Pros and Cons of Living In Madison, Wisconsin. Is Madison, WI a Nice Place To Live or Retire?

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Madison, Wisconsin

Moving to Madison In Wisconsin ? Is Madison, WI a Nice Place To Live? Pros and Cons of Living in Madison, Wisconsin. Find out the best and worst about to live, raise a family or retire in Madison.

Madison is the capital city of the U.S. state of Wisconsin. It is the second-most populous city in Wisconsin, 16th-most populous city in the Midwest, and 77th-most populous city in the United States with a population of 269,840 at the 2020 census. The Madison metropolitan area had 680,796 residents. Centrally located on an isthmus between Lakes Mendota and Monona, the vicinity also encompass Lakes Wingra, Kegonsa and Waubesa. Madison was founded in 1836 and is named after American Founding Father and President James Madison. It is the county seat of Dane County.

As the state capital, Madison is home to government chambers including the Wisconsin State Capitol building. It is also home to the University of Wisconsin–Madison, the flagship...

DEMOGRAPHICS

Population
258366
Unemployment
2.8%
40% NAT AVG.
Poverty
16.4%
17% NAT AVG.
Cost Of Living
109
9% NAT AVG.

ECONOMICS

Median Home Cost
$262400
14% NAT AVG.
Median Income
$67565
0% NAT AVG.
Median Rent
$1147
1% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
8143
32% NAT. AVG.
71% STATE AVG.
Violent Crime
842
17% NAT. AVG.
1% STATE AVG.
Property Crime
7301
42% NAT. AVG.
87% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 36
People Earning < $10,000
1 in 16
People Earning < $50,000
37.1%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Madison USA
White 72.9% 60.1%
African American 6.4% 12.2%
American Indian 0.3% 0.6%
Asian 9.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.7% 2.8%
Hispanic 7.2% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Madison USA
Less than $10,000 6.1% 5.8%
$10,000 to $14,999 3.8% 4.1%
$15,000 to $24,999 7.2% 8.5%
$25,000 to $34,999 8.2% 8.6%
$35,000 to $49,999 11.8% 12.0%
$50,000 to $74,999 18% 17.2%
$75,000 to $99,999 13.7% 12.8%
$100,000 to $149,999 16.8% 15.6%
$150,000 to $199,999 7.1% 7.1%

EDUCATION

Education Madison USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 14% 27.0%
Other College 16% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 32% 20.0%
Master's Degree 16% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 6% 1.0%
Madison is a city in Wisconsin state in USA with a population of 258366 residents.. The poverty rate of Madison is 16.4%, which is 17% higher than national average. The typical household in Madison earns $67565 a year, compared to the national median of $67,500. Nearly 37.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Madison remained 2.8%, which is 40% lower than national rate.

Cost of living in Madison is 109, which is 9% higher than national average. In Madison, only 58% of adults have a bachelor's degree and 24% have some college but no degree. Median home value in Madison is $262400 , which is 14% higher than national average. While median income in Madison remained $67565, which is 0% lower than national average.
Madison Scorecard

Jobs85%

Housing85%

Affordability60%

Safety50%

Amenities95%

Diversity85%

Education90%

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