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EconPulse

Local economy signal dashboard

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COUNTYStable

Milwaukee County, 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 score64out of 100
Compare
75
59
36
71
86

Population

926,331

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

59

4.2%

Unemployment is 4.2% for April 2026.

Vintage date unknown

State avg3.5%
U.S. avg4.3%

Population

-2.4% 5-year

36

926,331

Population moved -2.4% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

71

20.5%

Median rent consumes 20.5% 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

20.5%

of median income

1BR estimate$903
2BR estimate$1,189
Median income$64,435
Median home value$230,700

ACS context

Quick Facts

Population

926,331

Median age

35.5

Bachelor's degree+

34.7%

Poverty rate

17.2%

Labor force participation

65.1%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

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

-0.5%

GDP CAGR

+5.4%

Federal flow

5 years

Population (5 years)
2020949,180
2021939,123
2022933,063
2023927,656
2024926,331
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

2024926,331
2025917,921 *
2026912,205 *

R² = 93.1% · * 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$64,435/yr
Median rent$1,101/mo
Rent share of income20.5%
Est. mortgage (30yr, 6.5%)$13,999/yr
Mortgage share of income21.7%

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

employment snapshot

Job Market

Unemployment rate4.2%
State avg3.5%
U.S. avg4.3%
Labor force participation65.1%
Poverty rate17.2%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$230,700
Median monthly rent$1,101
Price-to-rent ratio17.5x

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

composite score

Investment Climate

Investment climateModerate
Composite score60/100
Economic growth75/100
Labor market59/100
Population momentum36/100
Overall stability64/100

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

Location Context

Milwaukee County, Wisconsin

County

Part of

Milwaukee-Waukesha, WI

Nearby locations

South Milwaukee, WICudahy, WIOak Creek, WISt. Francis, WIGreendale, WI