Milwaukee County
Wisconsin ยท Pop. 945,726
Ranked #28 of 200 counties
54Moderate
Median Home Price
๐$210K
4.5% YoY
Median Rent
๐$1,100
Median Income
๐ฐ$48K
Rent Burden
๐30.5%
% of income to rent
Housing Shortage
๐๏ธ10,000
estimated unit deficit
Building Permits (2024)
๐3,200
Price-to-Income Ratio
โ๏ธ4.4x
Homeownership Rate
๐ก50.0%
How Milwaukee County Compares
| Metric | Milwaukee County | Wisconsin | National |
|---|---|---|---|
| Home Price | $210K | $273K | $410K |
| Rent | $1,100 | $1,071 | $1,500 |
| Income | $48K | $75K | $75K |
| Rent Burden | 30.5% | 29.0% | 30.0% |
| Homeownership | 50.0% | 68.0% | 65.0% |
Key Takeaways
- โข Home prices are 49% below the national average.
- โข Rent is 27% below the national average.
- โข The county has an estimated housing shortage of 10,000 units.
- โข 3,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 4.5%.