Menomonee Falls, WI · Market Data

Menomonee Falls, Wisconsin real estate market data.

Real estate market data for Menomonee Falls, WI (Waukesha County) — Census median home value $341,600, county listing prices roughly flat over the past year.

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Menomonee Falls, WI is in Waukesha County, Wisconsin — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 38,963, with a median household income of $98,460. Census data puts Menomonee Falls's median home value at $341,600 (all owner-occupied homes); Waukesha County's current median listing price runs $589,450, roughly flat over the past year.

At a glance

Menomonee Falls market snapshot

Population

38,963

Median Household Income

$98,460

Median Home Value (city)

$341,600

Median Listing Price (Waukesha County)

$589,450

Median Gross Rent

$1,257/mo

Price Trend (YoY)

-0.1%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Menomonee Falls

What makes Menomonee Falls different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Menomonee Falls's median home value — across all owner-occupied homes, not just recent sales — at $341,600. Separately, Waukesha County's current median listing price (via Realtor.com data, 2026-06-01) runs $589,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.

Population & Income

Menomonee Falls has an estimated population of 38,963 and a median household income of $98,460, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Menomonee Falls's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Menomonee Falls FAQ

What are home values like in Menomonee Falls, WI?

The Census Bureau's American Community Survey puts Menomonee Falls's median home value at $341,600. Waukesha County's current median listing price runs $589,450, roughly flat over the past year.

What is the population of Menomonee Falls, WI?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Menomonee Falls's population at approximately 38,963.

What's the median rent in Menomonee Falls, WI?

The Census ACS estimates median gross rent in Menomonee Falls at approximately $1,257 per month.

What is the median household income in Menomonee Falls, WI?

Census ACS data puts the median household income in Menomonee Falls at approximately $98,460.

Is the Menomonee Falls housing market growing?

Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.

Is Menomonee Falls, WI affordable relative to income?

Census ACS data puts Menomonee Falls's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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