Interested in purchasing investment houses in the 53220 zip code in Milwaukee, WI?
The zip code 53220 is in Milwaukee county with a latitude of -87.991370000000 and longitude of 42.965120000000, is in the state of Wisconsin. The average asking price of houses and condos is $153,099.00 and the average sale price was $134,291.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 42° 57' 54.432" N, 87° 59' 28.932" W. The county F.I.P.S. is 55079. This zip code contains three cities including Greenfield, WI (69.64%), Milwaukee, WI (30.09%), and Greendale, WI (0.27%) The total land area is 5.5 square miles and the water area is 0.0 square miles. The elevation in this area is 705 - 761 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53220 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 26,647 in 2019 and 26,303 in 2010. This further breaks down to 13,363 males (50.2%) and 13,283 females (49.8%). The median age of residents is 40.6 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 4,813. This zip code has a combined total of 12,118 houses and condos. There are 4,569 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 $44,028 and the average salary is $40,738. The median household income of individuals is $52,918.00 and the average is $50,530.00. This zip code has a mean commute time to work of 24.1 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 46.00% (Under $50,000), 40.50% ($50,000-$100,000), and 13.50% earn over $100,000. 10.4% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 97.1. The educational breakdown is 90.2% have a high school education or higher, 24.3% have a bachelor's degree or higher, and 5.3% have some kind of profesional degree.
This area has 11,778 households and the average size is 2.3 people. Individuals who are single and have never been married are 36.7%, 41.9% are now married, 1.7% are separated, 6.3% are widowed, and 13.3% are divorced. The average yearly contribution amount given by people to charity was $1,988 versus the state average of $3,370. The percent of residents who gave to charity was 25.6%.
The estimated median value of houses and condos is $170,727. The median monthly owner costs of mortgage holders was $1,455, where as the costs for those who don't have a mortgage are $613. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $4,122. 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 $4,093. 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 $4,188. Reported taxable interest for persons was $837, dividends $2,305, capital gains +$2,405, and itemized deductions $16,854. The average earned income tax credit is $1,996. The percent of individuals that use a tax preparer is 48.8%. The total average income taxes paid by individuals was $8,153. Businesses reported an average profit of $9,347.
Meyer's Restaurant & Bar
4260 S 76th St, Milwaukee, WI 53220
LongHorn Steakhouse
5220 S 76th St, Greendale, WI 53129 (1.3 miles away)
Houlihan's
6331 S 13th St, Milwaukee, WI 53221 (2.5 miles away)
That's Amore
5080 S 108th St, Hales Corners, WI 53130 (3.1 miles away)
Casa Di Giorgio
3137 W Rawson Ave, Franklin, WI 53132 (3.8 miles away)
The Packing House
900 E Layton Ave, Milwaukee, WI 53207 (5.2 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
