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Parkway Estates, Wauwatosa,WI

Neighborhood Data
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If you’re considering a move to Wauwatosa, WI, Parkway Estates offers a charming and inviting community perfect for families, professionals, and retirees alike. Nestled in the southeast part of Wauwatosa, this neighborhood is known for its beautiful tree-lined streets, well-maintained homes, and a friendly, welcoming atmosphere. Parkway Estates boasts an excellent balance of suburban calm while still being close enough to the city’s vibrant amenities, making it an ideal spot for those who want both comfort and convenience. Residents here enjoy a peaceful environment without sacrificing accessibility to shopping, dining, and entertainment options.

One of the standout features of Parkway Estates is its proximity to several parks and recreational areas, which makes it a great place for outdoor enthusiasts. Nearby, you’ll find the scenic Menomonee River Parkway, where you can take leisurely walks, bike rides, or enjoy a picnic with family and friends. For those who enjoy community events, Wauwatosa hosts regular farmer’s markets and local festivals that are easily accessible from Parkway Estates. Additionally, the neighborhood’s schools are highly regarded, contributing to its appeal for families looking for quality education in a safe environment.

Getting to downtown Milwaukee from Parkway Estates is straightforward and convenient, with just a short drive or quick public transit ride separating you from the hustle and bustle of the city center. This close proximity means you can enjoy the best of both worlds—peaceful suburban living with easy access to downtown’s cultural attractions, professional opportunities, and nightlife. Whether you’re grabbing dinner at one of Milwaukee’s renowned restaurants, visiting a museum, or catching a game at the arena, Parkway Estates offers a perfect home base that keeps you connected while offering a tranquil retreat at the end of the day.

Community Snapshot

Population 490
Density (People/sqml.) 5,563
Median Age 39.1
Married Couples
59%
59% of the population of Parkway Estates aged 16 years and older are married.
Have Kids
36%
36% of the population aged 16 years or older have children.

In Parkway Estates, 36% of residents aged 16 and older are married, which is notably higher than the national average. This could point to a more settled, community-driven neighborhood where long-term residents and homeowners are common. It’s the kind of place where stability, and a close-knit atmosphere make it especially appealing to families and couples looking to put down roots.

With only 36% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Parkway Estates neighborhood age breakdown chart

Parkway Estates demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 490 residents, Parkway Estates is notably smaller than many other Wauwatosa neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Parkway Estates has a population density of 5,563, which strikes a balanced feel when compared to other Wauwatosa neighborhoods. The area offers just the right mix of activity and breathing room, creating a community that’s lively yet comfortable, with easy access to amenities and everyday conveniences.

With an average age of 39, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

Crime in Parkway Estates

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Types of Crime

Parkway Estates neighborhood age breakdown chart

Parkway Estates Crime Map

The Parkway Estates crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing

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Home Price $403,350
Median Rent $1,127
People/Household 2.6

Home Price Breakdown

Parkway Estates neighborhood home price breakdown chart

Rent vs Own

Rent 24% Own 76%

Year Moved In

Before 2010 62% After 2010 38%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing costs often reflect the desirability and overall character of a neighborhood. In Parkway Estates, home prices come in around $403,350, which is higher than many other areas. This elevated pricing points to a sought-after location with strong demand, well-maintained properties, and access to premium amenities that contribute to a higher quality of life. Historical home price trends and appreciation rates in Parkway Estates can serve as a window into the neighborhood’s economic strength and future potential. By understanding how the market has performed in the past, buyers and investors can better evaluate whether the area offers promising opportunities for growth and long-term value.

