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According to statistics, the population in Madison, WI amounts to 248,856, which shows growth 1% compared to the previous year. The median age of the city’s residents is 31. The average household income is $59,387, shifting growth 5% from the past year, and the average property value in Madison, WI growth 3% to $223,300 throughout the year.
|Number Of Employees||146,106|
|Median Property Value||$223,300|
The average household income in Madison, WI grew from $56,464 to $59,387 in the past year. This data is an estimate based upon 107,890 households in Madison, WI . The chart below presents how household income is distributed in Madison, WI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Madison, WI shifted from $217,000 to $223,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Madison, WI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Madison, WI properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Madison, WI compared to median property taxes around the country. The prevalent amount of property taxes in Madison, WI equals $3000, which is less than the national average.