Zip 53212 (Milwaukee, WI) Economy


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Milwaukee, WI 53212 is one of the most affordable places to live in the United States. The average 2 bedroom rent is just $1,070 compared to the US average of $1,430. Grocery costs are also very reasonable in this area with an index of 93 versus 100 in the US.
Living in Milwaukee has many advantages as it is home to many large companies such as Miller Coors Brewing Company, Harley-Davidson Motor Company and Northwestern Mutual Life Insurance Company. These companies provide plenty of job opportunities for local residents. Additionally, Milwaukee is known for its vibrant music scene and numerous art festivals that bring locals together throughout the year.

Milwaukee (zip 53212) has an unemployment rate of 7.4%. The US average is 6.0%.

Milwaukee (zip 53212) 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 53212)
- The Sales Tax Rate for Milwaukee (zip 53212) is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Milwaukee (zip 53212) 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 53212)
- The average income of a Milwaukee (zip 53212) resident is $19,021 a year. The US average is $28,555 a year.
- The Median household income of a Milwaukee (zip 53212) resident is $40,662 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilwaukee, WisconsinUnited States
  7.46
  -4.5%-6.2%
  28.3%33.5%
  5.6%6.2%
  6.3%4.6%
  $28,261$37,638
  $40,662$69,021
  $41,971$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  4.9%6.8%
  12.1%10.0%
  0.9%2.5%
  9.6%11.0%
  5.1%4.8%
  0.6%0.8%
  2.1%1.9%
  2.6%4.7%
  0.8%1.9%
  7.6%7.6%
  0.1%0.1%
  5.0%4.2%
  11.3%9.3%
  17.3%14.0%
  2.8%2.1%
  8.7%7.0%
  4.8%4.8%
  3.3%4.7%
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