Milwaukee, WI 53278 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Milwaukee, WI — 53278
Median Listing Price
--
Population
--
Households
392,399
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
427K
units
Occupied
392,399
92.0%
Vacant
34,316
8.0%
2024 Tenure
392K
occupied
Owner
195,766
49.9%
Renter
196,633
50.1%
Renter Share
50.1%
-0.2% YoY
Total Housing Units
426,715
+0.7% YoY
FY2026 Fair Market Rent — Milwaukee County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,027
/month
1 BR
$1,119
/month
2 BR
$1,338
/month
3 BR
$1,648
/month
4 BR
$1,784
/month
FMR Trends — Milwaukee County
Source: HUD Fair Market Rents
County Demographics
Median Age
35.5
2024
Population
Milwaukee County Population
924,740
+0.3% YoY
Households
Total Households
392,399
+0.9% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.31
-0.9% YoY
Age
2024 Age Mix
926K
residents
Under 18
219,441
23.7%
Adults 18–64
570,309
61.6%
65 & Over
136,581
14.7%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
219,441
-1.0% YoY
Population 65 & Over
136,581
+2.3% YoY
Median Age
35.50
+0.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
87.0%
Moved (within US)
12.6%
Other
0.4%
Veterans
4.3%
-4.4% YoY
County Economy
Income
Median Household Income
$64K
+3.7% YoY
Per-Capita Income
$38K
+3.9% YoY
Mean Household Income
$89K
+3.2% YoY
Poverty
Below Poverty Level
17.2%
-1.7% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
68.9%
Public transit
3.4%
Worked from home
14.4%
Other
13.3%
Worked From Home
14.4%
+13.4% YoY
Mean Commute
22.20
-0.4% YoY
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