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Real Estate Prices & Overview

The Ponds / Legend Hills median real estate price is $489,574, which is more expensive than 90.4% of the neighborhoods in Wisconsin and 68.3% of the neighborhoods in the U.S.

The average rental price in The Ponds / Legend Hills is currently $1,885, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.6% of the neighborhoods in Wisconsin.

The Ponds / Legend Hills is a rural neighborhood (based on population density) located in Waukesha, Wisconsin.

The Ponds / Legend Hills real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the The Ponds / Legend Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In The Ponds / Legend Hills, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.5% of all neighborhoods in the U.S. This means that the housing supply in The Ponds / Legend Hills is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

In a nation where 1 out of every 4 children lives in poverty, the The Ponds / Legend Hills neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the The Ponds / Legend Hills neighborhood may actually hold the key. 69.2% of its residents are married, which is a higher percentage than is found in 95.5% of the neighborhoods in America.

Also, if you're nearing retirement age, or in retirement, the The Ponds / Legend Hills is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.3% of retiree-friendly neighborhoods in Wisconsin, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Wisconsin. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and college students.

Diversity

Did you know that the The Ponds / Legend Hills neighborhood has more German and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 47.5% of this neighborhood's residents have German ancestry and 1.7% have Finnish ancestry.

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 The Ponds / Legend Hills neighborhood in Waukesha are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.1% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the The Ponds / Legend Hills neighborhood, 53.4% 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 19.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.7%), and 10.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the The Ponds / Legend Hills neighborhood is English, spoken by 95.6% of households. Some people also speak Spanish (3.0%).

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 The Ponds / Legend Hills neighborhood in Waukesha, WI, residents most commonly identify their ethnicity or ancestry as German (47.5%). There are also a number of people of Irish ancestry (22.2%), and residents who report Polish roots (8.1%), and some of the residents are also of English ancestry (7.4%), along with some Norwegian ancestry residents (7.0%), 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 The Ponds / Legend Hills neighborhood spend between 15 and 30 minutes commuting one-way to work (57.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.4%) 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 (9.7%) . 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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