Menomonee Falls, WI
Population 38,963 · Wisconsin
About Menomonee Falls, WI
Menomonee Falls is a mid-sized city located in Wisconsin with a population of 38,963 residents according to the latest US Census Bureau American Community Survey data. The median household income is $98,460 per year, which is 31% above the national median of $75,149. The median age of 42 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 Menomonee Falls features a median home value of $341,600, which is 39% above the national median of $244,900. This positions Menomonee Falls in a moderately priced market relative to the rest of the country. Median monthly rent is $1,257, 8% above the national average of $1,163/month. Of the 16,945 total housing units, 75% are owner-occupied (12,096 units) and 25% are renter-occupied (4,041 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Menomonee Falls shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Menomonee Falls have an average one-way commute time of 20.7 minutes.
Education & Demographics
48.7% of Menomonee Falls 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 2.8% White, 0.7% Hispanic or Latino, 0.5% Black or African American, and 1.7% Asian residents, with 5.9% of the population being foreign-born.
How Menomonee Falls Ranks in Wisconsin
Cost of Living in Menomonee Falls, WI
Compared to national averages, Menomonee Falls has a median household income of $98,460 (31% above the national median of $75,149). Home values average $341,600, which is 39% above the national median. Monthly rent at $1,257 is 8% above the US average of $1,163. Within Wisconsin, Menomonee Falls's income is 36% above the state average of $72,579, and home values are 66% above the state median of $205,802.
Why Live in Menomonee Falls, WI?
Menomonee Falls offers a strong local economy with a median household income of $98,460, well above the national average, and a strong job market with an unemployment rate of just 2.2%, and a well-educated community where 48.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.0%, better than the national average, and short commute times averaging just 20.7 minutes.
Menomonee Falls has a population of 38,963 with a median age of 42 years. Compare Menomonee Falls with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Menomonee Falls
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wausau | 39,893 | $61,877 | $155,900 | Compare |
| New Berlin | 40,384 | $97,414 | $343,500 | Compare |
| Greenfield | 37,361 | $69,016 | $247,800 | Compare |
| Beloit | 36,554 | $59,975 | $133,500 | Compare |
| Oak Creek | 36,473 | $93,120 | $305,100 | Compare |
| Sun Prairie | 36,455 | $90,521 | $339,800 | Compare |
| Brookfield | 41,592 | $124,026 | $419,300 | Compare |
| Franklin | 35,751 | $108,342 | $343,400 | 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 Menomonee Falls With Other Cities
Frequently Asked Questions about Menomonee Falls
What is the population of Menomonee Falls, WI?
The population of Menomonee Falls, WI is 38,963 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 Menomonee Falls?
The median household income in Menomonee Falls, WI is $98,460 per year, which is 31% above the national median of $75,149.
What is the median home value in Menomonee Falls?
The median home value in Menomonee Falls, WI is $341,600, which is 39% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Menomonee Falls?
The median monthly rent in Menomonee Falls, WI is $1,257, which is 8% above the national average of $1,163/month.
What is the unemployment rate in Menomonee Falls?
The unemployment rate in Menomonee Falls, WI is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Menomonee Falls, WI a good place to live?
Menomonee Falls offers above-average incomes, a competitive housing market, and a strong job market. With a population of 38,963 and a median age of 42, the city appeals to a broad range of residents.
How educated is Menomonee Falls, WI?
48.7% of residents in Menomonee Falls 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 Menomonee Falls?
Key cost-of-living indicators for Menomonee Falls, WI: median home value is $341,600 (39% above national), median rent is $1,257/month, and median household income is $98,460. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Menomonee Falls?
The poverty rate in Menomonee Falls, WI is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Menomonee Falls, WI?
Menomonee Falls's population is 2.8% White, 0.7% Hispanic or Latino, 0.5% Black or African American, 1.7% Asian, and 3.6% two or more races. 5.9% of residents are foreign-born.