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Milwaukee County Housing Market

Wisconsin · 72 counties · Ranked #2088 in home value

Below National Avg

Housing at a Glance

Median Home Value

$216,500

vs national$216,500 vs $281,900 national

Median Gross Rent

$1,069/mo

vs national$1,069 vs $1,163 national

Effective Tax Rate

2.04%

vs national+2.04% vs 1.02% national

Median Household Income

$62,118

vs national$62,118 vs $74,755 national

Affordability Ratio

3.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$4,406

Tax as % of Home Value

2.04%

Monthly Owner Cost

$1,332

Renter Income

$42,644

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Mortgage

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Home Search

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Milwaukee County?

The median home value in Milwaukee County is $216,500. This is below the national median of $281,900.

How much is rent in Milwaukee County?

The median gross rent in Milwaukee County is $1,069 per month.

What is the property tax rate in Milwaukee County?

The effective property tax rate in Milwaukee County is 2.04%. The median annual property tax bill is $4,406.

Is Milwaukee County affordable?

With a home-value-to-income ratio of 3.5x, Milwaukee County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.