Income & Economy in Milwaukee city, WI (53208)
Median Income
$50,585
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,599
Wealth inflow
Population
27,407
Unemployment
5.9%
2.2pp above US avg
IRS migration statistics show a net inflow of about 1,599 for ZIP 53208 (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 53208 (2020–Present)
Since 2020, population declined 6.2%, median income rose 17.9% (inflation-adjusted), home values increased 11.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $50,585 |
| Unemployment | 5.9% |
| Establishments | 527 |
| Employees | 12,775 |