Interested in purchasing investment houses in the 53209 zip code in Milwaukee, WI?
The zip code 53209 is in Milwaukee county with a latitude of -87.947070000000 and longitude of 43.128430000000, is in the state of Wisconsin. The average asking price of houses and condos is $111,329.00 and the average sale price was $85,661.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 43° 7' 42.348" N, 87° 56' 49.452" W. The county F.I.P.S. is 55079. This zip code contains three cities including Milwaukee, WI (60.83%), Glendale, WI (31.48%), and Brown Deer, WI (7.69%) The total land area is 10.9 square miles and the water area is 0.1 square miles. The elevation in this area is 653 - 676 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53209 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 47,124 in 2019 and 46,917 in 2010. This further breaks down to 21,493 males (45.6%) and 25,631 females (54.4%). The median age of residents is 34.3 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 4,327. This zip code has a combined total of 21,335 houses and condos. There are 10,290 rented appartments. 54% of residents rent versus the 54% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $37,969 and the average salary is $33,478. The median household income of individuals is $40,185.00 and the average is $42,680.00. This zip code has a mean commute time to work of 22.6 minutes. The unemployment rate is 7.5%. Income earners by percent breakdown as 60.50% (Under $50,000), 27.20% ($50,000-$100,000), and 12.20% earn over $100,000. 25.1% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 97.0. The educational breakdown is 89.1% have a high school education or higher, 23.5% have a bachelor's degree or higher, and 8.8% have some kind of profesional degree.
This area has 18,841 households and the average size is 2.5 people. Individuals who are single and have never been married are 51.6%, 29.6% are now married, 1.7% are separated, 6.2% are widowed, and 10.9% are divorced. The average yearly contribution amount given by people to charity was $3,761 versus the state average of $3,370. The percent of residents who gave to charity was 19.9%.
The estimated median value of houses and condos is $104,383. The median monthly owner costs of mortgage holders was $1,245, where as the costs for those who don't have a mortgage are $540. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $2,658. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,320. The median housing property tax percent for residents with mortgages was 2.6% which amounted to an average tax amount of $2,703. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.4% which amounted to an average tax amount of $2,566. Reported taxable interest for persons was $1,321, dividends $5,246, capital gains +$6,161, and itemized deductions $18,662. The average earned income tax credit is $2,754. The percent of individuals that use a tax preparer is 43.9%. The total average income taxes paid by individuals was $8,266. Businesses reported an average profit of $9,261.
Royal Garden Chinese Restaurant
206 W Silver Spring Dr, Milwaukee, WI 53217 (2.6 miles away)
Kitts Frozen Custard
7000 W Capitol Dr, Milwaukee, WI 53216 (2.6 miles away)
J & J Fish & Chicken
6610 N 76th St, Milwaukee, WI 53223 (3.7 miles away)
Athens Family Restaurant
5547 N Lovers Lane Rd, Milwaukee, WI 53225 (4.4 miles away)
Red Lobster
2801 N Mayfair Rd, Wauwatosa, WI 53222 (4.7 miles away)
Saz's State House
5539 W State St, Milwaukee, WI 53208 (4.9 miles away)