Income & Economy in Milwaukee city, WI (53223)
Median Income
$60,477
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,708
Wealth inflow
Population
29,287
Unemployment
6.9%
3.2pp above US avg
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.
Historical Trends in 53223 (2020–Present)
Since 2020, population grew 2.3%, median income rose 0.4% (inflation-adjusted), home values increased 12.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,477 |
| Unemployment | 6.9% |
| Establishments | 627 |
| Employees | 17,127 |