Interested in purchasing investment houses in the 53221 zip code in Milwaukee, WI?
The zip code 53221 is in Milwaukee county with a latitude of -87.943940000000 and longitude of 42.954070000000, is in the state of Wisconsin. The average asking price of houses and condos is $150,276.00 and the average sale price was $132,982.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 42° 57' 14.652" N, 87° 56' 38.184" W. The county F.I.P.S. is 55079. This zip code contains three cities including Milwaukee, WI (68.18%), Greenfield, WI (29.65%), and Franklin, WI (2.17%) The total land area is 9.2 square miles and the water area is 0.0 square miles. The elevation in this area is 666 - 751 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53221 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 40,546 in 2019 and 37,701 in 2010. This further breaks down to 19,939 males (49.2%) and 20,607 females (50.8%). The median age of residents is 38.7 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 4,404. This zip code has a combined total of 17,107 houses and condos. There are 6,433 rented appartments. 40% of residents rent versus the 40% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $44,254 and the average salary is $40,410. The median household income of individuals is $52,764.00 and the average is $49,190.00. This zip code has a mean commute time to work of 23.9 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 46.70% (Under $50,000), 38.40% ($50,000-$100,000), and 14.90% earn over $100,000. 12.5% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 97.4. The educational breakdown is 86.3% have a high school education or higher, 22.8% have a bachelor's degree or higher, and 6.6% have some kind of profesional degree.
This area has 15,858 households and the average size is 2.5 people. Individuals who are single and have never been married are 33.0%, 45.3% are now married, 1.5% are separated, 7.2% are widowed, and 13.0% are divorced. The average yearly contribution amount given by people to charity was $2,082 versus the state average of $3,370. The percent of residents who gave to charity was 25.8%.
The estimated median value of houses and condos is $167,521. The median monthly owner costs of mortgage holders was $1,427, where as the costs for those who don't have a mortgage are $637. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $4,020. 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 2.4% which amounted to an average tax amount of $4,021. 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 $4,036. Reported taxable interest for persons was $857, dividends $2,207, capital gains +$2,936, and itemized deductions $17,558. The average earned income tax credit is $2,331. The percent of individuals that use a tax preparer is 52.0%. The total average income taxes paid by individuals was $8,495. Businesses reported an average profit of $10,069.
Houlihan's
6331 S 13th St, Milwaukee, WI 53221
Marco's "World Famous" Pizza - Southeast
6234 S 27th St, Milwaukee, WI 53221
Meyer's Restaurant & Bar
4260 S 76th St, Milwaukee, WI 53220 (2.5 miles away)
LongHorn Steakhouse
5220 S 76th St, Greendale, WI 53129 (2.8 miles away)
The Packing House
900 E Layton Ave, Milwaukee, WI 53207 (2.9 miles away)
Saraphino's
3074 E Layton Ave, Saint Francis, WI 53235 (4 miles away)
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