Income & Economy in Milwaukee city, WI (53212)
Median Income
$42,679
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,697
Wealth inflow
Population
29,099
Unemployment
7.9%
4.2pp above US avg
IRS migration statistics show a net inflow of about 1,697 for ZIP 53212 (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 53212 (2020–Present)
Since 2020, population declined 3.4%, median income fell 7.4% (inflation-adjusted), home values increased 12.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $42,679 |
| Unemployment | 7.9% |
| Establishments | 1,121 |
| Employees | 22,190 |