How much is a home worth in ZIP code 53154?

The typical home in 53154 is worth $412,057, based on the Zillow Home Value Index.

Are home values rising in 53154?

Home values in 53154 are up 7.2% over the past year, and up 6.5% a year over five years.

What is the typical rent in 53154?

A typical home in 53154 rents for about $1,660 a month, a gross rental yield of 4.8%.

What is the property tax rate in 53154?

The effective property tax rate in 53154 is 1.6% — roughly $6,758 a year on a typical home.

ZIP code 53154 has a population of 37,325 and a median household income of $96,555.

HousingHandbookReference data

…

U.S. ZIP Code · WI53154

Milwaukee County · Milwaukee-Waukesha, WI

Typical home value

$412,057^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +7.2%
5-year / yr: +6.5%
10-year / yr: +6.0%

Relative price

vs U.S.: +45.1%
vs metro: ≈ metro median
vs state: +35.0%

Price history

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

The typical home in 53154 is worth $412,057. Over the past year, values have risen 7.2%. Homes here rent for a typical $1,660 a month — a 4.8% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent: $1,660^[2]
Gross yield: 4.8%^[2]
Cap rate: 2.9%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $6,758^[3]

#Climate risk

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

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

#Who lives here

Population: 37,325^[3]
Median household income: $96,555^[3]

#Migration

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

Net migration: -1,911^[5]
Moved in: 18,351
Moved out: 20,262

Schools

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

Public schools: 11
Elementary: 7
Middle: 2
High: 1

Oak Creek High
High · Grades 9–12 · Oak Creek-Franklin Joint School District
2,223 students
Oak Creek East Middle
Middle · Grades 6–8 · Oak Creek-Franklin Joint School District
895 students
Oak Creek West Middle
Middle · Grades 6–8 · Oak Creek-Franklin Joint School District
537 students
Forest Ridge Elementary
Elementary · Grades PK–5 · Oak Creek-Franklin Joint School District
422 students
Shepard Hills Elementary
Elementary · Grades PK–5 · Oak Creek-Franklin Joint School District
421 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 yield4.8%

Net yield (after ~40% expenses)2.9%

Annual rent$19,917

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$2,084

Loan principal$329,646

Down payment$82,411

Total interest paid$420,445

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 ratio1.80

Monthly cost to own$2,990

Monthly rent$1,660

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: 68th percentile^[1]
Rental yield: 29th percentile^[2]
Property tax: 62nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 53154?: The typical home in 53154 is worth $412,057, based on the Zillow Home Value Index.
Are home values rising in 53154?: Home values in 53154 are up 7.2% over the past year, and up 6.5% a year over five years.
What is the typical rent in 53154?: A typical home in 53154 rents for about $1,660 a month, a gross rental yield of 4.8%.
What is the property tax rate in 53154?: The effective property tax rate in 53154 is 1.6% — roughly $6,758 a year on a typical home.
Who lives in 53154?: ZIP code 53154 has a population of 37,325 and a median household income of $96,555.

#Comparable ZIPs

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

53226 vs 53154 →
Wauwatosa, WI
Typical home
$411,350
Gross yield
4.8%
53027 vs 53154 →
Hartford, WI
Typical home
$411,077
Gross yield
3.1%
53002
Allenton CDP, WI
Typical home
$409,814
Gross yield
—
53021
Fredonia, WI
Typical home
$415,100
Gross yield
—
53130
Hales Corners, WI
Typical home
$408,921
Gross yield
3.5%
53037
Jackson, WI
Typical home
$415,194
Gross yield
—

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

Compare ZIPs

Pit ZIP 53154 against any other ZIP — full side-by-side table.

Compare 53154 →

#Jump to section

U.S. ZIP Code · WI53154

Get more data on ZIPs like this

Get more data on ZIPs like this