What is the Best Neighborhoods USA ranking for Olde Hillcrest?
Olde Hillcrest is ranked #9 of 26 eligible neighborhoods in Wauwatosa; #15 of 394 eligible neighborhoods in WI; and #357 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Olde Hillcrest
Wauwatosa, WI | Milwaukee County
Scored premium profile
Best Neighborhoods USA Index
77.9
Stability and Strength
83.1
Value Opportunity
79.0
Momentum
68.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Wauwatosa, WI |
| County | Milwaukee County |
| National rank | #357 of 14,967 |
| State rank | #15 of 394 |
| City rank | #9 of 26 |
| County rank | #10 of 205 |
| National percentile | 97.6 |
| National band | TOP_5_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $585,080 |
| Year-over-year home value change | 1.1% |
| Month-over-month home value change | 1.06% |
| Home value to income ratio | 3.67 |
| Median household income | $159,390 |
| Bachelor's degree or higher | 81.0% |
| Civilian unemployment rate | 3.0% |
| Homeownership rate | 89.1% |
| Housing vacancy rate | 6.9% |
| Rent burden 30% or higher | 33.7% |
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 Olde Hillcrest
Is Olde Hillcrest one of the best neighborhoods in Wauwatosa?
Olde Hillcrest has a Best Neighborhoods USA Index of 77.9 and a city ranking of #9 of 26 eligible neighborhoods in Wauwatosa.
How much are homes worth in Olde Hillcrest?
The current Zillow Home Value Index for Olde Hillcrest is approximately $585,080.
Are home values rising or falling in Olde Hillcrest?
Zillow neighborhood values changed 1.1% year over year and 1.06% month over month.
What is the Neighborhood Momentum Score for Olde Hillcrest?
Olde Hillcrest has a Neighborhood Momentum Score of 68.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Olde Hillcrest?
The NDS-derived neighborhood median household income is approximately $159,390.
How affordable is Olde Hillcrest relative to household income?
The current Zillow home-value-to-household-income ratio is 3.67. Price-to-income affordability is a major Value Opportunity input.
Is Olde Hillcrest primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 89.1%.
What is the unemployment rate in Olde Hillcrest?
The NDS-derived civilian unemployment rate is approximately 3.0%.
How educated are residents of Olde Hillcrest?
Approximately 81.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Olde Hillcrest face high rent burden?
Approximately 33.7% 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 Olde Hillcrest?
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 applications45
Estimated originations31
Home-purchase applications15
Origination rate68.7%
Home-purchase share33.8%
Average application loan$299,002
Total application loan amount$13,368,803
National application rank#7,696 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.2% YoY; originations -2.6% 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.