States · Wisconsin · Waukesha County

Menomonee Falls, Wisconsin.

Typical home $436,717 (+5.1% in a year), asking rent $1,621 . Milwaukee-Waukesha, WI metro.

What it costs per month · Menomonee Falls $2,292/mo

to buy the typical home at today's mortgage rate — +$1,151 (+101%) since Jan 2020.

What the home itself did
1 year
Up $21,246 +5%
$415,471$436,717 since Sep 2025
5 years
Up $80,029 +22%
$356,689$436,717 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 2002 2006 2010 2014 2018 2022 2026 Menomonee Falls $2,292 Wisconsin $1,770 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Menomonee Falls$2,292
  • Wisconsin$1,770
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 17 years.

Typical home values in Menomonee Falls, WI rose 5.1% over the past year — faster than the nation's +1.2%.

Living in Menomonee Falls, Waukesha County, Wisconsin

Menomonee Falls is a village of 38,527 people in Waukesha County. Half its households earn more than $100,238 a year and half less, against $106,076 across Waukesha County; 5% of its people live below the poverty line. 74% of its homes are lived in by their owners and 26% are rented. Unemployment in Menomonee Falls was 3.2% in August 2026, and Waukesha County had 0.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.

People 38,527 in the 2020 census; median age 42.4
Household income $100,238 the median, give or take $7,967 · Waukesha County: $106,076
Unemployment 3.2% Menomonee Falls, August 2026; 3.1% a year before
Homes 74% lived in by their owners; 26% 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 It can be wrong or out of date.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. Menomonee Falls is a village in Waukesha County, on the northwest edge of the Milwaukee area. Residents are somewhat older than in many places, and most homes are lived in by their owners. Household incomes run a little below the county's, and a good share of adults hold a four-year degree. Winters are cold and snowy, with January the coldest month, while July brings warm summer days and the year's rain and melted snow is moderate.

Work. Many residents work in schools, hospitals and social care, with manufacturing, professional and business services, and shops also employing a lot of people. Some of the largest workplaces in the village are Froedtert Health, Community Memorial Hospital and Harley-Davidson. Commutes are fairly short, and a notable number of people work from home.

Things to do. The Milwaukee County Zoo is a short drive away, as is Dretzka Park, a garden. For an afternoon in the city, the Milwaukee Art Museum is a longer drive away, and so is the Mitchell Park Horticultural Conservatory, a botanical garden.

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  • 16,387households
  • 48%of adults have a degree
  • 5%below the poverty line
  • 21 mintypical commute
  • 17%work from home

What residents work in

  • Schools, hospitals and social care24%
  • Manufacturing19%
  • Professional and business services11%
  • Shops (retail)10%
  • Banks, insurance and property9%
  • Restaurants, hotels and entertainment6%

Employed residents by industry, from the Census survey. Waukesha County had 248,662 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 27° and 11°; warmest in July, 81° and 60° 20° 40° 60° 80° J 27° 11° F M A M J J 81° 60° A S O N D
Average daily high and low for each month: coldest in January, 27° and 11°; warmest in July, 81° and 60° 20° 40° 60° 80° J 27° 11° F M A M J J 81° 60° A S O N D

Coldest in January, with highs near 27° and lows near 11°; warmest in July, with highs near 81° and lows near 60°. About 54 inches of snow and 34 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Germantown weather station, 6 miles away (NOAA).

Largest workplaces in Menomonee Falls

  1. Froedtert Health1,530
  2. Community Memorial HospitalGeneral hospital956FTE
  3. Harley-DavidsonMotorcycles and parts manufacturing658
  4. ArandellPrinting, lithographic550
  5. FedExCourier and express delivery services506
  6. Menomonee Falls School DistrictSchool district492FTE
  7. Staff Electric Co., Inc- MilwaukeeElectrical contractors367
  8. Froedtert Health344

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 82 workplaces with 20 or more staff, 11,449 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts 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 high
  2. HailRelatively high
  3. TornadoesRelatively high
  4. Winter weatherRelatively high
  5. Heat wavesRelatively moderate
  6. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Waukesha County, against the rest of the country; all of them together, relatively moderate. 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 Waukesha County and the Milwaukee-Waukesha, WI metro.

Menomonee Falls 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 Menomonee Falls $436,717 Wisconsin $337,196 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • Menomonee Falls$436,717
  • Wisconsin$337,196
  • United States$366,157
Property tax, 2026 roll $4,974/yr median bill inside Menomonee Falls, effective 0.96% 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 5 Menomonee Falls listings — the market is cooling.

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 Menomonee Falls 19.23% United States 26.90%
5% 10% 15% 20% 25% 2018 2022 2026
  • Menomonee Falls19.23%
  • United States26.90%

Homes for sale

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

50 100 150 200 2018 2019 2020 2021 2022 2023 2024 2025 2026 Menomonee Falls 141
50 100 150 200 2018 2022 2026
  • Menomonee Falls141

New listings per month

Sellers arriving at the market.

25 50 75 2018 2019 2020 2021 2022 2023 2024 2025 2026 Menomonee Falls 46
25 50 75 2018 2022 2026
  • Menomonee Falls46

Median sale price

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

$350,000 $375,000 $400,000 $425,000 2024 2025 2026 Menomonee Falls $412,450 United States $371,407
$350,000 $375,000 $400,000 $425,000 2024 2025 2026
  • Menomonee Falls$412,450
  • United States$371,407

Zip codes with a Menomonee Falls address

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

Zip codes in Menomonee Falls