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Old 09-24-2010, 05:03 PM
 
Location: Milwaukee
925 posts, read 1,738,461 times
Reputation: 1585

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udubm stated in an earlier post that Waukesha County had 5 billionaires and Milwaukee County had one. Well today Forbes released their annual 400 richest list. And the results. Drumroll please. Waukesha Country had a grand total of ZERO billionaires. And Milwaukee Country's total. No better also ZERO. For what it is worth Racine came in number one for the state. They had 4 all of the Johnson family. The state had 9 billionaires in total.
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Old 09-24-2010, 07:46 PM
 
Location: Mequon, WI
8,118 posts, read 20,500,514 times
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Millionaires is a better judge than Billionaires.
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Old 07-07-2012, 07:08 PM
 
Location: Mequon, WI
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So just going through the 2010 census facts here are the 5 "unprestige" suburbs.

This was a little shocking to me I thought it would be Cudahy, South Milwaukee, Butler, West Milwaukee, St Francis and in that order most average household income. This is what I found that certain cities websites fudge the numbers a little bit to make their city look better when someone is inquiring about it. I'm not aware of any city doing there own census other than the US Gov census. State and County QuickFacts

Lowest average family income(suburb Pop: 5,000+)

1. West Milwaukee Population 4,200 median income for a family $39,000
2. West Allis Population 61,000 median income for a family $44,000
3. St Francis Population 9,400 median income for a family $46,000
4. Cudahy Population 18,300 median income for a family $48,000
5. Butler Population 1,900 median family income $49,000
6. Greenfield Population 37,000 median family income $51,000

*Wisconsin state average median family income is $52,000*

South Milwaukee Population 22,000 median family income $55,000
Brown Deer Population 12,000 median family income $61,000

One thing that surprised me was that Brown Deer and South Milwaukee are always getting lumped in with Cudahy or "Crudahy" as being blue collar and not nice places to live, it appears to be the opposite. While the knolwegable city data posters know Brown Deer to be a very nice suburb I still run into people that say it's an iffy area and it's mainly blue collar. Nearly 40% of residents in Brown Deer have a college degree or higher, here is a interesting note on South Milwaukee, I didn't know the median family income was that high at 55K a year a glaring fact is that only 18% of residents of South Milwaukee have a college degree or higher and this is probably due to the number very good paying blue collar jobs at places like Caterpillar and Cooper Power.

I was also surprised to see West Milwaukee at Number 1 in terms of income, same goes for West Allis. Overall even Milwaukee's bottom dwelling suburbs aren't that bad and are all safe areas to live with good affordable housing. The taxes in West Milwaukee are crazy but the houses are cheap, location is top notch, it's safe, good schools WA/WM district and close to a bunch of shopping. I think the thing holding West Milwaukee's numbers down is the amount of apartments, I bet if you took the average income of home-owners in West Milwaukee it would be higher than $39,000. West Milwaukee also has a nice stock of good looking homes along with the classic Milwaukee bungalow.

The new numbers for the following, still looking for cities under 5,000 population although I found River Hills at River Hills Demographics - Get Current Census Data for River Hills, WI. I don't know how accuarte this website is but it does fall in line with other estimates from the past on River Hills.

River Hills 1,600 median family income $182,000
Mequon Pop: 23,200 median family income $108,000
Whitefish Bay Pop: 14,100 median family income $107,000
Fox Point Pop: 6,700 median family income $97,000
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Old 07-08-2012, 11:27 PM
 
Location: SF Bay Area
14,323 posts, read 20,268,273 times
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Quote:
Originally Posted by Milwaukee City View Post
Tosa is not prestigious, very nice but not prestigious. I think you are crazy if you think obama=enlightenment/prestige, I could go into but I don't have the time and this isn't the right forum.

Orange County, CA the most conservative county in CA and the wealthiest obviously these people are enlightened.
Sorry, but being conservative is not synonymous with being enlightened. The OC, being so conservative, is easily a place dominated by wealth and ignorance.

I'd pick Tosa over Elm Grove, which is considered "prestigious."
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Old 06-26-2013, 12:06 AM
 
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Ive been to some cities in Milwaukee and the city that I would go to is Muskego lots of very nice homes.
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Old 06-14-2014, 06:12 PM
 
Location: Mequon, WI
8,118 posts, read 20,500,514 times
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*Update*

So digging into the numbers a little closer I have that while a town may have a lower avg income but a lot higher home value coupled with very low housing units makes certain towns or villages hard to get into. For instance Lac La Belle in Lake Country has an average income of $195,000 way below the Big 2 of River Hills and Chenequa but avg home value of $913,000 and only 290 homes make it one of Wisconsin's most exclusive areas you are not even sniffing a starter home in Lac La Belle unless you consider $440,000 a starter home. Lac La Belle is the extreme case where avg income and avg value have such a big gap.

