Madison, WI — income, home value, property tax, and sales tax.
Homes in ZIP code 53529 near Madison carry a median value of $392,700, and the county's 1.63% effective property tax rate translates to roughly $6,400 a year in taxes on a home at that price. With median household income at $107,560, that bill equals about 6% of annual earnings, while per-capita income sits at $43,934. A 5.50% combined sales tax applies to purchases in the area. Buyers weighing a move here should factor the tax bill into monthly housing costs, since it adds meaningfully to what a mortgage alone would require.
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