New Berlin, Wisconsin Income Statistics
New Berlin Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A
New Berlin Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | New Berlin | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $101,597 | $77,698 | $80,455 |
| Median Personal Income | $75,544 | $59,261 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.4% | 4.8% |
| Six-Figure Earners | 19.1% | 11.4% | 13.9% |
| $200k+ Households | 16.0% | 9.2% | 13.2% |
The median household income in New Berlin is about 31% higher than in Wisconsin. Income has been growing slower in New Berlin (3.2%/yr) than in Wisconsin (4.4%/yr).
About 19% of adults in New Berlin earn six figures ($100,000 or more) a year, higher than the Wisconsin average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in New Berlin, Wisconsin grew by 32.1% from 2009 to 2024, reaching $101,597 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in New Berlin
| Metric | New Berlin | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.475 | 0.503 | 0.552 |
| Male Median Income | $88,648 | $67,892 | $69,667 |
| Female Median Income | $68,752 | $54,788 | $56,850 |
| Gender Pay Gap | 22.4% | 19.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In New Berlin, it is 0.475, lower than Wisconsin's 0.503, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 29% more than women's income in New Berlin, Wisconsin. Over a 35-year career, a 29% wage gap accumulates to roughly $696,360 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in New Berlin, Wisconsin has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 28% in 2011, and was narrowest at 21% in 2018. In dollar terms, the gap has widened by $3,586 since 2009.
Employment
| Metric | New Berlin | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.2% | 3.2% | 5.2% |
| Working from Home | 15.4% | 13.1% | 15.0% |
| Commute time (minutes) | 21 | 18 | 22 |
Approximately 491 people are unemployed in New Berlin, Wisconsin.
The average commute time in New Berlin is 21 minutes, longer than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in New Berlin, Wisconsin has fallen from 4.9% to 2.2% in 2024. Over that period the rate peaked at 5.3% in 2012.
New Berlin, WI Wealth Compared With Nearby Cities
New Berlin, WI is typical in size for this group, 42,296 residents against a local median of 39,622, so the measures below are close to a like for like comparison. The measure that sets New Berlin, WI apart most is unemployment: 2.2%, 16% below the local median of 2.6%. That is the better end of the local range on this measure.
The cities themselves spread 2.1% on unemployment, so New Berlin, WI sits at one end of an already wide local range rather than apart from it. New Berlin, WI has the 2nd lowest unemployment of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| New Berlin, WI | 42,296 | $101,597 #3/4 | 3.2%/yr #4/4 | 2.2% #2/4 | 0.475 #2/4 |
| Muskego, WI | 25,180 | $111,734 | 3.7%/yr | 2.0% | 0.488 |
| Brookfield, WI | 39,622 | $124,339 | 3.7%/yr | 2.6% | 0.501 |
| West Allis, WI | 59,584 | $67,223 | 4.7%/yr | 4.1% | 0.466 |
Conclusion
Considering all these factors, New Berlin, Wisconsin has an overall wealth index grade of A, making it somewhat better than Wisconsin, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in New Berlin, Wisconsin.
How Rich Is New Berlin, Wisconsin?
New Berlin has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $101,597, about 31% higher than the Wisconsin average of $77,698.
Are incomes growing in New Berlin, Wisconsin?
Between 2009 and 2024, the median household income in New Berlin, Wisconsin rose 32%, from $76,915 to $101,597. Over the same years, income here lagged behind Wisconsin as a whole: +32% against +50%.
What was the median household income in New Berlin in 2023?
In 2023, the median household income in New Berlin, Wisconsin was $98,682, up 4% from $95,159 in 2022. The Wisconsin median that year was $75,781.
What was the median household income in New Berlin in 2020?
In 2020, the median household income in New Berlin, Wisconsin was $87,159. By 2024 it had risen 17% to $101,597.
How many people earn six figures in New Berlin, Wisconsin?
Yes. 19% of adults in New Berlin, Wisconsin earn $100,000 or more a year (about 1 in 5), against 11% (about 1 in 9) in Wisconsin. 16% of households have a combined income of $200,000 or more, compared with 9% in Wisconsin.
How strong is the job market in New Berlin, Wisconsin?
Unemployment in New Berlin, Wisconsin is only 2.2%, well below the Wisconsin rate of 3.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in New Berlin, Wisconsin?
The Gini coefficient in New Berlin is 0.475. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in New Berlin, Wisconsin?
Since 2009, the income gap between men and women in New Berlin, Wisconsin has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 28% in 2011, and was narrowest at 21% in 2018. In dollar terms, the gap has widened by $3,586 since 2009.
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