Quick facts: Cudahy, WI

Quick Facts

100.2
Cost of Living
above US average
17,796
Population
12.53
Crime Rate per 1000
below US average
$66,592
Median Income
below US average
$284,900
Median House Price
above US average
$1166.11
Average Rent
below US average
11%
Poverty Rate
above US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $66,592.

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Income Needed to Buy

βœ— Stretch
$89k/year
Based on $284,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $89k vs median $66,592
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Income Needed to Rent

βœ“ Affordable
$50k/year
Based on $1166.11/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($66,592) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cudahy, WI

Cudahy is a vibrant city located in Milwaukee County, Wisconsin, just south of Milwaukee along the scenic shores of Lake Michigan. Known for its close-knit community atmosphere, Cudahy offers a blend of suburban charm and urban conveniences. The city was established in the late 19th century and has a rich history tied to the meatpacking industry, evidenced by the presence of several historical sites. Cudahy is characterized by its tree-lined streets, parks, and recreational areas, including the popular Cudahy Park and Warnimont Park, which offer outdoor spaces for sports, picnics, and walking trails. The city is also home to various annual events that celebrate community spirit, such as parades and festivals. With its diverse dining options, ranging from casual eateries to local favorites, residents and visitors can enjoy a variety of cuisines. Cudahy's proximity to Milwaukee allows for easy access to a wider array of entertainment, cultural attractions, and job opportunities, making it an appealing place for families and individuals alike. Overall, Cudahy embodies a small-town feel while being conveniently close to city amenities.

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