Cost of Living in Hales Corners, WI

Population 7,627 · Wisconsin · Data vintage 2023

96
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Hales Corners sits on the smaller end of the Wisconsin city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.

Located 9 miles southwest of Milwaukee, Hales Corners falls within that metro's commuting orbit. Median home values run roughly 69% higher than Milwaukee's $172,000.

Cost Overview

Housing 95
Rent 97

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Hales Corners

The median home value in Hales Corners is $291,100 — 5% below the national median of $305,000. Median rent runs $1,274/month, 3% lower than the national median of $1,314/month. The median household income of $88,068/year is 18% higher than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 57.4°F and lows of 41.3°F, with about 48.7" of annual snowfall. Overall, Hales Corners has a cost of living index of 96 versus the US average of 100, meaning it is 4% less expensive.

🏠 Housing

Median Home Value
$291,100
5% below avg
Zillow Home Value
$492,942
Zillow ZHVI
Median Rent
$1,274/mo
3% below avg
Price-to-Rent Ratio
19.0x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 57.9%
Renter-occupied 42.1%

💰 Estimated Monthly Budget

Rent median rent
$1,274
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,888/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.1 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
82.0%
Carpooled
4.3%
Public transit
0.5%
Walked
3.8%
Work from home
7.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$88,068
18% above avg
Per Capita Income
$43,238
Unemployment Rate
1.6%
68% below avg
Poverty Rate
3.8%
Labor Force Participation
68.9%

🎓 Education

Bachelor's degree+ 32.3%
Graduate degree 9.6%

👥 Demographics

Median Age 38
Male median age 40.2
Female median age 36.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.4°F
Avg Low
41.3°F
Annual Precip
34.6"
Annual Snowfall
48.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313444556777828074614836
Low °F 172029384858656456453323
Precip" 1.791.692.203.863.544.383.403.653.162.782.241.88
Snow" 14.911.86.72.10.00.00.00.00.00.32.510.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
45.5%
Good air days/yr
250
Max AQI recorded
258
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Hales Corners, WI?

Hales Corners has a cost index of 96 (100 = national average). It is 4% below the national average.

What is average rent in Hales Corners, WI?

The median gross rent in Hales Corners is $1,274 per month based on 2023 Census data.

What is the average home price in Hales Corners?

The median home value in Hales Corners is $291,100 according to Zillow and Census data.

What is the median income in Hales Corners?

The median household income in Hales Corners is $88,068 per year (2023 ACS 5-year estimates).

What is the sales tax in Hales Corners, WI?

The combined state and local sales tax rate in Hales Corners is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Hales Corners, WI affordable?

Hales Corners is near the national average in terms of cost of living, with an index of 96 (100 = US average).

What is the weather like in Hales Corners?

Hales Corners has average high temperatures of 57.4°F and average lows of 41.3°F. Annual precipitation is 34.6". Average annual snowfall is 48.7". Data from NOAA 1991–2020 Climate Normals.

Hales Corners at a Glance

Population
7,627
Median Income
$88,068
Home Value
$291,100
Median Rent
$1,274/mo
Unemployment
1.6%
Avg High Temp
57.4°F
Sales Tax
5.4%
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