Golden Gate / Mack Acres median real estate price is $250,111, which is less expensive than 64.4% of Wisconsin neighborhoods and 69.4% of all U.S. neighborhoods.
The average rental price in Golden Gate / Mack Acres is currently $1,969, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.9% of the neighborhoods in Wisconsin.
Golden Gate / Mack Acres is a suburban neighborhood (based on population density) located in Milwaukee, Wisconsin.
Golden Gate / Mack Acres real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Golden Gate / Mack Acres neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Golden Gate / Mack Acres, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 92.1% of all neighborhoods in the U.S. This means that the housing supply in Golden Gate / Mack Acres is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
For many reasons, Golden Gate / Mack Acres is rated by NeighborhoodScout as one of the top 5.0% of ideal neighborhoods for first-time home buyers in the state of Wisconsin. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other WI neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Did you know that the Golden Gate / Mack Acres neighborhood has more Croatian and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Croatian ancestry and 20.8% have Sub-Saharan African ancestry.
Golden Gate / Mack Acres is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Golden Gate / Mack Acres neighborhood in Milwaukee are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.0% of the neighborhoods in America. With 32.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.2% 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 Golden Gate / Mack Acres neighborhood, 45.2% of the working population is employed in executive, management, and professional 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 22.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.9%), and 15.2% in clerical, assistant, and tech support occupations.
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 Golden Gate / Mack Acres neighborhood is English, spoken by 73.1% of households. Other important languages spoken here include Spanish and German/Yiddish.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Golden Gate / Mack Acres neighborhood in Milwaukee, WI, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (20.8%). There are also a number of people of Asian ancestry (15.7%), and residents who report German roots (14.4%), and some of the residents are also of Irish ancestry (5.6%), along with some Italian ancestry residents (3.9%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Golden Gate / Mack Acres neighborhood spend between 15 and 30 minutes commuting one-way to work (58.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.0%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.