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Area data

Milwaukee, WI — ZIP 53221

Population: 38,044 (Census ACS)

Home values & appreciation

Median home value
$298,652
1-year appreciation
+3.7%
3-year appreciation
+16.1%
5-year appreciation
+35.2%
10-year appreciation
+118.1%
All-time peak (2026-07)
$298,652
House Price Index
459.9 (+5.7% YoY)

Market activity

Median sale price
$295,000
Median list price
$283,450
Median days on market
36 days
Sale-to-list ratio
102.0%
Active listings
49
1-year forecast
+2.3%
New listings (monthly)
34

Rents

Typical rent
$1,309/mo
1-year rent change
+2.6%
1BR fair-market rent
$978/mo
3BR fair-market rent
$1,599/mo

Affordability

Cost of living index (Below Average)
93.0 (100 = US avg)
Electricity rate (state-level)
18.2¢/kWh
Natural gas rate (state-level)
$10.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
7
Middle schools
1
High schools
1
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, tornado, winterWeather, heatWave, inlandFlooding
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
56.0°F
Average low
44.0°F
Annual precipitation
41.4 in
Annual snowfall
37.8 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
166
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
13.8 / 20
Transit service frequency
425

Amenities

Nearest airport
General Mitchell International Airport (MKE) (2 mi)
Nearest major airport
General Mitchell International Airport (MKE) (2 mi)
Hospitals nearby (~15 mi)
14
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-4,168 tax filers

Housing stock

Median year housing built
1,967
Median annual property tax
$4,167
Mean commute to work
22 min
Households with broadband internet
75.9%

Employment & development

Total county employment
415,844
Average weekly wage
$1,276
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
187

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents