Income & Economy in Milwaukee city, WI (53206)
Median Income
$28,995
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,179
Wealth inflow
Population
20,219
Unemployment
10.9%
7.2pp above US avg
IRS migration statistics show a net inflow of about 1,179 for ZIP 53206 (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 53206 (2020–Present)
Since 2020, population declined 14.4%, median income fell 15.8% (inflation-adjusted), home values increased 27.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $28,995 |
| Unemployment | 10.9% |
| Establishments | 182 |
| Employees | 1,319 |