HousingHandbookReference data

U.S. ZIP Code · WI53186

Waukesha County · Milwaukee-Waukesha, WI

Typical home value

$366,950[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.4%
5-year / yr
+6.5%
10-year / yr
+6.7%

Relative price

vs U.S.
+29.2%
vs metro
-10.8%
vs state
+20.3%
ZIP 53186 location in WI
Location of ZIP 53186 in WI

Price history

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

The typical home in 53186 is worth $366,950 — 10.8% below the Milwaukee-Waukesha, WI median. Over the past year, values have risen 5.4%. Homes here rent for a typical $1,477 a month — a 4.8% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
$1,477[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
1.3%[3]
Typical annual tax
$4,757[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
33,374[3]
Median household income
$74,588[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
17
Elementary
8
Middle
2
High
6
  • South High

    High · Grades 9–12 · Waukesha School District

    879 students

  • eAchieve Academy - Wisconsin

    High · Grades 6–12 · Waukesha School District

    658 students

  • Waukesha STEM Academy

    Elementary · Grades PK–8 · Waukesha School District

    599 students

  • Les Paul Middle

    Middle · Grades 6–8 · Waukesha School District

    594 students

  • Horning Middle

    Middle · Grades 6–8 · Waukesha School District

    560 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 yield4.8%
Net yield (after ~40% expenses)2.9%
Annual rent$17,730

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$1,855
Loan principal$293,560
Down payment$73,390
Total interest paid$374,419

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 ratio1.73
Monthly cost to own$2,559
Monthly rent$1,477

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
69th percentile[1]
Rental yield
27th percentile[2]
Property tax
55th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53186?
The typical home in 53186 is worth $366,950, based on the Zillow Home Value Index.
Are home values rising in 53186?
Home values in 53186 are up 5.4% over the past year, and up 6.5% a year over five years.
What is the typical rent in 53186?
A typical home in 53186 rents for about $1,477 a month, a gross rental yield of 4.8%.
What is the property tax rate in 53186?
The effective property tax rate in 53186 is 1.3% — roughly $4,757 a year on a typical home.
Who lives in 53186?
ZIP code 53186 has a population of 33,374 and a median household income of $74,588.

#Comparable ZIPs

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

  • West Bend, WI

    Typical home
    $369,913
    Gross yield
    7.0%
  • Milwaukee, WI

    Typical home
    $371,812
    Gross yield
    5.4%
  • Greenfield, WI

    Typical home
    $357,490
    Gross yield
  • Milwaukee, WI

    Typical home
    $378,660
    Gross yield
  • Port Washington, WI

    Typical home
    $384,678
    Gross yield
  • Greendale, WI

    Typical home
    $387,370
    Gross yield

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