Located on Lake Michigan, the Milwaukee-Racine area (population 1,708,563) is a hub for three principal cities: Milwaukee, Racine, and Waukesha, WI. Known as "The City of Festivals," Milwaukee hosts the record-breaking lakefront music fair, Summerfest, and houses the famous "brise soleil," the new wing on the Milwaukee Art Museum that unfolds like a bird's wing. Racine, known as "The Belle City of the Lakes" boasts several architectural highlights designed by Frank Lloyd Wright.
In 2004, the Milwaukee-Racine, Wisconsin area maintained an average personal income of $36,488. According to the U.S. Department of Commerce's Bureau of Economic Analysis, the average area resident earns approximately 10% more than the average American. Average income has grown about 6.5% over the past 35 years, about 13% below the national average.
The Milwaukee-Racine area's largest employers include:
- Briggs & Stratton
- Johnson Controls
- S.C. Johnson
The Milwaukee area ranked fifth in the nation in the number of Fortune 500 companies measured as a share of the population.
Although Milwaukee is famously known as the "the nation's watering hole" for its association with beer, Miller Brewing employs less than one percent of the city's workers.
- Twenty-two percent of the workforce is involved in manufacturing which is higher than the 16.5% national average.
- Service and managerial jobs are the fastest growing segments of the Milwaukee-Racine economy.
- Healthcare comprises 27% of all service jobs in the area.
For more information on colleges and universities in Wisconsin, explore our Wisconsin state page.