Milwaukee, WI
Full City Profile · Wisconsin · Ozaukee County County
2.9
/5.0
C+
Fair
569,756
Population
5,924/sq mi density
$51,888
Median Income
$29,679 per capita
$172,000
Home Value
$227,629 Zillow
$1,033
Median Rent
30.5% income on rent
49°F
Avg Temperature
1,452
Violent Crime/100K
2,772 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$51,888 median income, 5.9% unemployment
A+
Affordability
4.8 / 5.0
$172,000 home value, $1,033/mo rent
F
Safety
1.0 / 5.0
1,452 violent crimes/100K (282% above avg)
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher
Housing Overview
Median Home Value
$172,000
39% below
US avg: $281,900
Median Rent
$1,033/mo
11% below
US avg: $1,163/mo
Homeownership Rate
41.5%
37% below US avg (65.4%)
Total Housing Units
257,441
Median year built: 1952
Home Value by Source
Census Median
$172,000
Zillow (ZHVI)
$227,629
Redfin Median Sale
$218,750
Median Sale Price
$218,750
Median List Price
$215,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
41.5%
Owner-Occupied
58.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,027/mo
1 Bedroom
$1,119/mo
2 Bedroom
$1,338/mo
3 Bedroom
$1,648/mo
4 Bedroom
$1,784/mo
Census median rent:
$1,033/mo
· Zillow rent:
$1,398/mo
Market Indicators (Redfin)
Median Sale Price
$218,750
Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
336
Price Drops
18.3%
of listings with price reduction
Price Per Sq Ft
$148
Active Inventory
1,141
homes for sale
Affordability & Housing Stock
Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
41.5%
Complete Housing Data
Home Values
| Census Median Value | $172,000 |
| Zillow Home Value (ZHVI) | $227,629 |
| Redfin Median Sale | $218,750 |
| Median Sale Price | $218,750 |
| Median List Price | $215,000 |
| Price Per Sq Ft | $148 |
Rent
| Census Median Rent | $1,033 |
| Zillow Rent (ZORI) | $1,398 |
| FMR Studio | $1,027 |
| FMR 1-Bedroom | $1,119 |
| FMR 2-Bedroom | $1,338 |
| FMR 3-Bedroom | $1,648 |
| FMR 4-Bedroom | $1,784 |
Market
| Days on Market | 54 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.3% |
| Homes Sold | 336 |
| Active Inventory | 1,141 |
| Price Per Sq Ft | $148 |
Ownership & Stock
| Owner-Occupied | 41.5% |
| Renter-Occupied | 58.5% |
| Homeownership Rate | 41.5% |
| Total Housing Units | 257,441 |
| Median Year Built | 1952 |
| Rent Burden | 30.5% |