Madison, WI — income, home value, property tax, and sales tax.
In ZIP code 53589, near Madison, homes carry a median value of $341,000 while the county-level effective property tax rate sits at 1.63%, yielding an annual bill of roughly $5,558. Households here bring in a median of $96,226, so that tax equals about 5.8% of income, a share that shapes what buyers can take on. Per-capita income reaches $54,176. A combined sales tax of 5.50% applies to purchases. Together these figures show how local earnings stack up against both ownership costs and everyday consumption taxes in this part of the Madison area.
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