HousingHandbookReference data

U.S. ZIP Code · WI53029

Waukesha County · Milwaukee-Waukesha, WI

Typical home value

$663,566[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.9%
5-year / yr
+6.0%
10-year / yr
+5.9%

Relative price

vs U.S.
+133.6%
vs metro
+61.3%
vs state
+117.5%
ZIP 53029 location in WI
Location of ZIP 53029 in WI

Price history

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

The typical home in 53029 is worth $663,566 — 61.3% above the Milwaukee-Waukesha, WI median. Over the past year, values have risen 7.9%. Homes here rent for a typical $1,802 a month — a 3.3% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$1,802[2]
Gross yield
3.3%[2]
Cap rate
2.0%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$6,129[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
21,778[3]
Median household income
$108,152[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
6
Elementary
4
Middle
1
High
1
  • Arrowhead High

    High · Grades 9–12 · Arrowhead UHS School District

    2,038 students

  • Lake Country School

    Elementary · Grades PK–8 · Lake Country School District

    463 students

  • North Elementary

    Elementary · Grades PK–2 · Hartland-Lakeside J3 School District

    447 students

  • Swallow Elementary

    Elementary · Grades PK–8 · Swallow School District

    445 students

  • South Elementary

    Elementary · Grades 3–5 · Hartland-Lakeside J3 School District

    331 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 yield3.3%
Net yield (after ~40% expenses)2.0%
Annual rent$21,627

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$3,355
Loan principal$530,853
Down payment$132,713
Total interest paid$677,074

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 ratio2.45
Monthly cost to own$4,417
Monthly rent$1,802

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
38th percentile[1]
Rental yield
2nd percentile[2]
Property tax
4th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53029?
The typical home in 53029 is worth $663,566, based on the Zillow Home Value Index.
Are home values rising in 53029?
Home values in 53029 are up 7.9% over the past year, and up 6.0% a year over five years.
What is the typical rent in 53029?
A typical home in 53029 rents for about $1,802 a month, a gross rental yield of 3.3%.
What is the property tax rate in 53029?
The effective property tax rate in 53029 is 0.9% — roughly $6,129 a year on a typical home.
Who lives in 53029?
ZIP code 53029 has a population of 21,778 and a median household income of $108,152.

#Comparable ZIPs

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

  • Delafield, WI

    Typical home
    $675,763
    Gross yield
    3.6%
  • Elm Grove, WI

    Typical home
    $677,747
    Gross yield
    5.8%
  • Mequon, WI

    Typical home
    $678,456
    Gross yield
  • Dousman, WI

    Typical home
    $607,562
    Gross yield
  • Mequon, WI

    Typical home
    $600,154
    Gross yield
  • Nashotah, WI

    Typical home
    $731,098
    Gross yield

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