Best Places for Business and Careers 2019

Milwaukee, WI

Milwaukee-Waukesha-West Allis, WI
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Milwaukee, WI

Milwaukee-Waukesha-West Allis, WI
gross metro product
$100.7B
population
1.6M
median household income
$61,251
median home price
$266,000
cost of living
3% below nat'l avg
college attainment
35.8%
net migration
-690 (year: 2018)
unemployment
3.3%
major industries
Financial services, Health care
job growth
0.7% (year: 2018)
As of October 2019
The city has a long tradition with the brewing industry and is home to Miller Brewing and historic Milwaukee Brewery, the oldest still-functioning major brewery in the United States. Milwaukee is home to a variety of themed, seasonal festivals celebrating Milwaukee's history and diversity, earning it its nickname, the "City of Festivals." The city hosts the Wisconsin State Fair, as well as the annual Summerfest, one of the largest music festivals in the country. Other festivals include PrideFest, the Great Circus Parade,
Bastille Days, Festa Italiana, German Fest, Polish Fest and a number of other ethnically themed festivals celebrating Greek, African, Arab, Irish and Mexican cultures. Milwaukee is a popular venue for Lake Michigan sailing, windsurfing, kite-surfing, ethnic dining, and cultural festivals.
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On forbes lists
#146
In Cost of Doing Business
#154
In Job Growth
#56
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
0.7% (year: 2018)
Projected Annual Job Growth
0.4%
Unemployment
3.3%
Median Household Income
$61,251
Household Income Growth
3.1%
High-Tech Employment
2.3%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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