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Wauwatosa, WI

Full City Profile · Wisconsin · Waukesha County County

3.9 /5.0
B+ Good
47,718 Population 3,607/sq mi density
$93,859 Median Income $56,055 per capita
$307,600 Home Value $403,384 Zillow
$1,373 Median Rent 27.7% income on rent
48°F Avg Temperature 260 sunny days/yr
117 Violent Crime/100K 2,741 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,859 median income, 1.4% unemployment
A+
Affordability
4.8 / 5.0
$307,600 home value, $1,373/mo rent
F
Safety
1.0 / 5.0
117 violent crimes/100K
A+
Education
5.0 / 5.0
61.5% bachelor's degree or higher

Housing Overview

Median Home Value
$307,600
9% above
US avg: $281,900
Median Rent
$1,373/mo
18% above
US avg: $1,163/mo
Homeownership Rate
60.3%
8% below US avg (65.4%)
Total Housing Units
22,786
Median year built: 1953

Home Value by Source

Census Median
$307,600
Zillow (ZHVI)
$403,384
Median Sale Price
$403,199
Median List Price
$399,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.3%
Owner-Occupied
39.7%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent: $1,373/mo · Zillow rent: $1,649/mo

Market Indicators (Redfin)

Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
34
Price Drops
9.5%
of listings with price reduction
Price Per Sq Ft
$221
Active Inventory
74
homes for sale

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
60.3%

Complete Housing Data

Home Values

Census Median Value$307,600
Zillow Home Value (ZHVI)$403,384
Median Sale Price$403,199
Median List Price$399,900
Price Per Sq Ft$221

Rent

Census Median Rent$1,373
Zillow Rent (ZORI)$1,649
FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Days on Market39
Sale-to-List Ratio1.0%
Price Drops9.5%
Homes Sold34
Active Inventory74
Price Per Sq Ft$221

Ownership & Stock

Owner-Occupied60.3%
Renter-Occupied39.7%
Homeownership Rate60.3%
Total Housing Units22,786
Median Year Built1953
Rent Burden27.7%