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Real Estate Prices & Overview

Preble Park / Preble median real estate price is $305,894, which is more expensive than 51.4% of the neighborhoods in Wisconsin and 40.2% of the neighborhoods in the U.S.

The average rental price in Preble Park / Preble is currently $1,563, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.4% of the neighborhoods in Wisconsin.

Preble Park / Preble is a suburban neighborhood (based on population density) located in Green Bay, Wisconsin.

Preble Park / Preble real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Preble Park / Preble neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Preble Park / Preble, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 81.9% of all neighborhoods in the U.S. This means that the housing supply in Preble Park / Preble is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Green Bay, the Preble Park / Preble neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Preble Park / Preble neighborhood has more Belgian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.6% of this neighborhood's residents have Belgian ancestry and 0.7% have Czechoslovakian ancestry.

Preble Park / Preble is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 95.7% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Preble Park / Preble neighborhood in Green Bay are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 52.4% of the neighborhoods in America. With 15.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.1% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Preble Park / Preble neighborhood, 45.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.4%), and 11.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Preble Park / Preble neighborhood is English, spoken by 82.9% of households. Some people also speak Spanish (14.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Preble Park / Preble neighborhood in Green Bay, WI, residents most commonly identify their ethnicity or ancestry as German (30.3%). There are also a number of people of Mexican ancestry (15.8%), and residents who report Belgian roots (10.6%), and some of the residents are also of Irish ancestry (10.5%), along with some Polish ancestry residents (8.2%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Preble Park / Preble neighborhood spend under 15 minutes commuting one-way to work (43.9% of working residents), one of the shortest commutes across America.

Here most residents (84.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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