Madison, WI — Demographics & Statistics
ZIP code 53703 serves a portion of Madison, Wisconsin, within Dane County. This community is home to approximately 55,933 residents, with a median age of 30.2 years. The median household income of $65,451 sits below the national median of $67,521, while median home values of $425,431 are above the national average of $301,500. The area has a owner-majority housing profile, with 74% owner-occupied and 26% renter-occupied units. Cost of living in this part of Madison is lower than the national baseline, with an index of 93 (100 = national average). With a college-education rate of 30% and an unemployment rate of 9.6%, 53703 reflects the economic character of Dane County in Wisconsin.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 55,933 | — |
| Population | Density (per sq mi) | 8,749 | — |
| Economics | Median Household Income | $65,451 | ↓ 3% vs nat'l avg |
| Economics | Median Home Value | $425,431 | ↑ 41% vs nat'l avg |
| Economics | Cost of Living Index | 93 | ↓ Lower than avg |
| Economics | Unemployment Rate | 9.6% | ↑ 146% vs nat'l avg |
| Economics | Below Poverty Line | 8.1% | ↓ 29% vs nat'l avg |
| Education | College Educated (25+) | 30% | ↓ 14% vs nat'l avg |
| Demographics | Median Age | 30.2 yrs | ↓ 21% vs nat'l avg |
| Housing | Owner-Occupied | 74% | — |
| Housing | Renter-Occupied | 26% | — |
| Housing | Total Housing Units | 22,932 | — |