Income & Economy in Milwaukee city, WI (53209)
Median Income
$45,288
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,623
Wealth inflow
Population
44,963
Unemployment
8.7%
5.0pp above US avg
IRS migration statistics show a net inflow of about 2,623 for ZIP 53209 (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 53209 (2020–Present)
Since 2020, population declined 6.9%, median income rose 3.2% (inflation-adjusted), home values increased 21.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $45,288 |
| Unemployment | 8.7% |
| Establishments | 824 |
| Employees | 14,979 |