Madison, WI — income, home value, property tax, and sales tax.
In ZIP code 53521, near Madison, homes carry a median value of $391,100, and the county-level effective property tax rate of 1.60% translates to roughly $6,258 in annual property taxes on such a home. Area households earn a median of $108,036, so that tax bill equals about 5.8% of median household income, a meaningful but not overwhelming share. Per-capita income stands at $47,112. A combined sales tax rate of 5.50% applies to purchases. Together, these figures show a housing market where prices are substantial but incomes generally keep pace with the resulting tax obligations.
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