Why Live in Milwaukee River Parkway
Milwaukee River Parkway is a tranquil suburb surrounded by the river on three sides, offering a blend of outdoor recreation, retail shopping, and highly rated public schools. The neighborhood is less than a mile west of a major shopping mall, providing easy access to various amenities. Nature enthusiasts will appreciate the wooded paths leading to the river and the expansive Lincoln Park to the south, featuring a nine-hole golf course, soccer pitches, and the David F. Schultz Aquatic Center with its water slides and lazy river. Dining options include The Bavarian Bierhaus, known for its German-style cuisine and year-round festivities, and Kopp's Frozen Custard for sweet treats. The Bayshore shopping center offers a mix of dining and retail options, including Five Guys, Potbelly, and Target. Students in the area benefit from highly rated schools like Rufus King International High School, known for its International Baccalaureate program. Housing in Milwaukee River Parkway includes early 20th-century Cape Cods and mid-century ranch-style homes, with prices varying by location. The neighborhood is 7 miles from downtown Milwaukee via Interstate 43, with bus stops and the Oak Leaf Trail providing additional transportation options. Residents can enjoy professional sports year-round, with the Milwaukee Brewers playing at American Family Field and the Milwaukee Bucks at Fiserv Forum.
Frequently Asked Questions
Is Milwaukee River Parkway a good place to live?
Milwaukee River Parkway is a good place to live. Milwaukee River Parkway is considered car-dependent and very bikeable with good transit options. Milwaukee River Parkway is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Milwaukee River Parkway has 6 parks for recreational activities. It is fairly sparse in population with 4.6 people per acre and a median age of 37. The average household income is $79,722 which is below the national average. College graduates make up 26.6% of residents. A majority of residents in Milwaukee River Parkway are home owners, with 46.1% of residents renting and 53.9% of residents owning their home. A
local real estate agent serving Milwaukee River Parkway can help you decide if this neighborhood is the right one for you. Learn more on our
Milwaukee River Parkway neighborhood guide.
Is Milwaukee River Parkway, WI a safe neighborhood?
Milwaukee River Parkway, WI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Milwaukee River Parkway?
The median home price in Milwaukee River Parkway is $275,000. If you put a 20% down payment of $55,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $61K a year to afford the median home price in Milwaukee River Parkway. The average household income in Milwaukee River Parkway is $80K.
What are the best public schools in Milwaukee River Parkway?
The best public schools that serve Milwaukee River Parkway are:
- Nicolet High School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 4.0.
- Reagan College Preparatory High has an A Niche grade, a student teacher ratio of 22:1 and an average review score of 4.0.
- Golda Meir School has an A- Niche grade, a student teacher ratio of 19:1 and an average review score of 4.3.
What are the best private schools in Milwaukee River Parkway?
The best private schools that serve Milwaukee River Parkway are:
What are the most popular zip codes in Milwaukee River Parkway, Milwaukee, WI?
What are the most popular neighborhoods near Milwaukee River Parkway, Milwaukee, WI?
Home Trends in Milwaukee River Parkway, WI
On average, homes in Milwaukee River Parkway, Milwaukee sell after 42 days on the market compared to the national average of 51 days. The median sale price for homes in Milwaukee River Parkway, Milwaukee over the last 12 months is $280,000, up 27% from the median home sale price over the previous 12 months.
Median Sale Price
$280,000
Median Single Family Sale Price
$262,000
Median Townhouse Sale Price
$280,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
2
Last 12 months Home Sales
7
Median List Price
$275,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
27%