Neighborhood Profile

Washington Highlands

Wauwatosa, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
59.7
National rank: #4,122 of 14,967
Stability and Strength
70.2
Score
Value Opportunity
42.2
Score
Momentum
67.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWauwatosa, WI
CountyMilwaukee County
National rank#4,122 of 14,967
State rank#168 of 394
City rank#26 of 26
County rank#68 of 205
National percentile72.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$737,675
Year-over-year home value change1.6%
Month-over-month home value change0.49%
Home value to income ratio11.40
Median household income$64,727
Bachelor's degree or higher87.3%
Civilian unemployment rate3.2%
Homeownership rate90.9%
Housing vacancy rate7.2%
Rent burden 30% or higher19.3%

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 Washington Highlands

What is the Best Neighborhoods USA ranking for Washington Highlands?

Washington Highlands is ranked #26 of 26 eligible neighborhoods in Wauwatosa; #168 of 394 eligible neighborhoods in WI; and #4,122 of 14,967 eligible neighborhoods in the United States.

Is Washington Highlands one of the best neighborhoods in Wauwatosa?

Washington Highlands has a Best Neighborhoods USA Index of 59.7 and a city ranking of #26 of 26 eligible neighborhoods in Wauwatosa.

How much are homes worth in Washington Highlands?

The current Zillow Home Value Index for Washington Highlands is approximately $737,675.

Are home values rising or falling in Washington Highlands?

Zillow neighborhood values changed 1.6% year over year and 0.49% month over month.

What is the Neighborhood Momentum Score for Washington Highlands?

Washington Highlands has a Neighborhood Momentum Score of 67.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Washington Highlands?

The NDS-derived neighborhood median household income is approximately $64,727.

How affordable is Washington Highlands relative to household income?

The current Zillow home-value-to-household-income ratio is 11.40. Price-to-income affordability is a major Value Opportunity input.

Is Washington Highlands primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 90.9%.

What is the unemployment rate in Washington Highlands?

The NDS-derived civilian unemployment rate is approximately 3.2%.

How educated are residents of Washington Highlands?

Approximately 87.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Washington Highlands face high rent burden?

Approximately 19.3% 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 Washington Highlands?

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 applications52
Estimated originations36
Home-purchase applications18
Origination rate68.6%
Home-purchase share33.9%
Average application loan$296,708
Total application loan amount$15,424,753
National application rank#7,077 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.4% YoY; originations -2.5% 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.