Interested in purchasing investment houses in the 53204 zip code in Milwaukee, WI?
The zip code 53204 is in Milwaukee county with a latitude of -87.925490000000 and longitude of 43.018270000000, is in the state of Wisconsin. The average asking price of houses and condos is $68,395.00 and the average sale price was $46,750.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 43° 1' 5.772" N, 87° 55' 31.764" W. The county F.I.P.S. is 55079. The total land area is 3.3 square miles and the water area is 0.1 square miles. The elevation in this area is 633 - 650 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53204 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 39,099 in 2019 and 42,355 in 2010. This further breaks down to 20,026 males (51.2%) and 19,072 females (48.8%). The median age of residents is 29.2 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 11,915. This zip code has a combined total of 15,398 houses and condos. There are 9,859 rented appartments. 74% of residents rent versus the 74% 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 $25,420 and the average salary is $24,533. The median household income of individuals is $31,685.00 and the average is $34,770.00. This zip code has a mean commute time to work of 23.7 minutes. The unemployment rate is 7.4%. Income earners by percent breakdown as 72.30% (Under $50,000), 21.90% ($50,000-$100,000), and 5.80% earn over $100,000. 35.2% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 96.4. The educational breakdown is 62.1% have a high school education or higher, 11.5% have a bachelor's degree or higher, and 3.8% have some kind of profesional degree.
This area has 12,802 households and the average size is 2.9 people. Individuals who are single and have never been married are 51.0%, 34.4% are now married, 3.2% are separated, 2.9% are widowed, and 8.5% are divorced. The average yearly contribution amount given by people to charity was $3,809 versus the state average of $3,370. The percent of residents who gave to charity was 3.0%.
The estimated median value of houses and condos is $83,594. The median monthly owner costs of mortgage holders was $1,026, where as the costs for those who don't have a mortgage are $453. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 2.2% which equated to an average real estate tax amount payment of $1,802. 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 2.0% which amounted to an average tax amount of $1,916. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.3% which amounted to an average tax amount of $1,679. Reported taxable interest for persons was $430, dividends $1,917, capital gains +$3,143, and itemized deductions $20,693. The average earned income tax credit is $2,732. The percent of individuals that use a tax preparer is 50.8%. The total average income taxes paid by individuals was $9,867. Businesses reported an average profit of $9,615.
Crazy Water
839 S 2nd St, Milwaukee, WI 53204
The Capital Grille
310 W Wisconsin Ave, Milwaukee, WI 53203 (1.9 miles away)
Saz's State House
5539 W State St, Milwaukee, WI 53208 (2.8 miles away)
Fire On Water
518 N Water St, Milwaukee, WI 53202 (3 miles away)
The Packing House
900 E Layton Ave, Milwaukee, WI 53207 (3.4 miles away)
Milwaukee Steakhouse
6024 W Bluemound Rd, Milwaukee, WI 53213 (4.2 miles away)