Madison, WI cityscape

53703

Madison, WI

Total Population
37,944
Median Household Income
$45,623
Median Home Value
$461,600
Median Rent
$1,354

Quick Facts & Insights

Key metrics and how they compare

Household Income
$45,623
100.3% above state median
Home Value
$461,600
102.9% above state median
Rent
$1,354
100% above state median
Median Age
24.6 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Madison, WI 53703

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Madison, WI

Median household income is 100% below state average, suggesting more affordable cost of living.

High education levels with 69.9% holding bachelor's degrees or higher, well above national average of 33%.

Young population with median age of 24.6 years, attracting young professionals and families.

Strong job market with unemployment rate of 2.9%, below national average.

High remote work adoption with 29.0% working from home.

Poverty rate of 38.9% is above national average of 11.5%.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$45,623
-39.3% vs US
vs State Median
+-100.3%
State: $-15,996,291
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 1.82 people

Total Households
19,486
Family Households
11.3%

Employment by Industry

Where residents work

#1 Industry
Finance
38.1%
#2 Industry
Education
30.3%
#3 Industry
Manufacturing
13.3%
Total Employed Residents:11,209

Commute Patterns

How residents get to work

Short Commute
3.3%
Under 10 minutes
Long Commute
2.1%
Over 60 minutes
Work From Home
29.0%
6,507 workers
Public Transit
15.4%
3,463 workers
Total Commuting Workers:22,459
Commute Insights
High remote work adoption (29.0% work from home)
Good public transit usage (15.4% of workers)

Labor Force Statistics

Employment Rate
97.1%
26,130 employed
Labor Force
26,931
788 unemployed
Median Age
24.6 years
Per Capita Income
$45,814
Poverty Rate
38.9%

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