Interested in purchasing investment houses in the 53224 zip code in Milwaukee, WI?
The zip code 53224 is in Milwaukee county with a latitude of -88.039640000000 and longitude of 43.163310000000, is in the state of Wisconsin. The average asking price of houses and condos is $138,191.00 and the average sale price was $131,536.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 43° 9' 47.916" N, 88° 2' 22.704" W. The county F.I.P.S. is 55079. The total land area is 9.8 square miles and the water area is 0.0 square miles. The elevation in this area is 738 - 761 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53224 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 22,551 in 2019 and 21,284 in 2010. This further breaks down to 10,715 males (47.5%) and 11,835 females (52.5%). The median age of residents is 31.0 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 2,296. This zip code has a combined total of 8,703 houses and condos. There are 4,120 rented appartments. 51% of residents rent versus the 51% 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 $42,848 and the average salary is $38,657. The median household income of individuals is $51,728.00 and the average is $47,380.00. This zip code has a mean commute time to work of 24.0 minutes. The unemployment rate is 6.9%. Income earners by percent breakdown as 48.10% (Under $50,000), 36.30% ($50,000-$100,000), and 15.60% earn over $100,000. 17.6% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 97.6. The educational breakdown is 88.8% have a high school education or higher, 25.7% have a bachelor's degree or higher, and 9.8% have some kind of profesional degree.
This area has 7,781 households and the average size is 2.8 people. Individuals who are single and have never been married are 46.2%, 38.3% are now married, 1.3% are separated, 5.0% are widowed, and 9.2% are divorced. The average yearly contribution amount given by people to charity was $3,981 versus the state average of $3,370. The percent of residents who gave to charity was 24.9%.
The estimated median value of houses and condos is $162,987. The median monthly owner costs of mortgage holders was $1,405, where as the costs for those who don't have a mortgage are $594. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 2.3% which equated to an average real estate tax amount payment of $3,748. 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 2.3% which amounted to an average tax amount of $3,810. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.6% which amounted to an average tax amount of $3,594. Reported taxable interest for persons was $665, dividends $3,149, capital gains +$1,011, and itemized deductions $20,842. The average earned income tax credit is $2,869. The percent of individuals that use a tax preparer is 44.4%. The total average income taxes paid by individuals was $9,247. Businesses reported an average profit of $7,674.
J & J Fish & Chicken
6610 N 76th St, Milwaukee, WI 53223 (2.2 miles away)
Athens Family Restaurant
5547 N Lovers Lane Rd, Milwaukee, WI 53225 (3 miles away)
De Marinis Pizzeria
N88 Main St, Menomonee Falls, WI 53051 (4 miles away)
Bottoms Up Tavern
12504 W Hampton Ave, Butler, WI 53007 (4.2 miles away)
Red Lobster
2801 N Mayfair Rd, Wauwatosa, WI 53222 (5.3 miles away)
Kitts Frozen Custard
7000 W Capitol Dr, Milwaukee, WI 53216 (5.9 miles away)