Interested in purchasing investment houses in the 53208 zip code in Milwaukee, WI?
The zip code 53208 is in Milwaukee county with a latitude of -87.965590000000 and longitude of 43.046620000000, is in the state of Wisconsin. The average asking price of houses and condos is $122,431.00 and the average sale price was $80,731.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 43° 2' 47.832" N, 87° 57' 56.124" W. The county F.I.P.S. is 55079. This zip code contains two cities including Milwaukee, WI (99.49%), and Wauwatosa, WI (0.51%) The total land area is 3.9 square miles and the water area is 0.0 square miles. The elevation in this area is 653 - 679 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53208 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 30,489 in 2019 and 31,133 in 2010. This further breaks down to 14,395 males (47.2%) and 16,094 females (52.8%). The median age of residents is 31.8 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 7,812. This zip code has a combined total of 14,541 houses and condos. There are 7,758 rented appartments. 63% of residents rent versus the 63% 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 $34,251 and the average salary is $31,973. The median household income of individuals is $33,244.00 and the average is $40,860.00. This zip code has a mean commute time to work of 22.5 minutes. The unemployment rate is 6.4%. Income earners by percent breakdown as 67.40% (Under $50,000), 24.10% ($50,000-$100,000), and 8.50% earn over $100,000. 26.6% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 98.3. The educational breakdown is 85.7% have a high school education or higher, 28.8% have a bachelor's degree or higher, and 10.6% have some kind of profesional degree.
This area has 12,159 households and the average size is 2.5 people. Individuals who are single and have never been married are 55.0%, 29.7% are now married, 2.2% are separated, 3.4% are widowed, and 9.6% are divorced. The average yearly contribution amount given by people to charity was $3,085 versus the state average of $3,370. The percent of residents who gave to charity was 14.6%.
The estimated median value of houses and condos is $156,906. The median monthly owner costs of mortgage holders was $1,401, where as the costs for those who don't have a mortgage are $593. The median number of rooms in houses and condos are 6.9 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 $3,640. 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 $3,786. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.5% which amounted to an average tax amount of $3,293. Reported taxable interest for persons was $530, dividends $2,176, capital gains +$4,543, and itemized deductions $17,511. The average earned income tax credit is $2,755. The percent of individuals that use a tax preparer is 42.9%. The total average income taxes paid by individuals was $8,448. Businesses reported an average profit of $9,614.
Saz's State House
5539 W State St, Milwaukee, WI 53208
Milwaukee Steakhouse
6024 W Bluemound Rd, Milwaukee, WI 53213 (2 miles away)
The Capital Grille
310 W Wisconsin Ave, Milwaukee, WI 53203 (2.5 miles away)
Kitts Frozen Custard
7000 W Capitol Dr, Milwaukee, WI 53216 (2.6 miles away)
Crazy Water
839 S 2nd St, Milwaukee, WI 53204 (2.8 miles away)
Fire On Water
518 N Water St, Milwaukee, WI 53202 (3.3 miles away)