MenomoneeFalls_web

VILLAGE OF MENOMONEE FALLS, WISCONSIN projections depend on how fast the build out occurs, and where we’re anticipat- ing future single family and multi-family development to take place. Just with planned subdivisions now, and those on the drawing board, we’re expecting a couple thousand new residents.” Educational attainment is high–more than 40 percent of residents over 25 have a bachelor’s degree or higher. The median age is just under 45 years. Zwagerman adds, “Apart from a pretty large group of residents in their 50s, our age distribution is fairly even. Our housing mix is about 75 percent single fam- ily homes, many constructed during the mid 20th century, and there was also a big boom in the 1990s and early 2000s. Single family is now just starting to pick up again. Multi-family accounts for about 25 percent of housing in the Village. Be- cause of its diversity of age and size, our housing stock is relatively affordable for a suburban com- munity near Milwaukee. The average value now is about $225,000.” More than a bedroom community, Menomonee Falls provides over 30,000 jobs in manufacturing, AT A GLANCE MENOMONEE FALLS, WISCONSIN WHAT: A suburban village of 37,000 WHERE: Waukesha County, adjacent to Milwaukee, Wisconsin WEBSITE: www.menomonee-falls.org trade, education, and healthcare. The local economy has grown stronger in recent years, and unemployment stands at around four per- cent. Kohl’s Corporation, a major North Amer- ican retailer, is one of the largest employers. Another significant presence –Froedtert & the Medical College of Wisconsin–has a hospital and several clinics in the community. Harley-Davidson Corporation operates a large power train facility in the Village. Matt Carran, Director of Community De- velopment for Menomonee Falls, explains, “From a manufacturing real estate assessed value, we have the third highest value of any community in Wisconsin. Our industrial base shows up with a lot of jobs, but we’ve always had that big framework. Then we added a residential component, roughly 400 single family lots in the last three years. The reces- sion that hit the country also had its effects on Menomonee Falls. Coming out of that now, last year we had the largest number of single family home starts in southeastern Wisconsin; third in the state from a quantity standpoint.” Menomonee Falls still has about 30 percent of its land area undeveloped, but it’s cognizant of redevelopment; keeping the existing down- town strong, as well as commercial sectors within the community. In the last two years, 767 dwelling units have been added. From a