HousingHandbookReference data

U.S. ZIP Code · WI53226

Milwaukee County · Milwaukee-Waukesha, WI

Typical home value

$411,350[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.1%
5-year / yr
+5.7%
10-year / yr
+6.1%

Relative price

vs U.S.
+44.8%
vs metro
≈ metro median
vs state
+34.8%
ZIP 53226 location in WI
Location of ZIP 53226 in WI

Price history

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

The typical home in 53226 is worth $411,350. Over the past year, values have risen 4.1%. Homes here rent for a typical $1,661 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
$1,661[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
$6,644[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
18,908[3]
Median household income
$93,132[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
5
Elementary
3
Middle
0
High
0
  • McKinley Elementary

    Elementary · Grades PK–5 · Wauwatosa School District

    386 students

  • Underwood Elementary

    Elementary · Grades PK–5 · Wauwatosa School District

    335 students

  • Wauwatosa Montessori School

    Elementary · Grades PK–8 · Wauwatosa School District

    178 students

  • Vel R Phillips School

    Other · Grades K–12 · Wauwatosa School District

    119 students

  • Wauwatosa Virtual Academy

    Other · Grades K–12 · Wauwatosa School District

    115 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$19,935

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$2,080
Loan principal$329,080
Down payment$82,270
Total interest paid$419,723

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 ratio1.79
Monthly cost to own$2,978
Monthly rent$1,661

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
31st percentile[1]
Rental yield
33rd percentile[2]
Property tax
60th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53226?
The typical home in 53226 is worth $411,350, based on the Zillow Home Value Index.
Are home values rising in 53226?
Home values in 53226 are up 4.1% over the past year, and up 5.7% a year over five years.
What is the typical rent in 53226?
A typical home in 53226 rents for about $1,661 a month, a gross rental yield of 4.8%.
What is the property tax rate in 53226?
The effective property tax rate in 53226 is 1.6% — roughly $6,644 a year on a typical home.
Who lives in 53226?
ZIP code 53226 has a population of 18,908 and a median household income of $93,132.

#Comparable ZIPs

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

  • Hartford, WI

    Typical home
    $411,077
    Gross yield
    3.1%
  • Oak Creek, WI

    Typical home
    $412,057
    Gross yield
    4.8%
  • Allenton CDP, WI

    Typical home
    $409,814
    Gross yield
  • Hales Corners, WI

    Typical home
    $408,921
    Gross yield
    3.5%
  • Fredonia, WI

    Typical home
    $415,100
    Gross yield
  • Jackson, WI

    Typical home
    $415,194
    Gross yield

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