Interested in purchasing investment houses in the 53225 zip code in Milwaukee, WI?
The zip code 53225 is in Milwaukee county with a latitude of -88.041860000000 and longitude of 43.115010000000, is in the state of Wisconsin. The average asking price of houses and condos is $113,605.00 and the average sale price was $97,588.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 43° 6' 54.036" N, 88° 2' 30.696" W. The county F.I.P.S. is 55079. This zip code contains three cities including Milwaukee, WI (81.14%), Wauwatosa, WI (18.32%), and Menomonee Falls, WI (0.54%) The total land area is 6.9 square miles and the water area is 0.0 square miles. The elevation in this area is 738 - 748 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53225 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 26,840 in 2019 and 25,706 in 2010. This further breaks down to 12,400 males (46.2%) and 14,440 females (53.8%). The median age of residents is 33.6 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 3,907. This zip code has a combined total of 10,874 houses and condos. There are 6,046 rented appartments. 60% of residents rent versus the 60% 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 $35,215 and the average salary is $32,848. The median household income of individuals is $48,399.00 and the average is $40,380.00. This zip code has a mean commute time to work of 21.7 minutes. The unemployment rate is 6.2%. Income earners by percent breakdown as 51.80% (Under $50,000), 35.60% ($50,000-$100,000), and 12.60% earn over $100,000. 18.3% 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 87.5% have a high school education or higher, 20.2% have a bachelor's degree or higher, and 6.2% have some kind of profesional degree.
This area has 9,617 households and the average size is 2.6 people. Individuals who are single and have never been married are 49.1%, 32.5% are now married, 1.6% are separated, 5.9% are widowed, and 10.9% are divorced. The average yearly contribution amount given by people to charity was $2,854 versus the state average of $3,370. The percent of residents who gave to charity was 19.4%.
The estimated median value of houses and condos is $141,867. The median monthly owner costs of mortgage holders was $1,384, where as the costs for those who don't have a mortgage are $590. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $3,556. 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 $3,656. 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 $3,285. Reported taxable interest for persons was $780, dividends $3,340, capital gains +$1,965, and itemized deductions $17,221. The average earned income tax credit is $2,781. The percent of individuals that use a tax preparer is 43.6%. The total average income taxes paid by individuals was $6,995. Businesses reported an average profit of $8,214.
Athens Family Restaurant
5547 N Lovers Lane Rd, Milwaukee, WI 53225
Bottoms Up Tavern
12504 W Hampton Ave, Butler, WI 53007 (2 miles away)
Red Lobster
2801 N Mayfair Rd, Wauwatosa, WI 53222 (2.3 miles away)
Kitts Frozen Custard
7000 W Capitol Dr, Milwaukee, WI 53216 (3.7 miles away)
J & J Fish & Chicken
6610 N 76th St, Milwaukee, WI 53223 (4 miles away)
McCormick & Schmick's Seafood Restaurant
2550 N Mayfair Rd, Milwaukee, WI 53226 (4.6 miles away)