HISTORIC MITCHELL STREET

Location of Historic Mitchell Street in red

Figure 1: Location of Historic Mitchell Street in red

Comparison to other neighborhoods

Most of this page compares trends within Historic Mitchell Street across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Historic Mitchell Street in various categories for each year during 2000 to 2018. For example, in 2000 94% of neighborhoods contained fewer total residential units.
Table 1: Annual neighborhood percentile ranks, where 100 = the largest or highest amount and 1 = smallest or lowest
Percentile Rank
year Total Units1 Total single-family homes2 Total duplexes3 Total condos4 Median property value5 Median Value/ft.6 % Owner-occupied7 Sales rate8*
2000 94th 82nd 93rd 2nd 13th 15th 11th
2001 94th 81st 93rd 4th 13th 14th 13th
2002 94th 81st 93rd 2nd 12th 13th 12th 20th
2003 94th 81st 93rd 2nd 12th 12th 11th 31st
2004 94th 81st 93rd 2nd 12th 12th 11th 33rd
2005 93rd 81st 93rd 2nd 12th 13th 10th 84th
2006 93rd 81st 93rd 5th 12th 13th 10th 80th
2007 95th 81st 93rd 8th 10th 12th 10th 74th
2008 95th 81st 92nd 8th 9th 11th 10th 31st
2009 95th 81st 93rd 5th 11th 12th 12th 23rd
2010 95th 81st 93rd 5th 10th 12th 10th 27th
2011 95th 81st 93rd 5th 11th 11th 9th 17th
2012 95th 81st 93rd 5th 12th 12th 9th 17th
2013 95th 81st 93rd 5th 13th 10th 10th 31st
2014 94th 80th 93rd 5th 14th 10th 9th 14th
2015 94th 80th 93rd 3rd 12th 9th 12th 18th
2016 94th 80th 93rd 5th 14th 12th 10th 15th
2017 94th 80th 93rd 5th 16th 10th 10th 18th
2018 95th 80th 93rd 5th 15th 10th 11th
Note: Percentile ranks are only calculated for neighborhoods which include the characteristic being measured. For example, a neighborhood with no condos is marked missing, while the neighborhood in the 1st percentile contains at least 1 condo.
1 Includes all homes, condos, and apartments
2 Total standalone 1-unit homes
3 Total 2-unit homes
4 Total condos
5 Median entire property value as assessed by the City
6 Median of (Improvements value) / (Useable square feet of building)
7 Percent of single-family, duplexes, and condos whose location is also the owner’s mailing address
8 Single-family, duplex, and condo sales as a percent of total single-family, duplex, and condo properties
* No sales data available for 2000-2001

Residential property values, 2000 to 2018

Total property value

This “violin” graph displays the distribution of home values in Historic Mitchell Street since 2000. The shapes for each year are widest at the property value where the most homes are located. Larger “violins” indicate more homes, while smaller shapes indicate fewer. The thin line through the graph shows the median home value for each year.

The table below contains the median home value for each year from 2000 to 2018. Values are adjusted to 2018 dollars, and properties assessed at $0 are ommitted. This is because those properties are not literally worth nothing. The city assesses them at $0 because they are owned by an entity which does not pay property taxes; therefore they contribute nothing to the city’s tax base directly.
Table 2: Median inflation-adjusted home values
Median property value
year single-family duplex condo
2000 $55,049 $62,477 $39,758
2001 $53,541 $61,190 $38,669
2002 $57,859 $63,575 $39,734
2003 $59,012 $69,098 $38,842
2004 $63,718 $73,143 $40,753
2005 $70,357 $84,726 $38,195
2006 $82,860 $104,633 $44,665
2007 $77,646 $98,092 $41,823
2008 $87,772 $110,094 $52,476
2009 $80,701 $97,589 $52,476
2010 $71,582 $86,473 $51,631
2011 $69,347 $83,841 $50,059
2012 $55,170 $66,365 $43,490
2013 $50,799 $61,975 $39,092
2014 $48,362 $58,797 $39,092
2015 $46,391 $51,615 $38,555
2016 $48,272 $54,227 $30,823
2017 $47,772 $54,524 $31,610
2018 $48,400 $54,800 $31,800

Value per square foot

This graph is similar to the graph above, except it shows property value per square foot, rather than the total. These statistics are calculated by dividing the value of improvements made to the parcel (namely the building) by the total useable floor area of the structure in square feet.

Residential units

The next three graphs show trends in the number of housing units and their occupancy status. “Owner-occupied” means the property owner lists that location as their mailing address. Additional units at each parcel may be rented, so the “owner-occupied” number given here should be understood as an upper bound; the real number is almost certainly lower. Non-owner-occupied units may either be rented or vacant. These three graphs show total units, so (for example) every one duplex counts as 2 units.

Total, 2000 to 2018

Single family homes

Duplexes

Condos

Totals by type

Property sales and owner-occupancy

Single-family homes, duplexes, and condos
Table 5: The unit of analysis is the parcel. Some parcels contain multiple units.
year Total sold Remain owner-occupied Owner-occupied to other Remain other occupied Other to owner-occupied
2002 22 55% 0% 23% 23%
2003 45 67% 2% 13% 18%
2004 51 65% 4% 14% 18%
2005 136 31% 12% 40% 17%
2006 125 34% 12% 35% 18%
2007 86 33% 12% 29% 27%
2008 23 22% 4% 35% 39%
2009 17 35% 12% 29% 24%
2010 8 25% 12% 25% 38%
2011 4 0% 0% 100% 0%
2012 3 67% 0% 0% 33%
2013 17 35% 12% 47% 6%
2014 6 67% 0% 33% 0%
2015 15 27% 13% 27% 33%
2016 17 12% 12% 53% 24%
2017 16 12% 0% 62% 25%

This table compares the owner-occupancy status before and after each sale for properties coded as “Residential” or “Condominium” in the previous table. As explained above, “owner-occupancy” means the property owner lists that parcel as their mailing address. Additional units at an owner-occupied address may be vacant or rented. In this table “other occupied” simply means the property owner does not maintain their mailing address at that location. The property could be rented, or it could be vacant.

  • If a property was coded as owner-occupied in the year prior to the sale, and it is still coded that way in the first available property record after the sale date, it is classified as “Remain owner-occupied.”
  • A property coded “owner-occupied” before the sale, but not after is classified as “Owner-occupied to other”
  • A property not coded “owner-occupied” before a sale, and which maintains that status after the sale, is classified “Remain other occupied.”
  • Properties which aren’t “owner-occupied” prior to the sale but become so afterward are classified “Other to owner-occupied.”