Income & Economy in Milwaukee city, WI (53205)
Median Income
$30,300
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+530
Wealth inflow
Population
9,091
Unemployment
12.0%
8.3pp above US avg
IRS migration statistics show a net inflow of about 530 for ZIP 53205 (Milwaukee city, WI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 53205 (2020–Present)
Since 2020, population declined 0.3%, median income rose 25.0% (inflation-adjusted), home values increased 29.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $30,300 |
| Unemployment | 12.0% |
| Establishments | 142 |
| Employees | 1,460 |