ZIP Code 53705

In ZIP code 53705, on Madison's west side, homes carry a median value of $475,400, and the county's 1.63% effective property tax rate translates into roughly $7,750 a year in taxes on such a home. Households here earn a median of $88,549, with per-capita income at $64,413, so property taxes alone would absorb close to nine percent of median household earnings. That leaves a meaningful share of income committed to housing before any mortgage payment. Sales tax in the area runs 5.50%, adding a bit more to everyday costs.