Mukwonago, Wisconsin.
Typical home $497,641 (+7.4% in a year). Milwaukee-Waukesha, WI metro.
to buy the typical home at today's mortgage rate — +$1,440 (+123%) since Jan 2020.
- 1 year
- Up $34,344 +7%
- $463,297$497,641 since Sep 2025
- 5 years
- Up $131,206 +36%
- $366,434$497,641 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.
- Mukwonago$2,612
- Wisconsin$1,770
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Mukwonago, WI rose 7.4% over the past year — faster than the nation's +1.2%.
Living in Mukwonago, Waukesha County, Wisconsin
Mukwonago is a village of 8,262 people in Waukesha County. Half its households earn more than $98,273 a year and half less, against $106,076 across Waukesha County; 4% of its people live below the poverty line. 73% of its homes are lived in by their owners and 27% are rented. Unemployment in Waukesha County was 3.1% in August 2026, and the county had 0.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
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 It can be wrong or out of date.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. Mukwonago is a village where most homes are lived in by their owners, and where the typical home is worth a good deal. Incomes run a little below those across Waukesha County, and poverty is uncommon. The population is a fairly even mix of ages, and a good share of adults hold a four-year degree. Winters are cold, with January the coldest month and highs staying below freezing, while July brings warm summer days; rain and melted snow add up to a moderate amount through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by manufacturing, professional and business services, and shops. Among the largest workplaces in Mukwonago are Aptar, a plastics manufacturer, Walmart, and Milwaukee Tool. Unemployment in Waukesha County is low and close to where it stood a year earlier, and the county added jobs at a slow pace last year. A typical commute is a fairly short one, and some residents work from home.
Things to do. The Mukwonago River runs in or beside town, and Jericho Creek is a short drive away. Alpine Valley Music Theatre, a theatre for concerts, is also a short drive away. For a longer outing, Geneva Lake is a lake that draws visitors, and the Milwaukee Art Museum is a museum in the city, both a longer drive away.
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- 3,331households
- 37%of adults have a degree
- 4%below the poverty line
- 22 mintypical commute
- 15%work from home
What residents work in
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
Coldest in January, with highs near 29° and lows near 12°; warmest in July, with highs near 82° and lows near 60°. About 36 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rochester Wwtp weather station, 10 miles away (NOAA).
Largest workplaces in Mukwonago
- Aptar - MukwonagoAwnings, rigid plastics or fiberglass, manufacturing476
- WalmartWarehouse clubs and supercenters414
- Milwaukee ToolLevels, carpenter's, manufacturing368
- Roundy'sSupermarkets and other grocery except convenience stores172
- Badger Color ConcentratesPackaging, plastics, manufacturing154
- Campbell ConstructionCommerical and institutional building construction73
- Dousman Transport Co51
- Mukwonago Animal HospitalVeterinary clinics50
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,969 people in all. 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
- Cold wavesRelatively high
- HailRelatively high
- TornadoesRelatively high
- Winter weatherRelatively high
- Heat wavesRelatively moderate
- 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.
Mukwonago home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Mukwonago$497,641
- Wisconsin$337,196
- United States$366,157
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 4 Mukwonago 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.
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.
- Mukwonago22.27%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Mukwonago45
New listings per month
Sellers arriving at the market.
- Mukwonago13
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Mukwonago$463,692
- United States$370,717
Zip codes with a Mukwonago address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Mukwonago — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.