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Real Estate Prices & Overview

Wollmer St / S 16th St median real estate price is $123,144, which is less expensive than 95.2% of Wisconsin neighborhoods and 91.8% of all U.S. neighborhoods.

The average rental price in Wollmer St / S 16th St is currently $1,077, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.9% of Wisconsin neighborhoods.

Wollmer St / S 16th St is a suburban neighborhood (based on population density) located in Manitowoc, Wisconsin.

Wollmer St / S 16th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Wollmer St / S 16th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Wollmer St / S 16th St are 5.7%, which is lower than one will find in 61.5% of American neighborhoods. Demand for real estate in Wollmer St / S 16th St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

Divorcees may find friendship and understanding in this neighborhood, as 22.4% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.9% of the neighborhoods in America.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Wollmer St / S 16th St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 37.4% of the real estate here is made up of such dwellings, which is higher than 96.6% of all U.S. neighborhoods.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Wollmer St / S 16th St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 71.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.7% of the neighborhoods in the United States.

Occupations

More people work in manufacturing and as laborers here in the Wollmer St / S 16th St neighborhood than in 96.2% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Wollmer St / S 16th St neighborhood has more Dutch and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.7% of this neighborhood's residents have Dutch ancestry and 3.0% have Danish ancestry.

Wollmer St / S 16th St is also pretty special linguistically. Significantly, 11.9% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.8% 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 Wollmer St / S 16th St neighborhood in Manitowoc are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.2% of U.S. neighborhoods. With 16.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Wollmer St / S 16th St neighborhood, 43.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.0%), and 12.9% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Wollmer St / S 16th St neighborhood is English, spoken by 81.4% of households. Other important languages spoken here include Polish and Spanish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Wollmer St / S 16th St neighborhood in Manitowoc, WI, residents most commonly identify their ethnicity or ancestry as German (32.6%). There are also a number of people of Asian ancestry (14.2%), and residents who report Irish roots (10.6%), and some of the residents are also of Dutch ancestry (8.7%), along with some Polish ancestry residents (8.0%), among others. In addition, 12.1% of the residents of this neighborhood were born in another country.

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 Wollmer St / S 16th St neighborhood spend under 15 minutes commuting one-way to work (56.2% of working residents), one of the shortest commutes across America.

Here most residents (74.0%) 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 (13.3%) and 8.0% of residents also hop out the door and walk to work for their daily commute. 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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