Wind Point, WI a suburb of Racine or S.C. Johnson however you want to look at it, is one of the best values. Consider this, avg income for Wind Point is $240,000 but avg home value is $272,000. Now anyone knows this is a case of outliers and that being the Johnson family and the Leipolds who own high dollar properties there.

Here are the Top 15 Income Places in WI 2012 numbers

1. Chenequa $346,000
2. River Hills $333,000
3. Maple Bluff $257,000
4. Wind Point $240,000
5. Shorewood Hills $213,000
6. Oconomowoc Lake $204,000
7. Lac La Belle $195,000
8. Mequon $194,000
9. Elm Grove $172,000
10. Delafield $167,000

11. Fox Point $165,000
12. Whitefish Bay $164,000
13. Fontana-on-the-lake-Geneva $158,000
14. Bayside $143,000
15. North Bay Village $138,000

Top 15 Median Home Value 2012 Numbers:

1. Chenequa 1M+
2. Lac La Belle $913,000
3. Oconomowoc Lake $811,00
4. River Hills $675,000
5. Shorewood Hills $580,000
6. Maple Bluff $467,000
7. Delafield Town $431,000
8. Fontana $379,000
9. Elm Grove $376,000
10. Mequon $359,000
11. Okauchee Lake $357,000
12. North Bay Village $356,000
13. Delafield City $353,000
14. Linn $331,000
15. Whitefish Bay $320,000

BTW, the River Hills people are just beside themselves for losing out on the number #1 spot in avg income and home value, if you ever get the chance to meet some of these people there is a big rivalry between the two. They will remind you that nobody has ever heard of Chenequa but everyone knows where River Hills is. Now in terms of Prestige the list would look a lot different than this numbers list and most people know that. For instance saying you live in Linn, WI or Fontana does not have the same cache as saying you're from Whitefish Bay or Bayside or Fox Point now some people are wondering where is Shorewood and Fox Point in home values. Here they are Fox Point $293,000 and Shorewood $289,000.

Sidenote: Now you can get a starter home in River Hills for 200,000 or less there is not many of them but they are there along the edges of town and you can get a starter home in Mequon for under 200,000 but again they aren't pretty but you won't find a 200,000 home in Chenequa or Maple Bluff and there might be 2 homes for the 200-300 range in Oconomowoc Lake.

Last edited by Milwaukee City; 06-14-2014 at 06:23 PM..
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Old 06-14-2014, 06:23 PM
 
Location: Mequon, WI
8,118 posts, read 20,500,514 times
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Prestige is perception

Now take Cudahy or aka Crudahy, not a bad town but basic well kept bungalows in a town with lots of blue collar industry. I bet most people would be surprised to know the avg family in Cudahy make $70,000 a year and median home value of $159,000

West Milwaukee avg family makes $57,000 the lowest of any Milwaukee suburb and median home value of $130,000. Now West Milwaukee has a great location and nice housing stock and not a bad rep so most people would see West Milwaukee more prestigious than Crudahy a side note on West Milwaukee, the property taxes some of the highest in the Milwaukee area. Don't be surprised to pay 5,000+ on a home valued at $150,000.
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Old 06-17-2014, 08:57 AM
 
10 posts, read 15,848 times
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Excellent update, interesting read.

I guess any time where you have a community based soley around a lake, you'd expect to have higher property values (and thus higher incomes). I didnt really have an idea of where Chenequa was until I brought it up on Google Maps. From Google Maps, it looks like Chenequa is the interior of 3 main roads (Hwy C, Hwy K, and Hwy 83) surrounding Pine Lake and the in-roads that lead directly to the lake (with some North Lake and Beaver Lake frontage mixed in).

I wonder if any of these Chenequa homes are even main residences? Does the income number translate to both home locations if a person owns multiple homes?

River Hills has the Milwaukee River, but no other water source (smaller ponds here and there), just large(r) lots and wooded area. Is it higher topographically speaking? I wonder what made it what it is today, just the rich of yester-year deciding to settle there and build big homes?
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