Wauwatosa, Wisconsin Income Statistics
Wauwatosa 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.
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A
Wauwatosa Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Wauwatosa | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $100,896 | $77,698 | $80,455 |
| Median Personal Income | $79,097 | $59,261 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.4% | 4.8% |
| Six-Figure Earners | 21.5% | 11.4% | 13.9% |
| $200k+ Households | 17.1% | 9.2% | 13.2% |
The median household income in Wauwatosa is about 30% higher than in Wisconsin. Income has been growing faster in Wauwatosa (4.5%/yr) than in Wisconsin (4.4%/yr).
About 22% of adults in Wauwatosa 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 Wauwatosa, Wisconsin grew by 55.4% from 2009 to 2024, reaching $100,896 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Wauwatosa
| Metric | Wauwatosa | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.484 | 0.503 | 0.552 |
| Male Median Income | $91,612 | $67,892 | $69,667 |
| Female Median Income | $74,529 | $54,788 | $56,850 |
| Gender Pay Gap | 18.6% | 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 Wauwatosa, it is 0.484, 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 23% more than women's income in Wauwatosa, Wisconsin. Over a 35-year career, a 23% wage gap accumulates to roughly $597,905 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wauwatosa, Wisconsin has narrowed from about 25% to 19% in 2024. Over that period the gap was narrowest at 12% in 2013. In dollar terms, the gap has widened by $2,574 since 2009.
Employment
| Metric | Wauwatosa | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.1% | 3.2% | 5.2% |
| Working from Home | 22.4% | 13.1% | 15.0% |
| Commute time (minutes) | 18 | 18 | 22 |
Approximately 565 people are unemployed in Wauwatosa, Wisconsin.
The average commute time in Wauwatosa is 18 minutes, about the same as in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wauwatosa, Wisconsin has fallen from 3.8% to 2.1% in 2024. Over that period the rate peaked at 4.6% in 2014 and fell as low as 2.0% in 2023.
Wauwatosa, WI Wealth Compared With Nearby Cities
How Wauwatosa, WI compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Wauwatosa, WI | 48,477 | $100,896 #1/3 | 4.5%/yr #3/3 | 2.1% #1/3 | 0.484 #2/3 |
| West Allis, WI | 59,584 | $67,223 | 4.7%/yr | 4.1% | 0.466 |
| Milwaukee, WI | 561,873 | $54,029 | 4.9%/yr | 6.2% | 0.535 |
Conclusion
Considering all these factors, Wauwatosa, 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 Wauwatosa, Wisconsin.
How Rich Is Wauwatosa, Wisconsin?
Wauwatosa 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 $100,896, about 30% higher than the Wisconsin average of $77,698.
How fast is household income rising in Wauwatosa, Wisconsin?
Between 2009 and 2024, the median household income in Wauwatosa, Wisconsin rose 55%, from $64,917 to $100,896. Over the same years, income here outpaced Wisconsin as a whole: +55% against +50%.
What was the median household income in Wauwatosa in 2023?
In 2023, the median household income in Wauwatosa, Wisconsin was $95,374, up 3% from $92,850 in 2022. The Wisconsin median that year was $75,781.
What was the median household income in Wauwatosa in 2020?
In 2020, the median household income in Wauwatosa, Wisconsin was $83,408. By 2024 it had risen 21% to $100,896.
How many people earn six figures in Wauwatosa, Wisconsin?
Yes. 22% of adults in Wauwatosa, Wisconsin earn $100,000 or more a year (about 1 in 5), against 11% (about 1 in 9) in Wisconsin. 17% of households have a combined income of $200,000 or more, compared with 9% in Wisconsin.
How strong is the job market in Wauwatosa, Wisconsin?
Unemployment in Wauwatosa, Wisconsin is only 2.1%, 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 Wauwatosa, Wisconsin?
The Gini coefficient in Wauwatosa is 0.484. 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 Wauwatosa, Wisconsin?
Since 2009, the income gap between men and women in Wauwatosa, Wisconsin has narrowed from about 25% to 19% in 2024. Over that period the gap was narrowest at 12% in 2013. In dollar terms, the gap has widened by $2,574 since 2009.
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