Historic Third Ward, Milwaukee, WI demographics:
population, income, and more
Historic Third Ward population
How many people live in Historic Third Ward
Historic Third Ward is home to 2,745 residents, according to the most recent Census data. Gender-wise, 51.4% of Historic Third Ward locals are male, and 48.5% are female.
Age demographics
The median age in Historic Third Ward is 32, with the population distributed as follows: about 2.2% are children under 15, then 18.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 46.8% of the population, while another 17.8% fall into the 45 to 64 bracket. Finally, around 14.3% are 65 or older.
Racial makeup
In Historic Third Ward, 89.1% of the population are US-born citizens, while 5.8% have gained naturalized citizenship. At the same time, 5.1% of residents are non-citizens. As for race, 72.9% of locals are Caucasian, 10.4% are African American and 5.8% have Asian roots. There’s also a share of 7.2% that includes residents with two or more races.
Households in Historic Third Ward
A peek inside Historic Third Ward households
Historic Third Ward has 1,788 households, with an average of 1 members in each. Of these, 19.7% are families, while the remaining 80.3% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Historic Third Ward
The housing landscape of Historic Third Ward
Historic Third Ward's housing consists of 2,012 units, with 3.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.3% and offer a more compact, shared living style.
The age of buildings in Historic Third Ward
In Historic Third Ward, the median construction year is 1967. About 28.5% of homes were built before the 1940s, with another 5.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 12.3% of homes were added from 2000 to 2009, 12.6% between 2010 and 2019, and 1.3% are part of the newest wave of development.
Historic Third Ward occupancy rates
Out of the 1,788 occupied housing units in Historic Third Ward, 21.4% are owner-occupied, while 78.6% are lived in by tenants. Meanwhile, 11.1% of all homes on the local market sit vacant.
Historic Third Ward housing costs
Housing costs in Historic Third Ward come to a median of $1,457 per month, while tenants specifically pay a median gross rent of $1,259.
Education in Historic Third Ward
Historic Third Ward education at a glance
About 13.8% of the population in Historic Third Ward went to high school, while 18.1% pursued college studies. Another 4.4% earned an associate degree and 39% hold a bachelor’s. Meanwhile, 23.8% went even further, earning a master’s or doctorate.
Income in Historic Third Ward
How much people earn in Historic Third Ward
The average annual household income in Historic Third Ward was $101,531 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.6% change from the previous year. At the same time, the median income stood at $71,034, reflecting a +3.7% shift over the same period.
Historic Third Ward income by age
In Historic Third Ward, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $76,735. Those with someone between 45 and 64 in charge, often well established professionally, earn $76,042 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $38,732, while those led by someone over 65, many of whom may be retired, have about $69,205 in earnings. Overall, 84% of the locals in this community live above the poverty line.
Employment in Historic Third Ward
Workforce and job types in Historic Third Ward
The job market in Historic Third Ward is powered by 1,952 working residents, spread across a range of industries and roles. 92.1% of the working population are employed in professional or administrative positions, while 7.9% are in hands-on or service-based jobs. Also, 6.6% run their own businesses, 71.1% are employed by private companies, and 9.3% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Historic Third Ward stands at 4.5%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Historic Third Ward
How people get around in Historic Third Ward
Commuting methods vary: 76.2% of residents travel by personal vehicle and 16.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Historic Third Ward by zipcode?
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FAQs about Historic Third Ward demographics
What is the total population of Historic Third Ward?
What is the gender ratio in Historic Third Ward?
- 51.4% males (1,412 residents)
- 48.5% females (1,332 residents)
What is the median age in Historic Third Ward?
What is the age distribution of the population in Historic Third Ward?
- Under 15: 2.2% (61 residents)
- Ages 15-24: 18.9% (519 residents)
- Ages 25-44: 46.8% (1,285 residents)
- Ages 45-64: 17.8% (488 residents)
- Over 65: 14.3% (392 residents)
What is the racial and ethnic makeup of Historic Third Ward?
- White: 72.9% (2,000 residents)
- Black or African American: 10.4% (284 residents)
- American Indian and Alaska Native: 1.2% (33 residents)
- Asian: 5.8% (159 residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 7.2% (197 residents)
- Other: 2.6% (72 residents)
What percentage of the population in Historic Third Ward are U.S.-born citizens?
How many housing units are there in Historic Third Ward?
How many households are in Historic Third Ward and what is the average household size?
What is the median household income in Historic Third Ward?
What is the employment rate and job market overview for Historic Third Ward?
Job types:
- White-collar workers: 92.1% (1,797 residents)
- Blue-collar workers: 7.9% (155 residents)
Places of employment:
- Self-employed: 6.6% (128 residents)
- Private companies: 71.1% (1,388 residents)
- Governmental workers: 9.3% (182 residents)
- Not-for-profit companies: 13% (253 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.