Milwaukee, WI — income, home value, property tax, and sales tax.
In ZIP code 53217, near Milwaukee, homes carry a median value of $449,100, and the county's 1.93% effective property tax rate translates into a substantial annual bill on that amount. Households here earn a median of $133,021, with per-capita income at $77,753, so the tax load is shouldered against unusually strong earnings. A 5.90% combined sales tax applies to purchases. The relationship between high home values and a nearly two-percent levy means property taxes claim a meaningful share of income, though the area's earning power helps offset what would otherwise be a heavier squeeze on owners.
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