HousingHandbookReference data

U.S. ZIP Code · WI53235

Milwaukee County · Milwaukee-Waukesha, WI

Typical home value

$287,617[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.3%
5-year / yr
+4.1%
10-year / yr
+5.3%

Relative price

vs U.S.
+1.2%
vs metro
-30.1%
vs state
-5.7%
ZIP 53235 location in WI
Location of ZIP 53235 in WI

Price history

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

The typical home in 53235 is worth $287,617 — 30.1% below the Milwaukee-Waukesha, WI median. Over the past year, values have risen 0.3%. Homes here rent for a typical $1,745 a month — a 7.3% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

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

Monthly rent
$1,745[2]
Gross yield
7.3%[2]
Cap rate
4.4%[2]

#Property tax

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

Effective tax rate
2.0%[3]
Typical annual tax
$5,716[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
9,004[3]
Median household income
$57,368[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
3
Elementary
1
Middle
1
High
1
  • Saint Francis High

    High · Grades 9–12 · Saint Francis School District

    554 students

  • Deer Creek Intermediate

    Middle · Grades 4–8 · Saint Francis School District

    304 students

  • Willow Glen Primary School

    Elementary · Grades PK–3 · Saint Francis School District

    239 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 yield7.3%
Net yield (after ~40% expenses)4.4%
Annual rent$20,945

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$1,454
Loan principal$230,093
Down payment$57,523
Total interest paid$293,471

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 ratio1.24
Monthly cost to own$2,171
Monthly rent$1,745

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
6th percentile[1]
Rental yield
81st percentile[2]
Property tax
95th percentile[3]

Frequently asked

How much is a home worth in ZIP code 53235?
The typical home in 53235 is worth $287,617, based on the Zillow Home Value Index.
Are home values rising in 53235?
Home values in 53235 are up 0.3% over the past year, and up 4.1% a year over five years.
What is the typical rent in 53235?
A typical home in 53235 rents for about $1,745 a month, a gross rental yield of 7.3%.
What is the property tax rate in 53235?
The effective property tax rate in 53235 is 2.0% — roughly $5,716 a year on a typical home.
Who lives in 53235?
ZIP code 53235 has a population of 9,004 and a median household income of $57,368.

#Comparable ZIPs

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

  • Cudahy, WI

    Typical home
    $285,384
    Gross yield
    5.7%
  • Milwaukee, WI

    Typical home
    $293,673
    Gross yield
    5.9%
  • West Allis, WI

    Typical home
    $294,202
    Gross yield
    4.9%
  • Butler, WI

    Typical home
    $296,480
    Gross yield
  • Greenfield, WI

    Typical home
    $300,215
    Gross yield
    5.1%
  • Milwaukee, WI

    Typical home
    $271,661
    Gross yield
    5.7%

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

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