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Menomonee Falls, Wisconsin

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
39,539
Population
$100,238
Median Income
$368,000
Home Value
42.4
Median Age

Demographics

Menomonee Falls has a population of 39,539 with a median age of 42.4. Here is the racial and ethnic breakdown of the population:

White
83.6%
Asian
5.6%
Hispanic
4.8%
Black
3.6%
Other
2.4%
Demographic Value
Total Population39,539
Median Age42.4
White83.6%
Black or African American3.6%
Asian5.6%
Hispanic or Latino4.8%
Other / Two or More Races2.4%
Menomonee Falls, Wisconsin — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 83.6%Asian: 5.6%Hispanic/Latino: 4.8%Black: 3.6%Other: 2.4%39,539PopulationWhiteWhite83.6%AsianAsian5.6%Hispanic/LatinoHispanic/Latino4.8%BlackBlack3.6%OtherOther2.4%

Income & Economy

The median household income in Menomonee Falls is $100,238, which is 24.3% above the national median of $80,610. The per capita income is $55,472. The poverty rate is 5.2%.

$100,238
Median Household Income
$55,472
Per Capita Income
5.2%
Poverty Rate

Employment

The unemployment rate in Menomonee Falls is 2.6%, compared to the national rate of 4.1%.

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Education

In Menomonee Falls, 95.7% of residents age 25+ have a high school diploma or higher, and 48.2% hold a bachelor's degree or higher (16.5% with a graduate or professional degree).

HS Diploma+
95.7%
Bachelor's+
48.2%
Graduate+
16.5%
Education Level % of Adults (25+)
High School Diploma or Higher95.7%
Bachelor's Degree or Higher48.2%
Graduate or Professional Degree16.5%

Housing

The median home value in Menomonee Falls is $368,000, above the national median of $303,400. The median monthly rent is $1,313. The homeownership rate is 74.0%.

$368,000
Median Home Value
$1,313/mo
Median Rent
74.0%
Homeownership Rate
Housing Metric Value
Median Home Value$368,000
Median Monthly Rent$1,313
Homeownership Rate74.0%
Vacancy Rate4.5%

Salaries in Wisconsin

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Frequently Asked Questions

What is the population of Menomonee Falls, Wisconsin?
The population of Menomonee Falls, Wisconsin is 39,539 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Menomonee Falls, Wisconsin?
The median household income in Menomonee Falls, Wisconsin is $100,238. This is 24.3% above the national median of $80,610.
What is the median home value in Menomonee Falls, Wisconsin?
The median home value in Menomonee Falls, Wisconsin is $368,000. The median monthly rent is $1,313.
What percentage of people in Menomonee Falls have a college degree?
In Menomonee Falls, Wisconsin, 48.2% of adults age 25 and older hold a bachelor's degree or higher, and 95.7% have a high school diploma or higher.
Is Menomonee Falls, Wisconsin an affordable place to live?
The home price-to-income ratio in Menomonee Falls, Wisconsin is 3.7x (median home value $368,000 vs. median income $100,238), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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