Income & Economy in Milwaukee city, WI (53207)
Median Income
$79,576
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,015
Wealth inflow
Population
34,536
Unemployment
3.3%
0.4pp below US avg
IRS migration statistics show a net inflow of about 2,015 for ZIP 53207 (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 53207 (2020–Present)
Since 2020, population declined 6.9%, median income rose 1.3% (inflation-adjusted), home values increased 14.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $79,576 |
| Unemployment | 3.3% |
| Establishments | 845 |
| Employees | 14,103 |