How much is a home worth in ZIP code 53018?

The typical home in 53018 is worth $675,763, based on the Zillow Home Value Index.

Are home values rising in 53018?

Home values in 53018 are up 6.3% over the past year, and up 6.3% a year over five years.

What is the typical rent in 53018?

A typical home in 53018 rents for about $2,045 a month, a gross rental yield of 3.6%.

What is the property tax rate in 53018?

The effective property tax rate in 53018 is 1.0% — roughly $6,796 a year on a typical home.

ZIP code 53018 has a population of 8,201 and a median household income of $124,595.

HousingHandbookReference data

…

U.S. ZIP Code · WI53018

Waukesha County · Milwaukee-Waukesha, WI

Typical home value

$675,763^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.3%
5-year / yr: +6.3%
10-year / yr: +6.1%

Relative price

vs U.S.: +137.9%
vs metro: +64.3%
vs state: +121.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 53018 is worth $675,763 — 64.3% above the Milwaukee-Waukesha, WI median. Over the past year, values have risen 6.3%. Homes here rent for a typical $2,045 a month — a 3.6% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,045^[2]
Gross yield: 3.6%^[2]
Cap rate: 2.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $6,796^[3]

#Climate risk

FEMA National Risk Index ratings for Waukesha County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 8,201^[3]
Median household income: $124,595^[3]

#Migration

Household moves in and out of Waukesha County over a year, from IRS tax-return data.

Net migration: +298^[5]
Moved in: 10,995
Moved out: 10,697

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 2
Elementary: 1
Middle: 0
High: 0

Cushing Elementary
Elementary · Grades PK–5 · Kettle Moraine School District
315 students
Kettle Moraine 4K
Prekindergarten · Grades PK · Kettle Moraine School District
63 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.6%

Net yield (after ~40% expenses)2.2%

Annual rent$24,540

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,417

Loan principal$540,610

Down payment$135,153

Total interest paid$689,519

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.22

Monthly cost to own$4,549

Monthly rent$2,045

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 54th percentile^[1]
Rental yield: 8th percentile^[2]
Property tax: 14th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 53018?: The typical home in 53018 is worth $675,763, based on the Zillow Home Value Index.
Are home values rising in 53018?: Home values in 53018 are up 6.3% over the past year, and up 6.3% a year over five years.
What is the typical rent in 53018?: A typical home in 53018 rents for about $2,045 a month, a gross rental yield of 3.6%.
What is the property tax rate in 53018?: The effective property tax rate in 53018 is 1.0% — roughly $6,796 a year on a typical home.
Who lives in 53018?: ZIP code 53018 has a population of 8,201 and a median household income of $124,595.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

53122 vs 53018 →
Elm Grove, WI
Typical home
$677,747
Gross yield
5.8%
53097 vs 53018 →
Mequon, WI
Typical home
$678,456
Gross yield
—
53029
Hartland, WI
Typical home
$663,566
Gross yield
3.3%
53058
Nashotah, WI
Typical home
$731,098
Gross yield
—
53118
Dousman, WI
Typical home
$607,562
Gross yield
—
53069
Okauchee Lake CDP, WI
Typical home
$750,061
Gross yield
—

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#Jump to section

U.S. ZIP Code · WI53018

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