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CENSUS TRACT

Census Tract 703

Wisconsin · Milwaukee County · 5,234 residents · 0.494 sq mi
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2223434445646771747584601.01701702802804703
TRACT SHAPE · Milwaukee County, WI
The short version

Census Tract 703 is wealthier than most US places, with a median household income of $101,397. Population has held roughly steady since 2020. 71% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $374,900. Poverty is rare here, at 4.4% of residents. Households here earn about 57% more than the Milwaukee County median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.2
US median: 38.9
More educated
71% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
5,234
+10%since 2020
from 4,773 in 2020
2020 – 2024
Population density
10,595 / sq mi
+10%since 2020
from 9,662 / sq mi in 2020
US average: 281
Median age
38.2
+5%since 2020
from 36.4 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K5K20202024Census Tract 703
20245K
20202024
Section 02

Income & economy

Median household income
$101,397
−11%inflation adjusted, since 2020
from $94,271 in 2020
US average: $82,259
2020 – 2024
Per capita income
$53,123
+19%since 2020
from $44,511 in 2020
US average: $44,673
Households earning $100K+
67.9%
+11.3 ptssince 2020
from 56.5% in 2020
US average: 53.3%
Poverty rate
4.4%
−2.1 ptssince 2020
from 6.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.434
+15%since 2020
from 0.377 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade11.8%
US avg: 9.9%
Other services10.4%
US avg: 6.7%
Information9.7%
US avg: 10.8%
Public administration9%
US avg: 4.8%
Wholesale trade3.9%
US avg: 6.9%
Finance & insurance3.7%
US avg: 5.9%
Professional, scientific, technical3.5%
US avg: 5.1%
Arts, entertainment, food0.8%
US avg: 1.9%
Agriculture, forestry, fishing0.5%
US avg: 1.6%
Transportation & warehousing0.3%
US avg: 2.2%
Construction0.3%
US avg: 1.2%
Manufacturing0.2%
US avg: 0.4%
Education & health services0.2%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$374,900
+7%inflation adjusted, since 2020
from $290,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,493
−2%inflation adjusted, since 2020
from $1,259 in 2020
US average: $1,442
Owner-occupied
69.7%
+3.3 ptssince 2020
from 66.3% in 2020
30.3% rent
Vacancy rate
2.6%
−3.2 ptssince 2020
from 5.8% in 2020
US average: 10.0%
Owner cost-burdened
18.3%
+2.8 ptssince 2020
from 15.5% in 2020
US average: 22.9%
Renter cost-burdened
40.6%
+0.4 ptssince 2020
from 40.2% in 2020
US average: 47.4%
Afford Score
3.7
+20%since 2020
from 3.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 703 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic71.6%(3,419)
Black10%(477)
Hispanic / Latino8.5%(407)
Asian7.2%(342)
Other2.7%(128)
Diversity Score58%(2,767)
2024
White, non-Hispanic74.5%(3,897)
Black4.4%(228)
Hispanic / Latino9.1%(476)
Asian7.4%(385)
Other4.7%(248)
Diversity Score53.5%(2,799)
Diversity Score
53
−8%since 2020
from 58 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
71.4%
−0.1 ptssince 2020
from 71.5% in 2020
US average: 35.6%
High school or higher
98.6%
+2.4 ptssince 2020
from 96.1% in 2020
US average: 89.6%
Graduate degree
34.7%
+1.0 ptssince 2020
from 33.8% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.9 min
−16%since 2020
from 24.8 min in 2020
US average: 26.5
Drive alone to work
60.5%
−16.6 ptssince 2020
from 77.1% in 2020
US average: 68.9%
Carpooled to work
4.4%
−3.4 ptssince 2020
from 7.7% in 2020
US average: 8.5%
Public transit
2.2%
−0.3 ptssince 2020
from 2.5% in 2020
US average: 3.2%
Worked from home
29.1%
+18.0 ptssince 2020
from 11.0% in 2020
US average: 15.0%
Walked to work
2.6%
+1.5 ptssince 2020
from 1.0% in 2020
US average: 2.4%
Biked to work
1.3%
+0.9 ptssince 2020
from 0.4% in 2020
US average: 0.4%
No vehicle available
3.7%
+2.0 ptssince 2020
from 1.6% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.6%
+0.7 ptssince 2020
from 3.9% in 2020
US average: 5.2%
Labor force participation
70.0%
−2.1 ptssince 2020
from 72.1% in 2020
US average: 63.5%
Self-employed
12.4%
+1.7 ptssince 2020
from 10.8% in 2020
US average: 13.1%
Management & professional
59.0%
+0.8 ptssince 2020
from 58.2% in 2020
US average: 42.5%
Section 08

People & community

Male
46.2%
−1.4 ptssince 2020
from 47.5% in 2020
Female
53.8%
+1.4 ptssince 2020
from 52.5% in 2020
Foreign born
12.4%
+3.5 ptssince 2020
from 8.9% in 2020
US average: 14.1%
Veterans
2.8%
−0.4 ptssince 2020
from 3.1% in 2020
US average: 6.2%
With a disability
8.0%
+1.6 ptssince 2020
from 6.4% in 2020
US average: 13.3%
Uninsured
2.6%
−1.4 ptssince 2020
from 4.0% in 2020
US average: 8.4%
Broadband at home
96.7%
+5.9 ptssince 2020
from 90.8% in 2020
US average: 91.0%
English only at home
85.6%
−2.0 ptssince 2020
from 87.7% in 2020
US average: 77.7%
Spanish at home
1.5%
−3.4 ptssince 2020
from 4.9% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 5,234 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $101,397 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $374,900, and the typical rent is about $1,493 a month.

How educated are people in this census tract?

About 71.4% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 4.4% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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