Milwaukee-Waukesha, WI · Wisconsin

Waukesha County

ZIP 53118

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 53118

Median home value

Gross yield

Buy Box score

0.8

Section 8 gap

Affordability

P/I: 5.5R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown26 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
530071.0
531460.9
531510.9
531030.9
531530.9
531890.9
531490.9
531500.9
531190.9
530460.9
530890.9
530720.9
531830.9
531180.8
531860.8
530180.7
531220.7
531880.7
530450.7
530510.6
530580.6
530050.6
530660.3
530290.3
53069
53127

Sort by any column. Click a ZIP for detail.

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

Data sources
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