States · Wisconsin · Ozaukee County

Grafton, Wisconsin.

Typical home $463,107 (+6.0% in a year), asking rent $2,016 . Milwaukee-Waukesha, WI metro.

What it costs per month · Grafton $2,431/mo

to buy the typical home at today's mortgage rate — +$1,322 (+119%) since Jan 2020.

What the home itself did
1 year
Up $26,216 +6%
$436,890$463,107 since Sep 2025
5 years
Up $105,931 +30%
$357,175$463,107 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 Grafton $2,431 Wisconsin $1,770 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • Grafton$2,431
  • Wisconsin$1,770
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in Grafton, WI rose 6.0% over the past year — faster than the nation's +1.2%.

Living in Grafton, Ozaukee County, Wisconsin

Grafton is a village of 12,094 people in Ozaukee County. Half its households earn more than $89,861 a year and half less, against $96,996 across Ozaukee County; 4% of its people live below the poverty line. 61% of its homes are lived in by their owners and 39% are rented. Unemployment in Ozaukee County was 3.1% in August 2026, and the county had 1.6% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.

People 12,094 in the 2020 census; median age 41.5
Household income $89,861 the median, give or take $12,093 · Ozaukee County: $96,996
Unemployment 3.1% Ozaukee County, August 2026; 2.9% a year before
Homes 61% lived in by their owners; 39% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Grafton is a village in Ozaukee County, Wisconsin, with a population that has settled into a comfortable middle size. Residents tend to be somewhat older than in many places, and a good share of adults hold a four-year degree. Most homes are lived in by their owners, though renters are not hard to find, and household incomes run a little below the county's, with few residents living below the poverty line. Winters are cold and snowy, with January the coldest month, while summers are warm, and the year brings a fair amount of rain and melted snow.

Work. Many residents work in schools, hospitals and social care, with manufacturing, professional and business services, and retail also employing a lot of people. Among the largest workplaces in Grafton are Kapco, Costco Wholesale and the Grafton School District. Commutes are fairly typical, and a noticeable number of people work from home. Unemployment across Ozaukee County has edged up slightly over the past year, and the county has fewer jobs than it did a year earlier.

Things to do. For time outdoors, Lion's Den Gorge Nature Preserve is a protected area just a short drive away. Niagara, an archaeological site, is also a short drive from the village. Farther afield, the Milwaukee Art Museum is a longer drive away and is one of the best known places in the region to spend an afternoon.

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  • 5,575households
  • 47%of adults have a degree
  • 4%below the poverty line
  • 25 mintypical commute
  • 15%work from home

What residents work in

  • Schools, hospitals and social care21%
  • Manufacturing21%
  • Professional and business services15%
  • Shops (retail)13%
  • Restaurants, hotels and entertainment7%
  • Banks, insurance and property7%

Employed residents by industry, from the Census survey. Ozaukee County had 40,611 jobs in 2025, 1.6% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 30° and 17°; warmest in July, 81° and 62° 20° 40° 60° 80° J 30° 17° F M A M J J 81° 62° A S O N D
Average daily high and low for each month: coldest in January, 30° and 17°; warmest in July, 81° and 62° 20° 40° 60° 80° J 30° 17° F M A M J J 81° 62° A S O N D

Coldest in January, with highs near 30° and lows near 17°; warmest in July, with highs near 81° and lows near 62°. About 36 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Grafton Wwtp weather station, a mile away (NOAA).

Largest workplaces in Grafton

  1. KapcoHoops, metal, fabricated from purchased metal275
  2. Costco WholesaleWholesale grocer259
  3. Grafton School DistrictSchool district254FTE
  4. TargetDiscount department stores184
  5. PACE INDUSTRIES GraftonNickel die-castings, unfinished, manufacturing118
  6. KapcoHoops, metal, fabricated from purchased metal116
  7. Miba Industrial Bearings U.SSheaves, mechanical power transmission, manufacturing104
  8. Roundy'sSupermarkets and other grocery except convenience stores103

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 21 workplaces with 20 or more staff, 1,999 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Cold wavesRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Ozaukee County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Ozaukee County and the Milwaukee-Waukesha, WI metro.

Grafton home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 Grafton $463,107 Wisconsin $337,196 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • Grafton$463,107
  • Wisconsin$337,196
  • United States$366,157
Property tax, 2026 roll $4,712/yr median bill inside Grafton, effective 1.06% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

Sellers are cutting prices on about 1 in 7 Grafton listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

5% 10% 15% 20% 25% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Grafton 13.99% United States 26.90%
5% 10% 15% 20% 25% 2018 2022 2026
  • Grafton13.99%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

20 40 60 80 2018 2019 2020 2021 2022 2023 2024 2025 2026 Grafton 50
20 40 60 80 2018 2022 2026
  • Grafton50

New listings per month

Sellers arriving at the market.

10 15 20 2026 Grafton 22
10 15 20 2026
  • Grafton22

Median sale price

What buyers actually paid — closed sales, not asking prices.

$380,000 $400,000 $420,000 $440,000 2026 Grafton $391,735 United States $371,407
$380,000 $400,000 $420,000 $440,000 2026
  • Grafton$391,735
  • United States$371,407

Zip codes with a Grafton address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Grafton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Grafton