Milwaukee County

Wisconsin ยท Pop. 945,726

Ranked #28 of 200 counties

54Moderate

Median Home Price

๐Ÿ 

$210K

4.5% YoY

Median Rent

๐Ÿ”‘

$1,100

Median Income

๐Ÿ’ฐ

$48K

Rent Burden

๐Ÿ“Š

30.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

10,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

3,200

Price-to-Income Ratio

โš–๏ธ

4.4x

Homeownership Rate

๐Ÿก

50.0%

How Milwaukee County Compares

MetricMilwaukee CountyWisconsinNational
Home Price$210K$273K$410K
Rent$1,100$1,071$1,500
Income$48K$75K$75K
Rent Burden30.5%29.0%30.0%
Homeownership50.0%68.0%65.0%

Key Takeaways

  • โ€ข Home prices are 49% below the national average.
  • โ€ข Rent is 27% below the national average.
  • โ€ข The county has an estimated housing shortage of 10,000 units.
  • โ€ข 3,200 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 4.5%.