Milwaukee-Waukesha, WI · Wisconsin
Waukesha County
409,040 residents1,241 permits TTM$104,100 median HHI26 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$373,600
ACS 5-Year
Cap rate proxy
4.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.0%
HUD FMR ÷ ACS HHI
Net migration
+2.22%
IRS SOI
Permits (TTM)
1,241
Census BPS
Climate risk
88.9
FEMA NRI (0–100)
ZIP code breakdown26 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 53007 | — | — | — | 5.6% | — |
| 53045 | — | — | — | 5.2% | — |
| 53186 | — | — | — | 4.7% | — |
| 53188 | — | — | — | 4.7% | — |
| 53005 | — | — | — | 4.5% | — |
| 53051 | — | — | — | 4.4% | — |
| 53069 | — | — | — | 4.2% | — |
| 53127 | — | — | — | 4.2% | — |
| 53029 | — | — | — | 4.0% | — |
| 53146 | — | — | — | 3.7% | — |
| 53151 | — | — | — | 3.6% | — |
| 53066 | — | — | — | 3.4% | — |
| 53103 | — | — | — | 3.3% | — |
| 53153 | — | — | — | 3.3% | — |
| 53189 | — | — | — | 3.2% | — |
| 53149 | — | — | — | 3.2% | — |
| 53150 | — | — | — | 3.1% | — |
| 53119 | — | — | — | 3.1% | — |
| 53046 | — | — | — | 3.1% | — |
| 53089 | — | — | — | 3.0% | — |
| 53072 | — | — | — | 3.0% | — |
| 53183 | — | — | — | 3.0% | — |
| 53118 | — | — | — | 2.7% | — |
| 53018 | — | — | — | 2.4% | — |
| 53122 | — | — | — | 2.4% | — |
| 53058 | — | — | — | 2.2% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
76.4%
Census ACS
Vacancy rate
3.9%
Census ACS
Bachelor's degree +
47.9%
Census ACS
Rent burdened
42.9%
Census ACS (>30% income)
Median age
43.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026