53219, Milwaukee, WI

The 53219 zip code of Milwaukee, WI is home to a population of over 259,000 people. The median household income in the zip code is $59,000 and the median home value is $173,500. In addition, the 53219 zip code has a homeownership rate of 69%, which is above the national homeownership rate of 63%.

There are a number of factors that contribute to the high homeownership rate in the 53219 zip code. One reason is that there are a number of affordable homes available in this area. Additionally, many people in this area have been able to build up equity in their homes over time and are not interested in selling their homes anytime soon. Finally, Milwaukee has been one of the strongest markets for housing over the past few years and many people believe that it will continue to be strong for some time to come.

Despite these positive factors, there are some indications that suggest that the market for housing in the 53219 zip code may be weakening. For example, sales activity has been declining recently and this could be indicative of a more challenging market ahead. Additionally, prices have been increasing at a slower pace than they did earlier on in 2017 and 2018 but they remain relatively high when compared to other areas within Milwaukee.