Here's what it costs to live in Madison, Wisconsin, based on the latest US government data. Renters pay a median of $1,413 per month, while the typical home is valued around $372,900. Households earn a median of $78,050 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 27. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$78,050
Median Income / yr
Census ACS
$1,413
Median Rent / mo
Census ACS
$372,900
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$1,268
HUD · FY2024
1BR Fair Market Rent
$1,482
HUD · FY2024
2BR Fair Market Rent
$1,694
HUD · FY2024
3BR Fair Market Rent
$2,236
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
278,001
Latest estimate
Median Age
31.8 yrs
Census ACS
27.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
20
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,315
Per month
Avg Home Value
$369,561
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 53532 | — | $1,280 | $301,600 |
| ZIP 53558 | — | $1,372 | $357,900 |
| ZIP 53562 | — | $1,339 | $468,800 |
| ZIP 53590 | — | $1,315 | $330,100 |
| ZIP 53593 | — | $1,474 | $439,100 |
| ZIP 53597 | — | $1,274 | $428,700 |
| ZIP 53703 | — | $1,354 | $461,600 |
| ZIP 53704 | — | $1,182 | $268,400 |
| ZIP 53705 | — | $1,240 | $427,400 |
| ZIP 53706 | — | — | — |
Showing top 10 of 20 tracked neighborhoods.
January Avg
20°F
July Avg
72°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
32.5
poor
Hospitals
5
Doctors per 1,000
1.00
Insurance Coverage
95.8%
The cost of living index for Madison is not yet available.
The median gross rent in Madison is $1,413 per month according to US Census ACS data.
The median household income in Madison is $78,050 per year.
The median home value in Madison is $372,900 based on the latest Census ACS survey.
Madison has an average Air Quality Index (AQI) of 27.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Wisconsin is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
