The Milwaukee, WI zip code 53216 has an average 2 bedroom rent rate of $1,020 and a grocery cost index of 91 as compared to the national average of 100. This makes it one of the more affordable places to live in the US. Popular companies located in 53216 include water filtration company WaterfiltersFast, home technology business Rain Technology Solutions, and family-owned auto mechanic shop Doctor Bobs Service Center. Other notable businesses include pizza maker Papa Johns and Mission BBQ restaurant.
Milwaukee (zip 53216) has an unemployment rate of 7.4%. The US average is 6.0%.
Milwaukee (zip 53216) has seen the job market decrease by -4.5% 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 53216)
- The Sales Tax Rate for Milwaukee (zip 53216) is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Milwaukee (zip 53216) 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 53216)
- The average income of a Milwaukee (zip 53216) resident is $20,474 a year. The US average is $37,638 a year.
- The Median household income of a Milwaukee (zip 53216) resident is $35,829 a year. The US average is $69,021 a year.