What is the Best Neighborhoods USA ranking for Town of Lake?
Town of Lake is ranked #38 of 154 eligible neighborhoods in Milwaukee; #190 of 394 eligible neighborhoods in WI; and #4,683 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Town of Lake
Milwaukee, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
58.0
Stability and Strength
55.8
Value Opportunity
55.6
Momentum
65.0
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 | #4,683 of 14,967 |
| State rank | #190 of 394 |
| City rank | #38 of 154 |
| County rank | #76 of 205 |
| National percentile | 68.7 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $291,702 |
| Year-over-year home value change | 3.5% |
| Month-over-month home value change | -0.09% |
| Home value to income ratio | 4.45 |
| Median household income | $65,523 |
| Bachelor's degree or higher | 35.9% |
| Civilian unemployment rate | 3.9% |
| Homeownership rate | 74.3% |
| Housing vacancy rate | 2.9% |
| Rent burden 30% or higher | 41.2% |
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 Town of Lake
Is Town of Lake one of the best neighborhoods in Milwaukee?
Town of Lake has a Best Neighborhoods USA Index of 58.0 and a city ranking of #38 of 154 eligible neighborhoods in Milwaukee.
How much are homes worth in Town of Lake?
The current Zillow Home Value Index for Town of Lake is approximately $291,702.
Are home values rising or falling in Town of Lake?
Zillow neighborhood values changed 3.5% year over year and -0.09% month over month.
What is the Neighborhood Momentum Score for Town of Lake?
Town of Lake has a Neighborhood Momentum Score of 65.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Town of Lake?
The NDS-derived neighborhood median household income is approximately $65,523.
How affordable is Town of Lake relative to household income?
The current Zillow home-value-to-household-income ratio is 4.45. Price-to-income affordability is a major Value Opportunity input.
Is Town of Lake primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 74.3%.
What is the unemployment rate in Town of Lake?
The NDS-derived civilian unemployment rate is approximately 3.9%.
How educated are residents of Town of Lake?
Approximately 35.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Town of Lake face high rent burden?
Approximately 41.2% 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 Town of Lake?
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 applications170
Estimated originations115
Home-purchase applications76
Origination rate68.0%
Home-purchase share44.5%
Average application loan$153,553
Total application loan amount$26,059,981
National application rank#2,566 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.3% YoY; originations -1.2% 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.