Milwaukee has a population of 573,299 with a median age of 31.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 573,299 |
| Median Age | 31.8 |
| White | 38.8% |
| Black or African American | 38.6% |
| Asian | 4.7% |
| Hispanic or Latino | 20.2% |
The median household income in Milwaukee is $49,733, which is 33.8% below the national median of $75,149. The per capita income is $28,079. The poverty rate is 23.9%.
The unemployment rate in Milwaukee is 5.9%, compared to the national rate of 5.4%.
In Milwaukee, 85.4% of residents age 25+ have a high school diploma or higher, and 26.1% hold a bachelor's degree or higher (9.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 85.4% |
| Bachelor's Degree or Higher | 26.1% |
| Graduate or Professional Degree | 9.5% |
The median home value in Milwaukee is $157,800, below the national median of $281,900. The median monthly rent is $982. The homeownership rate is 41.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $157,800 |
| Median Monthly Rent | $982 |
| Homeownership Rate | 41.2% |
| Vacancy Rate | 10.4% |
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