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Real Estate Prices & Overview

Burnham Park North median real estate price is $182,779, which is less expensive than 85.5% of Wisconsin neighborhoods and 82.2% of all U.S. neighborhoods.

The average rental price in Burnham Park North is currently $1,268, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.0% of Wisconsin neighborhoods.

Burnham Park North is a densely urban neighborhood (based on population density) located in Milwaukee, Wisconsin.

Burnham Park North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Burnham Park North neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Burnham Park North has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Burnham Park North neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 51.8% of the real estate here is made up of such dwellings, which is higher than 98.6% of all U.S. neighborhoods.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Burnham Park North neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 71.8% of the residential real estate in the Burnham Park North neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

NeighborhoodScout's exclusive research identifies the Burnham Park North neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 44.3% of its working residents employed in such fields, which is a higher proportion than 96.7% of American neighborhoods.

Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Burnham Park North neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.7% of all American neighborhoods.

Diversity

Did you know that the Burnham Park North neighborhood has more Puerto Rican and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.7% of this neighborhood's residents have Puerto Rican ancestry and 61.2% have Mexican ancestry.

Burnham Park North is also pretty special linguistically. Significantly, 66.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Burnham Park North neighborhood in Milwaukee are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.1% of U.S. neighborhoods. With 23.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.3% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Burnham Park North neighborhood, 44.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 40.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (11.5%), and 4.0% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Burnham Park North neighborhood is Spanish, spoken by 66.1% of households. Other important languages spoken here include English, Polish and French.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Burnham Park North neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as Mexican (61.2%). There are also a number of people of Puerto Rican ancestry (16.7%), and residents who report German roots (8.3%), and some of the residents are also of Polish ancestry (3.4%), along with some Norwegian ancestry residents (1.7%), among others. In addition, 22.8% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Burnham Park North neighborhood spend between 15 and 30 minutes commuting one-way to work (38.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.1%) and 6.0% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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