Cost of Living in Wauwatosa, WI
Population: 47,718 • 2026 Data
$93,859
Median Household Income
+21% vs national
$1,373
Median Monthly Rent
+2% vs national
$307,600
Median Home Value
-9% vs national
2.0%
Unemployment Rate
Housing in Wauwatosa
The median home value in Wauwatosa, WI is $307,600. Monthly rent for a typical unit averages $1,373, while total monthly housing costs (including utilities and insurance) average $1,549.
Rent-to-income ratio: 17.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Wauwatosa, WI is $93,859. The unemployment rate stands at 2.0%, with a labor force of 26,254 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.