change0.15%
Home value to income ratio5.96
Median household income$42,673
Bachelor's degree or higher10.9%
Civilian unemployment rate2.1%
Homeownership rate45.6%
Housing vacancy rate5.4%
Rent burden 30% or higher48.4%

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 Southgate

What is the Best Neighborhoods USA ranking for Southgate?

Southgate is ranked #81 of 154 eligible neighborhoods in Milwaukee; #290 of 394 eligible neighborhoods in WI; and #8,550 of 14,967 eligible neighborhoods in the United States.

Is Southgate one of the best neighborhoods in Milwaukee?

Southgate has a Best Neighborhoods USA Index of 47.5 and a city ranking of #81 of 154 eligible neighborhoods in Milwaukee.

How much are homes worth in Southgate?

The current Zillow Home Value Index for Southgate is approximately $254,145.

Are home values rising or falling in Southgate?

Zillow neighborhood values changed 4.4% year over year and 0.15% month over month.

What is the Neighborhood Momentum Score for Southgate?

Southgate has a Neighborhood Momentum Score of 76.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Southgate?

The NDS-derived neighborhood median household income is approximately $42,673.

How affordable is Southgate relative to household income?

The current Zillow home-value-to-household-income ratio is 5.96. Price-to-income affordability is a major Value Opportunity input.

Is Southgate primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.6%.

What is the unemployment rate in Southgate?

The NDS-derived civilian unemployment rate is approximately 2.1%.

How educated are residents of Southgate?

Approximately 10.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Southgate face high rent burden?

Approximately 48.4% 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 Southgate?

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 applications74
Estimated originations35
Home-purchase applications23
Origination rate47.5%
Home-purchase share31.6%
Average application loan$137,328
Total application loan amount$10,178,341
National application rank#5,551 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 24.8% YoY; originations -3.2% 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.