Everything You Need to Know About the City of Milwaukee Wisconsin

In 2018, Milwaukee, Wisconsin had a population of 592k people with a median age of 31.5 and a median household income of $42,087 dollars. Between 2017 and 2018 the population of Milwaukee, WI declined from 595,365 to 592,002, a -0.565 percent decrease, and its median household income grew from $39,098 dollars to $42,087 dollars, a 7.64 percent increase.

The population of Milwaukee, WI is 37.6 percent Black or African American Alone, 34.5 percent White Alone, and 20.2 percent Hispanic or Latino. N/A% of the people in Milwaukee, WI speak a non-English language, and 93.8 percent are U.S. citizens.

The largest universities in Milwaukee, WI are the University of Wisconsin-Milwaukee (5,725 degrees awarded in 2017), Marquette University (3,364 degrees), and Milwaukee Area Technical College (3,209 degrees).

The median property value in Milwaukee, WI is $126,300 dollars, and the homeownership rate is 41.8 percent. Most people in Milwaukee, WI commute by Drove Alone, and the average commute time is 20.8 minutes. The average car ownership in Milwaukee, WI is 2 cars per household.

 

Education in Milwaukee

In 2017, universities in Milwaukee, WI awarded 14,861 degrees. The student of Milwaukee, WI is skewed towards women, with 26,172 males and 33,136 females.

Most students graduating from Universities in Milwaukee, WI are White (9,839 and 69.3 percent), followed by Black or African American (1,371 and 9.66 percent), Hispanic or Latino (1,356 and 9.55 percent), and Asian (778 and 5.48 percent).

The largest universities in Milwaukee, WI by the number of degrees awarded are the University of Wisconsin-Milwaukee (5,725 and 38.5 percent), Marquette University (3,364 and 22.6 percent), and Milwaukee Area Technical College (3,209 and 21.6 percent).

The most popular majors in Milwaukee, WI are Registered Nursing (930 and 6.26 percent), General Business Administration & Management (609 and 4.1 percent), and General Marketing & Marketing Management (451 and 3.03 percent).

The median tuition costs in Milwaukee, WI is $31,830 dollars for private four-year colleges, and $7,421 dollars and $13,060 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Milwaukee

The economy of Milwaukee, WI employs 277k people and Milwaukee has an unemployment rate of 4.0 percent. Milwaukee has seen the job market increase by 0.3 percent over the last year. Future job growth over the next ten years is predicted to be 28.3 percent, which is lower than the US average of 33.5 percent. The largest industries in Milwaukee, WI are Retail Trade (29,560 people), Health Care & Social Assistance (47,607 people), and Manufacturing (41,773 people), and the highest paying industries are Finance & Insurance ($55,081 dollars), Utilities ($54,954 dollars), and Professional, Scientific, & Technical Services ($51,843 dollars).

Households in Milwaukee, WI have a median annual income of $42,087 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $39,098 dollars in 2017, which represents a 7.64 percent annual growth.

 

Tax Rates for Milwaukee

– The Sales Tax Rate for Milwaukee is 5.6 percent.

– The Income Tax Rate for Milwaukee is 6.3 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Milwaukee

– The average earnings of a Milwaukee resident are $19,636 dollars a year.

– The Median household earnings of a Milwaukee resident is $35,489 dollars a year.