Milwaukee, WI (53203) is a great place for those looking to settle down. With an average 2 bedroom rent of $1,600, it is only slightly higher than the US average of $1,430. Additionally, grocery costs in the area are only 1% higher than the US average at 101 versus 100. There is plenty to do and see in Milwaukee as well. Some popular local attractions include the Milwaukee Art Museum, Discovery World Science and Technology Center, and Pabst Theater. For entertainment seekers there is the Historic Third Ward neighborhood with its unique restaurants and galleries. Lastly, local employers such as Northwestern Mutual Life Insurance Company, Johnson Controls International plc., and Rockwell Automation can help provide steady employment opportunities for those who choose to stay long term in Milwaukee.
Milwaukee (zip 53203) has an unemployment rate of 7.4%. The US average is 6.0%.
Milwaukee (zip 53203) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Milwaukee (zip 53203)
- The Sales Tax Rate for Milwaukee (zip 53203) is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Milwaukee (zip 53203) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milwaukee (zip 53203)
- The average income of a Milwaukee (zip 53203) resident is $57,942 a year. The US average is $28,555 a year.
- The Median household income of a Milwaukee (zip 53203) resident is $79,524 a year. The US average is $69,021 a year.