Germantown, WI
Population 20,940 · Wisconsin
About Germantown, WI
Germantown is a mid-sized city located in Wisconsin with a population of 20,940 residents according to the latest US Census Bureau American Community Survey data. The median household income is $104,337 per year, which is 39% above the national median of $75,149. The median age of 42.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Germantown features a median home value of $356,700, which is 46% above the national median of $244,900. This positions Germantown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,310, 13% above the national average of $1,163/month. Of the 8,619 total housing units, 76% are owner-occupied (6,321 units) and 24% are renter-occupied (2,007 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Germantown shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Germantown have an average one-way commute time of 22.3 minutes.
Education & Demographics
48.3% of Germantown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 0.4% Hispanic or Latino, 1.1% Black or African American, and 1.2% Asian residents, with 7.9% of the population being foreign-born.
How Germantown Ranks in Wisconsin
Cost of Living in Germantown, WI
Compared to national averages, Germantown has a median household income of $104,337 (39% above the national median of $75,149). Home values average $356,700, which is 46% above the national median. Monthly rent at $1,310 is 13% above the US average of $1,163. Within Wisconsin, Germantown's income is 44% above the state average of $72,579, and home values are 73% above the state median of $205,802.
Why Live in Germantown, WI?
Germantown offers a strong local economy with a median household income of $104,337, well above the national average, and a strong job market with an unemployment rate of just 2.0%, and a well-educated community where 48.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.2%, better than the national average, and short commute times averaging just 22.3 minutes.
Germantown has a population of 20,940 with a median age of 42.3 years. Compare Germantown with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Germantown
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Milwaukee | 20,547 | $70,146 | $216,400 | Compare |
| Pleasant Prairie | 21,515 | $103,903 | $336,300 | Compare |
| Howard | 20,261 | $84,896 | $286,200 | Compare |
| Middleton | 22,235 | $85,526 | $457,400 | Compare |
| Watertown | 22,873 | $68,333 | $211,500 | Compare |
| Fox Crossing | 18,960 | $74,423 | $228,000 | Compare |
| Onalaska | 18,909 | $84,898 | $279,100 | Compare |
| Wisconsin Rapids | 18,756 | $54,116 | $116,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Germantown With Other Cities
Frequently Asked Questions about Germantown
What is the population of Germantown, WI?
The population of Germantown, WI is 20,940 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Wisconsin.
What is the median household income in Germantown?
The median household income in Germantown, WI is $104,337 per year, which is 39% above the national median of $75,149.
What is the median home value in Germantown?
The median home value in Germantown, WI is $356,700, which is 46% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Germantown?
The median monthly rent in Germantown, WI is $1,310, which is 13% above the national average of $1,163/month.
What is the unemployment rate in Germantown?
The unemployment rate in Germantown, WI is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Germantown, WI a good place to live?
Germantown offers above-average incomes, a competitive housing market, and a strong job market. With a population of 20,940 and a median age of 42.3, the city appeals to a broad range of residents.
How educated is Germantown, WI?
48.3% of residents in Germantown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Germantown?
Key cost-of-living indicators for Germantown, WI: median home value is $356,700 (46% above national), median rent is $1,310/month, and median household income is $104,337. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Germantown?
The poverty rate in Germantown, WI is 3.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Germantown, WI?
Germantown's population is 1.5% White, 0.4% Hispanic or Latino, 1.1% Black or African American, 1.2% Asian, and 4.3% two or more races. 7.9% of residents are foreign-born.