Milwaukee, Wisconsin (ZIP Code: 53218) is a great place to live with many amenities. The average 2 bedroom rent is $1,020, which is significantly lower than the US average of $1,430. Major companies in Milwaukee include the Northwestern Mutual, Harley-Davidson Motor Company, The Rockwell Automation Corporation, and the Johnson Controls Company. Furthermore, there are numerous grocery stores in Milwaukee that contain a variety of items at prices that are cheaper than national averages. According to the given content above, the Grocery Cost Index in Milwaukee is 91 compared to 100 in the US. This makes living in Milwaukee much more affordable and convenient for locals and visitors alike.
Milwaukee (zip 53218) has an unemployment rate of 7.4%. The US average is 6.0%.
Milwaukee (zip 53218) 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 53218)
- The Sales Tax Rate for Milwaukee (zip 53218) is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Milwaukee (zip 53218) 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 53218)
- The average income of a Milwaukee (zip 53218) resident is $15,102 a year. The US average is $28,555 a year.
- The Median household income of a Milwaukee (zip 53218) resident is $39,820 a year. The US average is $69,021 a year.