Milwaukee is a major metropolitan area in WI with a population of 600,154 residents. With a median home price of $316,834 (9% below the national median) and median household income of $74,496, Milwaukee is considered moderately affordable with a price-to-income ratio of 4.3x.
The real estate market in Milwaukee features a median home price of $316,834, which is 9% lower than the U.S. national median of $350,000. Monthly rent averages $1,320, 12% below the national average. Over the past decade, rent has increased by 53%.
Milwaukee has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Milwaukee offers a median household income of $74,496, which is 6% higher than the national median of $70,000. Residents spend approximately 21% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Milwaukee is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Milwaukee compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Milwaukee is $316,834, with average monthly rent of $1,320. The median household income is $74,496, giving the city a price-to-income ratio of 4.3x.
Milwaukee has moderate affordability with a price-to-income ratio of 4.3x, close to the national average.
Milwaukee has a population of 600,154 residents, making it the #38 largest city in the United States.
Milwaukee has a violent crime rate of 325 per 100,000 residents, which is below the national average. The property crime rate is 1538 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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