ZIP Code 53223 — Milwaukee city, WI Demographics & Data

ZIP code 53223 covers Milwaukee, WI in Milwaukee County with a population of about 29,287.

At a glance, the area shows median age of 37.3 versus a U.S. median of about 38.9.

It sits in telephone area code 414; U.S. House district WI-4; the MILWAUKEE media market.

Median household income in ZIP 53223 is about $60,477 — about 20% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 12.7%; unemployment rate near 6.9%; 29.0% of adults with a bachelor’s degree or higher (about 4.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Retail trade; about 13.0% of workers reporting work-from-home (about 2.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $184,300 — about 47% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $930 (about 20% below the U.S. median rent ($1,163)), and owner-occupancy near 51.8% (about 13.7 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 53223 in Milwaukee, WI, a household would need roughly $51,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,184. That sits below the local median household income ($60,477), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Milwaukee city, WI as Relatively High (composite score 98.4), which is among the highest nationally. The strongest component scores on US5 are flood (97.0) and wildfire (29.5). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Milwaukee city, WI show little to no average snow and around 33.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,708 for ZIP 53223 (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.