HousingHandbookReference data

U.S. ZIP Code · WI53024

Ozaukee County · Milwaukee-Waukesha, WI

Typical home value

$471,048[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+5.9%
10-year / yr
+5.9%

Relative price

vs U.S.
+65.8%
vs metro
+14.5%
vs state
+54.4%
ZIP 53024 location in WI
Location of ZIP 53024 in WI

Price history

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

The typical home in 53024 is worth $471,048 — 14.5% above the Milwaukee-Waukesha, WI median. Over the past year, values have risen 5.4%. Homes here rent for a typical $1,790 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
$1,790[2]
Gross yield
4.6%[2]
Cap rate
2.7%[2]

#Property tax

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

Effective tax rate
1.2%[3]
Typical annual tax
$5,528[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Very Low
Wildfire
Very Low
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
18,982[3]
Median household income
$92,390[3]

#Migration

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

Net migration
+60[5]
Moved in
2,724
Moved out
2,664

Schools

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

Public schools
4
Elementary
2
Middle
1
High
1
  • Grafton High

    High · Grades 9–12 · Grafton School District

    720 students

  • Kennedy Elementary

    Elementary · Grades PK–5 · Grafton School District

    517 students

  • Woodview Elementary

    Elementary · Grades PK–5 · Grafton School District

    457 students

  • John Long Middle

    Middle · Grades 6–8 · Grafton School District

    438 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.

Gross yield4.6%
Net yield (after ~40% expenses)2.7%
Annual rent$21,483

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.

Monthly payment$2,382
Loan principal$376,838
Down payment$94,210
Total interest paid$480,636

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.

Own : rent ratio1.81
Monthly cost to own$3,234
Monthly rent$1,790

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
37th percentile[1]
Rental yield
21st percentile[2]
Property tax
40th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53024?
The typical home in 53024 is worth $471,048, based on the Zillow Home Value Index.
Are home values rising in 53024?
Home values in 53024 are up 5.4% over the past year, and up 5.9% a year over five years.
What is the typical rent in 53024?
A typical home in 53024 rents for about $1,790 a month, a gross rental yield of 4.6%.
What is the property tax rate in 53024?
The effective property tax rate in 53024 is 1.2% — roughly $5,528 a year on a typical home.
Who lives in 53024?
ZIP code 53024 has a population of 18,982 and a median household income of $92,390.

#Comparable ZIPs

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

  • Slinger, WI

    Typical home
    $464,786
    Gross yield
  • New Berlin, WI

    Typical home
    $454,984
    Gross yield
    5.0%
  • Germantown, WI

    Typical home
    $453,781
    Gross yield
    4.6%
  • New Berlin, WI

    Typical home
    $445,183
    Gross yield
  • Big Bend, WI

    Typical home
    $497,868
    Gross yield
  • Franklin, WI

    Typical home
    $443,039
    Gross yield
    4.9%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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