Milwaukee city, WI

ZIP 53216 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Milwaukee city, WI (53216)

Median Income

$43,466

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,737

Wealth inflow

Population

29,772

Unemployment

6.9%

3.2pp above US avg

IRS migration statistics show a net inflow of about 1,737 for ZIP 53216 (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.

Economic Indicators

Unemployment

6.9%+87% vs US avg

Self-Employed

2.6%-58% vs US avg

SNAP Benefits

37.5%+221% vs US avg

449

Establishments

4,785

Employees

~11 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.3%
Construction2.9%
Manufacturing13.9%
Wholesale trade1.5%
Retail trade10.5%
Transportation, utilities8.2%
Information0.4%
Finance, insurance, real estate3.5%
Professional, scientific, management7.6%
Education, health care, social36.4%
Arts, entertainment, food services7.7%
Other services3.1%
Public administration4.1%

Household Income

Historical Trends in 53216 (2020–Present)

Since 2020, population declined 5.4%, median income rose 2.1% (inflation-adjusted), home values increased 17.7%.

Median Income

$43,466

-42% vs US avg

Unemployment Rate