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University of Wisconsin Milwaukee

53206

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Zip Code 53206: Numbers Driving Change, Kathy Quirk Jan 2008

Zip Code 53206: Numbers Driving Change, Kathy Quirk

ETI Publications

A feature article by the University of Wisconsin-Milwaukee News Service detailed Employment and Training Institute research in Milwaukee zipcode 53206, one of the most economically challenged neighborhoods in the state.


Update On The Housing Crisis In Zip Code 53206, John Pawasarat, Lois M. Quinn Jan 2007

Update On The Housing Crisis In Zip Code 53206, John Pawasarat, Lois M. Quinn

ETI Publications

The housing crisis appears to be unabated in pockets of Milwaukee’s central city neighborhoods, based on Home Mortgage Disclosure Act data collected federally from lending institutions. A 13-year analysis of mortgage lending in zipcode 53206, one of Milwaukee’s poorest central city neighborhoods, showed continued borrowing and reliance on subprime and high-interest cost loans. In 2006 mortgage borrowing activity continued to rise in zipcode 53206 in contrast to an overall slowdown in the county. The vast majority (85%) of housing loans to owner-occupants in zipcode 53206 were made to single purchasers rather than 2-person co-signers. These trends are consistent with concerns …


Neighborhood Indicators Of Employment And Economic Family Well-Being For Zipcode 53206: Executive Summary, John Pawasarat, Lois M. Quinn Jan 2007

Neighborhood Indicators Of Employment And Economic Family Well-Being For Zipcode 53206: Executive Summary, John Pawasarat, Lois M. Quinn

ETI Publications

The 53206 zipcode neighborhood serves as a bellwether for poverty changes in Milwaukee and nationally. In the 1990s prior to welfare reform in Wisconsin it had the largest number of families receiving AFDC. In the 2000 Census it showed the largest number of families in poverty among Milwaukee zipcodes. The 2007 neighborhood indicator analyses showed substantial movement in a negative direction, particularly in the last 4-5 years as the number of men incarcerated from and released to these neighborhoods has risen dramatically and residents have been targeted by subprime lenders for refinancing mortgages. Assets were identified, including the relatively high …


New Indicators Of Neighborhood Need In Milwaukee Zipcode 53206, Lois M. Quinn Jan 2007

New Indicators Of Neighborhood Need In Milwaukee Zipcode 53206, Lois M. Quinn

ETI Publications

Milwaukee Neighborhood Indicators Reports were initially developed by the Employment and Training Institute with funding from the Greater Milwaukee Foundation and the City of Milwaukee to provide independent, timely and ongoing assessment tools to measure short-term and long-term progress toward improving economic and employment well-being of families in central city Milwaukee neighborhoods. Indicators track changes by neighborhood since 1993, prior to the beginning of state and federal welfare reform. The 53206 ZIP code neighborhood serves as a bellwether for poverty changes in Milwaukee and nationally. In the 1990s prior to welfare reform in Wisconsin it had the largest number of …