Walker's Point

Location of Walker's Point in red

Figure 1: Location of Walker’s Point in red

Comparison to other neighborhoods

Most of this page compares trends within Walker’s Point across time, but this table compares it to the rest of Milwaukee’s neighborhoods. It shows the percentile rank of Walker’s Point in various categories for each year during 2000 to 2018. For example, in 2000 86% 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 86th 72nd 83rd
10th 9th 11th
2001 88th 72nd 83rd
10th 9th 10th
2002 88th 72nd 83rd
8th 9th 11th 21st
2003 88th 72nd 83rd
8th 10th 8th 19th
2004 88th 72nd 83rd
7th 10th 7th 20th
2005 88th 71st 83rd
6th 9th 8th 52nd
2006 88th 71st 83rd 29th 5th 9th 8th 74th
2007 88th 71st 83rd 29th 4th 9th 10th 66th
2008 87th 71st 83rd 32nd 6th 9th 10th 19th
2009 87th 71st 83rd 29th 8th 10th 10th 19th
2010 88th 71st 83rd 30th 8th 9th 10th 28th
2011 88th 71st 83rd 30th 9th 9th 12th 37th
2012 88th 71st 83rd 29th 11th 13th 12th 26th
2013 89th 71st 83rd 32nd 12th 13th 12th 33rd
2014 90th 71st 83rd 35th 12th 12th 10th 12th
2015 91st 71st 83rd 31st 10th 12th 14th 26th
2016 91st 71st 83rd 31st 12th 15th 13th 30th
2017 92nd 71st 83rd 31st 13th 12th 14th 25th
2018 92nd 71st 83rd 31st 16th 12th 12th
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 Walker’s Point 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 $43,690 $46,894 $NA
2001 $42,493 $45,468 $NA
2002 $44,614 $51,027 $NA
2003 $48,723 $52,743 $NA
2004 $50,045 $56,417 $NA
2005 $57,977 $62,456 $NA
2006 $66,313 $78,132 $92,689
2007 $62,909 $73,627 $156,225
2008 $75,266 $98,173 $156,727
2009 $74,273 $89,525 $157,194
2010 $65,660 $79,171 $146,959
2011 $63,661 $77,876 $128,214
2012 $54,147 $64,804 $105,280
2013 $49,686 $63,141 $103,610
2014 $47,197 $59,327 $103,292
2015 $44,719 $52,660 $101,036
2016 $45,607 $55,272 $101,141
2017 $45,215 $54,729 $110,480
2018 $47,700 $55,900 $113,500

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 20 35% 10% 35% 20%
2003 17 35% 18% 47% 0%
2004 28 68% 0% 25% 7%
2005 75 31% 13% 21% 35%
2006 82 30% 15% 39% 16%
2007 66 36% 6% 18% 39%
2008 16 12% 25% 38% 25%
2009 9 11% 0% 56% 33%
2010 6 67% 17% 17% 0%
2011 6 33% 0% 50% 17%
2012 5 40% 0% 40% 20%
2013 12 33% 17% 25% 25%
2014 3 0% 33% 33% 33%
2015 13 15% 8% 38% 38%
2016 17 24% 12% 41% 24%
2017 16 38% 6% 31% 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.”