The median rent is around $1,127, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

Coffee Shops

Colectivo Coffee
Coffee Shop
min.
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Stone Creek Coffee
Coffee Shop
min.
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Entertainment

TOSA Pool at Hoyt Park
Water Park
min.
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Lowell Damon House Museum
Museum
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Food & Drink

Ray's Wine & Spirits
Alcohol
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Club Tap Cocktail Lounge
Bar
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Groceries

Sendik's
Grocery Store
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Black Twig Bakery
Bakery
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Parks

Playground
Playground
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Hoyt Park
Park
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Shops

The Container Store
Houseware
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Nordstrom
Department Store
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Getting Around

Transit Stops

Bus Stop
Bus Stop
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Transit Stations

 
 
 
 
 
 
 
 
 
 
 
 

Health & Safety

Medical Facilities

Swan Serv-U Pharmacy
Pharmacy
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Fairview Audiology Clinic
Clinic
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Health Care

New Frontiers Psychiatric & TMS
Doctor
min.
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Connect Chiropractic
Doctor
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Safety

Wauwatosa Fire Station Number 1
Fire Station
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Wauwatosa Fire Station Number 3
Fire Station
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Top Neighborhood Schools

Name Category Grades Rating
Pius Xi Catholic High School
135 N 76Th St, Milwaukee, WI
High School 9 - 12 School Score
Wisconsin Lutheran High School
330 Glenview Ave, Milwaukee, WI
High School 9 - 12 School Score
Wauwatosa Virtual Academy
12121 W North Ave, Wauwatosa, WI
High School 6 - 12 School Score
Mckinley Elementary
2435 N 89Th St, Wauwatosa, WI
Elementary School PK - 5 School Score
East High
7500 Milwaukee Ave, Wauwatosa, WI
High School 9 - 12 School Score
St John'S Evangelical Lutheran School
1278 Dewey Ave, Wauwatosa, WI
Elementary School PK - 8 School Score
Plank Road Complex
10201 W Watertown Plank Rd, Wauwatosa, WI
High School KG - 12 School Score

Education Level Achieved

Education is a key factor in understanding the character and opportunities within a community like Parkway Estates. School ratings here reflect important indicators such as academic performance, graduation outcomes, and standardized testing, while NAEP (National Assessment of Educational Progress) scores offer a valuable national comparison to gauge how local schools measure up. Looking at the overall education level of residents in Parkway Estates can also provide meaningful insight into the neighborhood’s focus on learning and long-term growth, helping families choose a community that aligns with their educational goals.

Economy

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Income Per Capita $69,397
Household Income $134,359
Unemployment 1.0%

Income Breakdown

Parkway Estates Income breakdown chart

Employment by Industry

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The economic makeup of a neighborhood often tells a deeper story about its lifestyle, opportunities, and overall character. In Parkway Estates, median household incomes average $134,359, which is higher than many surrounding neighborhoods. This elevated earning power helps support a more upscale environment, offering residents access to premium amenities, well-maintained surroundings, and a standard of living that emphasizes comfort and quality.

The strength of a neighborhood’s local economy is often reflected in its employment landscape, shaping daily life and long-term stability for residents. In Parkway Estates, the unemployment rate is just 1%, indicating a strong and resilient community with steady economic growth, active local businesses, and a high quality of life.

Frequently Asked Questions

What is the overall lifestyle like?

Parkway Estates in Wauwatosa offers a relaxed suburban lifestyle with a balance of family-friendly amenities and easy access to urban conveniences. Residents enjoy tree-lined streets, local parks such as Hart Park, and proximity to the Menomonee River Greenway for outdoor activities like walking and biking. The neighborhood fosters a comfortable, community-oriented environment ideal for families and professionals alike.

Are there any community events or local gatherings throughout the year?

Yes, Parkway Estates benefits from Wauwatosa's active community calendar, which includes events like the annual Wauwatosa Farmers Market held at Village Park, as well as seasonal events such as the Tosa Fest, which features live music, food vendors, and family activities. Local neighborhood associations often organize block parties and clean-up days that encourage resident participation and strengthen community bonds.

Are there major highways or transit lines nearby?

Parkway Estates is conveniently located near major routes such as Interstate 41, providing easy access to Milwaukee and surrounding areas. Public transportation options include several Milwaukee County Transit System bus lines that run through Wauwatosa, offering a practical alternative for commuting. This connectivity makes Parkway Estates an attractive location for those working in downtown Milwaukee or other nearby employment centers.

Compare Nearby Neighborhoods

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