Cost of Living in Waukesha County, Wisconsin

$1,300/mo
Median Monthly Rent
$373,600
Median Home Value

At a Glance

Median Monthly Rent
$1,300/mo
46% above state average
Median Home Value
$373,600
33% above national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Waukesha County Compares

Median monthly rent comparison

Waukesha County$1,300/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$1,300/mo
Median Gross Rent
$373,600
Median Home Value
$1,628/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Waukesha County ranks #1,410 of 3,144 counties for affordability (top 45%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Waukesha County, Wisconsin

Waukesha: Wisconsin's most affluent county

Waukesha County's median household income of $104,100 towers over the national average of $74,755—a 39% premium that anchors the county's prosperity. Despite the highest absolute housing costs in the region, Waukesha's 15.0% rent-to-income ratio matches the national norm perfectly.

Wisconsin's priciest, yet balanced

Waukesha County commands Wisconsin's highest rents ($1,300 vs. state average $891) and home values ($373,600), yet maintains a 15.0% rent-to-income ratio exactly matching the state average. This seeming paradox reflects Waukesha's outsized incomes—higher costs are affordable here.

Premium pricing for premium prosperity

Waukesha's $1,300 rent and $373,600 median home value both top every regional neighbor, while its $104,100 median income also leads. You pay for Waukesha's prosperity, but the county's economic engine makes those costs manageable for its residents.

Both renters and owners thrive

Waukesha renters spend 15.0% of income on housing while homeowners spend 18.8%—a gap reflecting the county's expensive real estate. Regardless, the $104,100 median income cushions both markets, making Waukesha genuinely affordable only for higher earners.

High-earning relocators: Waukesha's waiting

Waukesha County is Wisconsin's economic powerhouse, offering top incomes and excellent affordability metrics—but only if you clear the $100,000+ threshold. Moving here makes sense for prosperous professionals; budget-conscious families should explore cheaper alternatives.

Cost of Living Advisory: Waukesha County

Affordability Verdict

Housing in Waukesha County is affordable. The median rent is $1,300/month against a median household income of $104,100, putting rent at 15.0% of income.

Rent vs. Own

Renters in Waukesha County pay $1,300/month on average, compared to $1,628/month for homeowners. This market favors renters by about 20%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $52,000/year. For owner costs at the 28% rule, the required income is roughly $69,771/year. With a median household income of $104,100, most households can comfortably afford rent here. Notably, 27.0% of renter households in Waukesha County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Waukesha County sits 5% more expensive than St. Croix County ($1,238/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Waukesha County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$2,429

per month

Owner Cost Burden

18.8%

of gross income

The median home in Waukesha County may be a stretch

Median home value is $373,600. Estimated monthly cost: $2,983 vs. your max of $2,429.

Rent Affordability Guide

Your rent-to-income ratio15.0%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $104,100Needed: $52,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $104,100Needed: $69,771
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $104,100Needed: $86,947

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Waukesha County, Wisconsin?
Waukesha County, Wisconsin has a median monthly rent of $1,300/mo and a median home value of $373,600. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Waukesha County?
The median gross rent in Waukesha County is $1,300/mo. This is 46% above state average for Wisconsin.
Is Waukesha County affordable?
Waukesha County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Waukesha County's rent compare to the state average?
Waukesha County's median rent of $1,300/mo is 46% above state average of $891/mo for Wisconsin.
What is the median home value in Waukesha County?
The median home value in Waukesha County, Wisconsin is $373,600. This is 33% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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