HousingHandbookReference data

U.S. ZIP Code · WI53150

Waukesha County · Milwaukee-Waukesha, WI

Typical home value

$520,784[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.8%
5-year / yr
+5.4%
10-year / yr
+5.7%

Relative price

vs U.S.
+83.3%
vs metro
+26.6%
vs state
+70.7%
ZIP 53150 location in WI
Location of ZIP 53150 in WI

Price history

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

The typical home in 53150 is worth $520,784 — 26.6% above the Milwaukee-Waukesha, WI median. Over the past year, values have risen 5.8%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$5,030[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
26,259[3]
Median household income
$109,276[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
5
Elementary
2
Middle
2
High
1
  • Muskego High

    High · Grades 9–12 · Muskego-Norway School District

    1,651 students

  • Bay Lane Elementary

    Elementary · Grades PK–4 · Muskego-Norway School District

    904 students

  • Lake Denoon Middle

    Middle · Grades 5–8 · Muskego-Norway School District

    687 students

  • Muskego Lakes Middle

    Middle · Grades 5–8 · Muskego-Norway School District

    680 students

  • Mill Valley Elementary

    Elementary · Grades PK–4 · Muskego-Norway School District

    428 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 yield
Net yield (after ~40% expenses)
Annual rent

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$2,633
Loan principal$416,627
Down payment$104,157
Total interest paid$531,385

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 ratio
Monthly cost to own$3,488
Monthly rent

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
23rd percentile[1]
Rental yield
[2]
Property tax
10th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53150?
The typical home in 53150 is worth $520,784, based on the Zillow Home Value Index.
Are home values rising in 53150?
Home values in 53150 are up 5.8% over the past year, and up 5.4% a year over five years.
What is the property tax rate in 53150?
The effective property tax rate in 53150 is 1.0% — roughly $5,030 a year on a typical home.
Who lives in 53150?
ZIP code 53150 has a population of 26,259 and a median household income of $109,276.

#Comparable ZIPs

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

  • Lannon, WI

    Typical home
    $516,190
    Gross yield
  • Eagle, WI

    Typical home
    $527,207
    Gross yield
  • Milwaukee, WI

    Typical home
    $528,340
    Gross yield
    3.7%
  • Mukwonago, WI

    Typical home
    $508,893
    Gross yield
  • Richfield, WI

    Typical home
    $507,286
    Gross yield
  • Brookfield, WI

    Typical home
    $505,765
    Gross yield
    4.9%

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