HousingHandbookReference data

U.S. ZIP Code · WI53203

Milwaukee County · Milwaukee-Waukesha, WI

Typical home value

$378,660[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.4%
5-year / yr
+3.7%
10-year / yr
+4.1%

Relative price

vs U.S.
+33.3%
vs metro
-7.9%
vs state
+24.1%
ZIP 53203 location in WI
Location of ZIP 53203 in WI

Price history

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

The typical home in 53203 is worth $378,660 — 7.9% below the Milwaukee-Waukesha, WI median. Over the past year, values have fallen 3.4%.

#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
[3]
Typical annual tax
[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
2,357[3]
Median household income
$86,159[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
1
Elementary
0
Middle
0
High
1
  • Tenor High

    High · Grades 9–12 · Seeds of Health Inc

    627 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$1,915
Loan principal$302,928
Down payment$75,732
Total interest paid$386,368

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$2,609
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
3rd percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 53203?
The typical home in 53203 is worth $378,660, based on the Zillow Home Value Index.
Are home values rising in 53203?
Home values in 53203 are down 3.4% over the past year, and up 3.7% a year over five years.
Who lives in 53203?
ZIP code 53203 has a population of 2,357 and a median household income of $86,159.

#Comparable ZIPs

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

  • Port Washington, WI

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

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

    Typical home
    $387,370
    Gross yield
  • West Bend, WI

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

    Typical home
    $389,286
    Gross yield
    5.1%
  • Waukesha, WI

    Typical home
    $366,950
    Gross yield
    4.8%

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

Compare ZIPs

Pit ZIP 53203 against any other ZIP — full side-by-side table.

Compare 53203

#Jump to section