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EconPulse

Local economy signal dashboard

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PLACEStable

South Milwaukee, WI

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score66out of 100
Compare
75
57
38
77
86

Population

20,442

Data freshness

Unknown

GDP / Output

+5.2% YoY

75

$78.8B

Output changed +5.2% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

57

4.3%

Unemployment is 4.3% for June 2026.

Vintage date unknown

State avg3.3%
U.S. avg4.2%

Population

-2.0% 5-year

38

20,442

Population moved -2.0% over the latest ACS window.

Vintage date unknown

State population5,914,872
U.S. population334,922,499

Housing

Rent share of income

77

16.6%

Median rent consumes 16.6% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.4K per resident

86

$6.0B

$6.0B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$113.0B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$6.0B

$6.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.1B
2. Department of Health and Human Services$428.7M
3. Department of Transportation$372.5M

Top recipients

Dollars
1. WISCONSIN DEPARTMENT OF TRANSPORTATION$322.0M
2. THE MEDICAL COLLEGE OF WISCONSIN, INC.$127.7M
3. HOUSING AUTHORITY OF THE CITY OF MILWAUKEE$81.9M

Affordable

Housing Affordability

16.6%

of median income

1BR estimate$831
2BR estimate$1,095
Median income$73,427
Median home value$235,700

ACS context

Quick Facts

Population

20,442

Median age

40.2

Bachelor's degree+

29.9%

Poverty rate

13.1%

Labor force participation

63.7%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-29

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.4%

GDP CAGR

+5.4%

Federal flow

5 years

Population (5 years)
202020,857
202120,785
202220,678
202320,547
202420,442
GDP (5 years)
2020$60.5B
2021$64.7B
2022$70.4B
2023$74.9B
2024$78.8B

2-year linear forecast

Predictive Outlook

Population forecast

202420,442
202520,341 *
202620,235 *

R² = 99.2% · * projected

GDP forecast

2024$78.8B
2025$83.9B *
2026$88.6B *

R² = 99.7% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$73,427/yr
Median rent$1,014/mo
Rent share of income16.6%
Est. mortgage (30yr, 6.5%)$14,302/yr
Mortgage share of income19.5%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.3%
State avg3.3%
U.S. avg4.2%
Labor force participation63.7%
Poverty rate13.1%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$235,700
Median monthly rent$1,014
Price-to-rent ratio19.4x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateModerate
Composite score61/100
Economic growth75/100
Labor market57/100
Population momentum38/100
Overall stability66/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

South Milwaukee city, Wisconsin

City/Town

Part of

Milwaukee-Waukesha, WI

Nearby locations

Cudahy, WIOak Creek, WISt. Francis, WIGreendale, WIFranklin, WI