How much is a home worth in ZIP code 53022?

The typical home in 53022 is worth $453,781, based on the Zillow Home Value Index.

Are home values rising in 53022?

Home values in 53022 are up 7.0% over the past year, and up 6.2% a year over five years.

What is the typical rent in 53022?

A typical home in 53022 rents for about $1,753 a month, a gross rental yield of 4.6%.

What is the property tax rate in 53022?

The effective property tax rate in 53022 is 1.2% — roughly $5,656 a year on a typical home.

ZIP code 53022 has a population of 20,046 and a median household income of $100,890.

HousingHandbookReference data

…

U.S. ZIP Code · WI53022

Washington County · Milwaukee-Waukesha, WI

Typical home value

$453,781^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +7.0%
5-year / yr: +6.2%
10-year / yr: +5.7%

Relative price

vs U.S.: +59.7%
vs metro: +10.3%
vs state: +48.7%

Price history

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

The typical home in 53022 is worth $453,781 — 10.3% above the Milwaukee-Waukesha, WI median. Over the past year, values have risen 7.0%. Homes here rent for a typical $1,753 a month — a 4.6% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $1,753^[2]
Gross yield: 4.6%^[2]
Cap rate: 2.8%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $5,656^[3]

#Climate risk

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

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

#Who lives here

Population: 20,046^[3]
Median household income: $100,890^[3]

#Migration

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

Net migration: -95^[5]
Moved in: 3,327
Moved out: 3,422

Schools

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

Public schools: 5
Elementary: 3
Middle: 1
High: 1

Germantown High
High · Grades 9–12 · Germantown School District
1,290 students
Kennedy Middle
Middle · Grades 6–8 · Germantown School District
867 students
MacArthur Elementary
Elementary · Grades PK–5 · Germantown School District
484 students
County Line Elementary
Elementary · Grades PK–5 · Germantown School District
479 students
Rockfield Elementary
Elementary · Grades PK–5 · Germantown School District
342 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 yield4.6%

Net yield (after ~40% expenses)2.8%

Annual rent$21,032

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$2,295

Loan principal$363,025

Down payment$90,756

Total interest paid$463,018

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 ratio1.79

Monthly cost to own$3,145

Monthly rent$1,753

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: 51st percentile^[1]
Rental yield: 25th percentile^[2]
Property tax: 51st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 53022?: The typical home in 53022 is worth $453,781, based on the Zillow Home Value Index.
Are home values rising in 53022?: Home values in 53022 are up 7.0% over the past year, and up 6.2% a year over five years.
What is the typical rent in 53022?: A typical home in 53022 rents for about $1,753 a month, a gross rental yield of 4.6%.
What is the property tax rate in 53022?: The effective property tax rate in 53022 is 1.2% — roughly $5,656 a year on a typical home.
Who lives in 53022?: ZIP code 53022 has a population of 20,046 and a median household income of $100,890.

#Comparable ZIPs

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

53151 vs 53022 →
New Berlin, WI
Typical home
$454,984
Gross yield
5.0%
53146 vs 53022 →
New Berlin, WI
Typical home
$445,183
Gross yield
—
53132
Franklin, WI
Typical home
$443,039
Gross yield
4.9%
53086
Slinger, WI
Typical home
$464,786
Gross yield
—
53024
Grafton, WI
Typical home
$471,048
Gross yield
4.6%
53051
Menomonee Falls, WI
Typical home
$434,837
Gross yield
—

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Pit ZIP 53022 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WI53022

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