Interested in purchasing investment houses in the 53227 zip code in Milwaukee, WI?
The zip code 53227 is in Milwaukee county with a latitude of -88.042520000000 and longitude of 42.995550000000, is in the state of Wisconsin. The average asking price of houses and condos is $162,976.00 and the average sale price was $132,804.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 42° 59' 43.98" N, 88° 2' 33.072" W. The county F.I.P.S. is 55079. This zip code contains three cities including West Allis, WI (87.83%), Milwaukee, WI (9.87%), and Greenfield, WI (2.30%) The total land area is 5.1 square miles and the water area is 0.0 square miles. The elevation in this area is 755 - 764 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53227 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 23,866 in 2019 and 23,357 in 2010. This further breaks down to 11,537 males (48.3%) and 12,329 females (51.7%). The median age of residents is 39.0 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 4,688. This zip code has a combined total of 11,582 houses and condos. There are 5,932 rented appartments. 54% of residents rent versus the 54% 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 $44,484 and the average salary is $41,220. The median household income of individuals is $50,018.00 and the average is $51,270.00. This zip code has a mean commute time to work of 21.5 minutes. The unemployment rate is 2.1%. Income earners by percent breakdown as 50.00% (Under $50,000), 37.90% ($50,000-$100,000), and 12.10% earn over $100,000. 9.6% 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 93.5% have a high school education or higher, 28.5% have a bachelor's degree or higher, and 8.7% have some kind of profesional degree.
This area has 10,945 households and the average size is 2.1 people. Individuals who are single and have never been married are 39.3%, 40.7% are now married, 0.4% are separated, 6.1% are widowed, and 13.5% are divorced. The average yearly contribution amount given by people to charity was $2,083 versus the state average of $3,370. The percent of residents who gave to charity was 27.0%.
The estimated median value of houses and condos is $175,261. The median monthly owner costs of mortgage holders was $1,471, where as the costs for those who don't have a mortgage are $609. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $4,170. 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 $4,173. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.4% which amounted to an average tax amount of $4,181. Reported taxable interest for persons was $1,038, dividends $2,722, capital gains +$3,518, and itemized deductions $17,610. The average earned income tax credit is $1,868. The percent of individuals that use a tax preparer is 46.6%. The total average income taxes paid by individuals was $8,141. Businesses reported an average profit of $10,014.
Big Tuna
3624 S Moorland Rd, New Berlin, WI 53151 (3.1 miles away)
Meyer's Restaurant & Bar
4260 S 76th St, Milwaukee, WI 53220 (3.5 miles away)
McCormick & Schmick's Seafood Restaurant
2550 N Mayfair Rd, Milwaukee, WI 53226 (3.8 miles away)
That's Amore
5080 S 108th St, Hales Corners, WI 53130 (3.8 miles away)
Milwaukee Steakhouse
6024 W Bluemound Rd, Milwaukee, WI 53213 (4.1 miles away)
Wild Olive Inc
13275 Watertown Plank Rd, Elm Grove, WI 53122 (4.4 miles away)
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