HousingHandbookReference data

U.S. ZIP Code · WI53183

Waukesha County · Milwaukee-Waukesha, WI

Typical home value

$560,030[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.9%
5-year / yr
+6.2%
10-year / yr
+6.0%

Relative price

vs U.S.
+97.1%
vs metro
+36.1%
vs state
+83.5%
ZIP 53183 location in WI
Location of ZIP 53183 in WI

Price history

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

The typical home in 53183 is worth $560,030 — 36.1% above the Milwaukee-Waukesha, WI median. Over the past year, values have risen 4.9%. The effective property tax rate is 1.1%.

#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
1.1%[3]
Typical annual tax
$6,061[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
3,111[3]
Median household income
$108,827[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
7
Elementary
2
Middle
0
High
5
  • Kettle Moraine High

    High · Grades 9–12 · Kettle Moraine School District

    886 students

  • Wales Elementary

    Elementary · Grades PK–5 · Kettle Moraine School District

    332 students

  • High School of Health Sciences

    High · Grades 9–12 · Kettle Moraine School District

    192 students

  • Kettle Moraine Explore

    Elementary · Grades K–5 · Kettle Moraine School District

    122 students

  • School for Arts and Performance

    High · Grades 9–12 · Kettle Moraine School District

    118 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$2,832
Loan principal$448,024
Down payment$112,006
Total interest paid$571,430

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$3,803
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
50th percentile[1]
Rental yield
[2]
Property tax
31st percentile[3]

Frequently asked

How much is a home worth in ZIP code 53183?
The typical home in 53183 is worth $560,030, based on the Zillow Home Value Index.
Are home values rising in 53183?
Home values in 53183 are up 4.9% over the past year, and up 6.2% a year over five years.
What is the property tax rate in 53183?
The effective property tax rate in 53183 is 1.1% — roughly $6,061 a year on a typical home.
Who lives in 53183?
ZIP code 53183 has a population of 3,111 and a median household income of $108,827.

#Comparable ZIPs

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

  • Richfield, WI

    Typical home
    $565,786
    Gross yield
  • River Hills, WI

    Typical home
    $570,687
    Gross yield
    4.3%
  • Brookfield, WI

    Typical home
    $545,542
    Gross yield
    4.6%
  • Summit, WI

    Typical home
    $575,203
    Gross yield
    3.7%
  • Sussex, WI

    Typical home
    $543,471
    Gross yield
  • Pewaukee, WI

    Typical home
    $542,953
    Gross yield
    5.0%

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