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Waukesha County, WI

RANK #89 / 996  ·  POP 407,290  ·  WI

PROJECTED GROWTH: +3.0%

Waukesha County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Waukesha County?

Waukesha County, Wisconsin, is often recognized for its "Lake Country" region in its northwestern corner, featuring numerous lakes carved by glaciers. Located just west of Milwaukee County, the county seat, Waukesha, sits about 15-25 miles from downtown Milwaukee. Commuting to Milwaukee typically takes 25-40 minutes off-peak, extending to 35-60 minutes during peak hours, with options for bus service connecting to Milwaukee's transit system. The county offers a blend of suburban and rural environments, with communities like Brookfield and Elm Grove on its eastern side and a quieter, naturally scenic southern area. Outdoor recreation is prominent, with over 8,500 acres of parks, 77 lakes, and 129 miles of trails for hiking, biking, and other activities.

Life in Waukesha County is characterized by a focus on quality of life, with many residents owning their homes. The area attracts families, partly due to its highly rated public school districts, including Elmbrook, Pewaukee, and Waukesha, along with private institutions like Catholic Memorial High School. The economy is diverse, with strong employment in manufacturing, healthcare, and retail. Major employers like Generac, Milwaukee Tool, GE HealthCare, and Kohl's Corporation contribute to the economic landscape. Recent economic development initiatives aim to attract and retain businesses, particularly in advanced manufacturing, energy, food and beverage production, and medical technology.

[02] Market Snapshot

Housing Ratio
4.4x

Below national median (4.7x)

GDP Growth
+1.1%

Well below national median

Home Prices
+5.3%

Outpacing national median

Climate & Terrain
-2.1

Below-average climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 4.4x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Waukesha County U.S. National

The Numbers

DEMOGRAPHICS
Population
407,290
+0.48% YoY
Median Household Income
$101,639
Median Home Value
$352,600
+5.34% 12mo
Median Rent
$1,235
Average Annual Pay
$69,989
+3.8% YoY
Employment
247,891
0.0% YoY
Income-to-Home-Value
0.2883
More affordable than average
Migration Inflow
4.23%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$475,500
Days on Market
57
Moderate pace
Months of Supply
2.7
Seller's market
Sale-to-List Ratio
100.3%
Homes selling above asking
Sold Above List
37.1%
Listings w/ Price Drops
8.7%
Building Permits (2024)
1,917
Single-Family Permits
1,007

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +1.1% 20 percentile
Population Growth +0.5% 51 percentile
Income Growth +7.8% 32 percentile
Vacancy Rate 0.6% 91 percentile
Home Price Change +5.3% 92 percentile
Rent Growth +2.7% 44 percentile
Price/Rent 18x 16 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Waukesha County, WI a good place to move to?

Waukesha County has a Boom Town Index score of 91/100, ranking #89 among 996 U.S. counties. With a median household income of $101,639, it's an above-average county on economic indicators.

Is Waukesha County affordable?

The median home value in Waukesha County is $352,600 with median rent at $1,235/month. The income-to-home-value ratio is 0.2883, which is more affordable than the national average.

Is Waukesha County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: 0.0%. Home values changed +5.3% in the past 12 months.

Are people moving to Waukesha County?

Yes — 4.23% of Waukesha County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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