Places/WI/Milwaukee County, WI
County profile

Milwaukee County, WI

United States · GDP 2024
#66 of 3,127 US counties by GDP60th-percentile growthmore diversified than 95% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$78.8B
BEA · 2024
GDP growth (YoY)
+5.2%
BEA · 2024
Jobs tracked
435,400
Census CBP · 2023
Employers
20,466
Census CBP · 2023
Avg. wage
$66.2k
BLS QCEW · 2023
Population
924,216
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$64.4k±$1.2k
Bachelor's degree+
34.7%±0.5%
Poverty rate
17.2%±0.5%
Business applications
16,408 · 2025
Retail establishments
2,482
26.9/10k pop
Industry mix · employment
Health care33%
Manufacturing17%
Food & accommodation15%
Retail trade15%
Admin & support11%
Education10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
924,216
residents · 2025 · -1.5% since 2020
Income per capita $62.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration44,731
International migration+19,186
Natural change+12,026

GDP trend

20192024 · nominal
$61.6B
2019
$60.5B
2020
$64.7B
2021
$70.4B
2022
$74.9B
2023
$78.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$230.7k±$2.1k
Median gross rent
$1.1k/mo±$8/mo
Vacancy rate
8.0%±0.3%
Affordability
3.5× wages
Residential permits
$227.4M
1,046 units · 1.1/1k pop
FEMA risk score
98.4
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 100Heat wave 99Tornado 99
FHFA HOUSE PRICE INDEX · 20162025
433
2016
453
2017
479
2018
504
2019
523
2020
576
2021
653
2022
723
2023
772
2024
816
2025
RESIDENTIAL PERMITS · 20212025
182% since 2021
371
2021
1,037
2022
1,221
2023
1,005
2024
1,046
2025

Transport access

BTS · FAA · USACE
Nearest interstate
3.0 km
I-94
Nearest freight rail
0.1 km
UP
Nearest port
4.1 km
MARQUETTE CONCRETE
Nearest commercial airport
8.7 km
GENERAL MITCHELL INTL
Waterborne tonnage, host port(s) (CY2023):2,477,300 short tons/yr · Milwaukee, WI
Wage trend
BLS QCEW · 20192023
$66.2k
avg. annual pay · +20% since 2019
Nearby & same-state counties
by GDP rank
Dane$62.8BWaukesha$42.0BBrown$25.7B
The read

What is the GDP of Milwaukee?

Milwaukee's economy produced $78.8B in 2024, growing 5.2% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.