Madison, WI — income, home value, property tax, and sales tax.
In ZIP code 53716, near Madison, households earn a median of $91,716, with per-capita income at $51,360. A median home value of $356,800 pairs with a county property tax rate of 1.63%, which works out to roughly $5,800 in annual property taxes before any exemptions. Sales tax in the area totals 5.50%, so everyday purchases carry a smaller share of the overall tax load than the property levy does. Together, these figures sketch a cost picture where housing and its associated property tax dominate, while income levels here sit well above what the sales tax rate alone would demand.
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