1031 Exchange Milwaukee, Wisconsin

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Milwaukee due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Milwaukee, Wisconsin is a part of the Milwaukee-Waukesha, WI metropolitan area, and contains 39 zip codes, including: 53290, 53234, 53216, 53202, 53295, and 53212.

Milwaukee Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Milwaukee, WI metropolitan area was $1,070, which is 21.73% lower than 2014 average rent. This represents a compounded annual growth rate of 4.01%. 2019 vacancy in Milwaukee, WI was 5.00%.

The total population of the city of Milwaukee, WI has decreased 0.47% since 2010. As of 2018, the population was 592,025. The median household income of the Milwaukee was $40,036, which is 33.60% lower than the national average.

  • metropolitan area Milwaukee-Waukesha, WI
  • avg rent $1,070
  • rent growth 21.73%
  • vacancy 5.00%
  • median income $40,036
  • population (2018) 592,025
  • population growth -0.47%
  • vs. nat'l avg 33.60%
  • zip codes 53201 53202 53203 53204 53205 53206 53207 53208 53209 53210 53211 53212 53213 53214 53215 53216 53217 53218 53219 53220 53221 53222 53223 53224 53225 53226 53227 53228 53233 53234 53237 53259 53263 53274 53278 53288 53290 53293 53295

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