53221 Milwaukee, WI is a great place to live and work. With an average two bedroom rent of $1,120 compared to the US average of $1,430, it is very affordable for most budgets. The Grocery Cost Index in 53221 Milwaukee, WI is 94 versus 100 in the US making groceries an affordable option as well. Not only that but there are many local businesses such as Cousins Subs, Groppi's Food Market and Lakefront Brewery that create a vibrant atmosphere for both residents and visitors alike.
Milwaukee (zip 53221) has an unemployment rate of 7.4%. The US average is 6.0%.
Milwaukee (zip 53221) 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 53221)
- The Sales Tax Rate for Milwaukee (zip 53221) is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Milwaukee (zip 53221) 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 53221)
- The average income of a Milwaukee (zip 53221) resident is $23,314 a year. The US average is $28,555 a year.
- The Median household income of a Milwaukee (zip 53221) resident is $52,382 a year. The US average is $69,021 a year.