Madison, WI — income, home value, property tax, and sales tax.
With a median household income of $113,261 and per-capita income of $51,192, ZIP code 53507 sits comfortably in affluent territory near Madison. Homes here carry a median value of $347,400, and the county-level property tax rate of 1.52% translates into a meaningful annual bill for owners. A combined sales tax of 5.50% applies to purchases. Together these figures describe an area where earning power runs well above state norms, supported by high property values, and where the tax structure leans on real estate rather than consumption to fund local services.
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