This is a small community in a single neighborhood.
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What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Paddock Lake is a very small village located in the state of Wisconsin. With a population of 2,986 people and just one neighborhood, Paddock Lake is the 258th largest community in Wisconsin.
Occupations and Workforce
Paddock Lake is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Paddock Lake is a village of professionals, sales and office workers, and service providers. There are especially a lot of people living in Paddock Lake who work in office and administrative support (14.68%), healthcare (11.12%), and architecture and engineering (8.89%).
Also of interest is that Paddock Lake has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
In Paddock Lake, however, the average commute to work is quite long. On average, people spend 33.35 minutes each day getting to work, which is significantly higher than the national average.
Paddock Lake is a small village, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Demographics
In terms of college education, Paddock Lake is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 28.96% of adults 25 and older in the village have at least a bachelor's degree.
The per capita income in Paddock Lake in 2022 was $42,060, which is upper middle income relative to Wisconsin and the nation. This equates to an annual income of $168,240 for a family of four. However, Paddock Lake contains both very wealthy and poor people as well.
The people who call Paddock Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Paddock Lake residents report their race to be White, followed by Native American. Important ancestries of people in Paddock Lake include German, Irish, English, Scottish, and Italian.
The most common language spoken in Paddock Lake is English. Other important languages spoken here include Italian and Spanish.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Modes of Transportation
While most Americans do drive to work alone each day, the neighborhood stands out by having 89.3% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.6% of all American neighborhoods.
Diversity
Did you know that the neighborhood has more German and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.0% of this neighborhood's residents have German ancestry and 1.3% have Finnish ancestry.
is also pretty special linguistically. Significantly, 8.2% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.0% 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 neighborhood in Paddock Lake are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.5% of the neighborhoods in America. In addition, 1.9% 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 75.4% 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 neighborhood, 37.4% 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 25.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.9%), and 17.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the neighborhood is English, spoken by 95.1% of households. Some people also speak Italian (8.2%).
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Paddock Lake, WI, residents most commonly identify their ethnicity or ancestry as German (40.0%). There are also a number of people of Irish ancestry (16.1%), and residents who report Polish roots (8.4%), and some of the residents are also of English ancestry (8.0%), along with some Italian ancestry residents (6.3%), among others.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (30.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
