Located in the state of Wisconsin, Milwaukee is a big city with a population of 598,672 inhabitants. With a population density of 6,225 people per square mile, Milwaukee is well above the nation's average density level. Milwaukee is known to be an ethnically diverse city. The two most common races are White (46%) and Black or African American (39%). If you are a young adult or student, you might be pleased to know that the average age of all Milwaukee residents is 31. Milwaukee is not known to have a high population (over 15 years old) of married people. At only 50% married, this city falls well below the national average.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Milwaukee could be a positive experience compared to other cities in Wisconsin if you know where to look. Finding the best places to live in Milwaukee and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, weather, employment, housing and other important metrics.
Using data and statistics Milwaukee has received a livability score of 58 out of 100. This score is ranked in the 13th percentile when compared to all other cities. This is a lower than the United States average livability score as Milwaukee does not rank well for most categories. There are seven total categories that form the livability score. Milwaukee scores well for amenities (A+) and cost of living (B). On a less positive note, Milwaukee does not have favorable ranks for the following: crime (F), weather (D-), education (F) and employment (F). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Milwaukee has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: Milwaukee Art Museum, Miller Park, and Lakefront Brewery.
The Milwaukee unemployment rate (0%) has continued to decrease over the years and is now well below the national average. Finding a new job in the area might just be easier than you thought!
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Milwaukee is real estate affordability. The median home price for Milwaukee homes is $115,500, which is 30.8% lower than the Wisconsin average. If we take a closer look at the affordability of homes in Milwaukee, we’ll see that the home price to income ratio is 3.1, which is 0% lower than the Wisconsin average. Real estate appreciation rates in Milwaukee are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Milwaukee homes comes in at 10.1%, and the 5 year appreciation rates were 6.3%.