Lower East Side

Location of Lower East Side in red

Figure 1: Location of Lower East Side in red

Comparison to other neighborhoods

Most of this page compares trends within Lower East Side across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Lower East Side in various categories for each year during 2000 to 2018. For example, in 2000 99% 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 99th 48th 82nd 95th 81st 53rd 19th
2001 99th 48th 82nd 95th 82nd 56th 17th
2002 99th 48th 82nd 97th 91st 55th 17th 64th
2003 99th 48th 82nd 99th 93rd 75th 21st 69th
2004 99th 48th 82nd 99th 94th 91st 18th 82nd
2005 99th 47th 82nd 99th 96th 96th 16th 81st
2006 99th 47th 82nd 99th 94th 97th 21st 97th
2007 99th 47th 82nd 99th 96th 97th 17th 94th
2008 99th 47th 82nd 99th 94th 97th 20th 94th
2009 99th 47th 82nd 99th 93rd 97th 19th 96th
2010 99th 47th 82nd 99th 92nd 97th 20th 88th
2011 99th 47th 82nd 99th 91st 97th 20th 95th
2012 99th 48th 82nd 99th 91st 97th 18th 98th
2013 99th 49th 82nd 99th 91st 97th 22nd 96th
2014 99th 48th 82nd 99th 91st 97th 23rd 96th
2015 99th 48th 82nd 99th 91st 97th 26th 97th
2016 99th 48th 82nd 99th 93rd 79th 29th 96th
2017 100th 48th 82nd 99th 93rd 97th 30th 97th
2018 100th 47th 82nd 99th 92nd 97th 33rd
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 Lower East Side 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 $137,114 $176,653 $184,008
2001 $133,570 $171,672 $184,845
2002 $160,541 $208,710 $242,589
2003 $177,446 $235,504 $247,906
2004 $200,048 $240,138 $289,917
2005 $223,573 $272,344 $259,778
2006 $247,088 $319,622 $279,747
2007 $234,628 $300,683 $285,888
2008 $230,708 $280,729 $271,730
2009 $203,301 $256,127 $252,680
2010 $200,947 $252,061 $230,097
2011 $194,886 $244,276 $218,299
2012 $172,129 $210,237 $184,509
2013 $164,579 $203,618 $183,489
2014 $171,200 $204,360 $189,846
2015 $178,668 $203,587 $199,930
2016 $180,131 $212,103 $206,304
2017 $183,724 $222,392 $213,697
2018 $188,600 $230,050 $220,200

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 60 78% 3% 7% 12%
2003 68 82% 0% 6% 12%
2004 95 80% 3% 7% 9%
2005 137 58% 5% 12% 24%
2006 210 41% 5% 11% 42%
2007 126 59% 8% 10% 23%
2008 125 47% 7% 10% 35%
2009 112 56% 7% 12% 24%
2010 41 61% 5% 2% 32%
2011 71 56% 11% 11% 21%
2012 101 56% 7% 16% 21%
2013 133 44% 8% 13% 35%
2014 135 57% 7% 12% 24%
2015 159 52% 8% 12% 28%
2016 192 53% 7% 10% 30%
2017 220 52% 5% 18% 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.”