Madison, WI — income, home value, property tax, and sales tax.
Households in ZIP code 53515, near Madison, earn a median of $92,625, placing the area squarely in middle- to upper-middle-income territory rather than among Wisconsin's wealthiest enclaves. Per-capita income reaches $50,527, and median home values sit at $361,300. Property taxes in this Dane County area run at an effective rate of 1.63%, so a home at that median value generates an annual bill of roughly $5,900. Combined sales tax comes to 5.50%, a fairly standard Wisconsin figure. The picture is one of comfortable, established homeowners carrying a real but not crushing property tax obligation alongside above-average earnings.
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