Madison, Wisconsin, is a Midwestern gem that seamlessly blends urban convenience with a relaxed, family-friendly atmosphere. Forget the car-dependent sprawl of many American cities; here, a car is almost optional. With a Walk Score of 91 and a Bike Score that mirrors it, you can easily navigate the city on foot or by bike. Imagine strolling along scenic lakeside paths, then popping into a local coffee shop, all within minutes of your front door. While the median home value of $315,000 is still below the national average, the city boasts a high quality of life that's hard to beat. The median rent is $1,756, offering a more affordable option, and the overall vibe is one of community and understated cool.
From an investment perspective, Madison presents a compelling case. The unemployment rate is a remarkably low 2.4%, signaling a robust job market. Though the homeownership rate is low, the demand for housing is steady, fueled by the city's appeal to young professionals and families. The violent crime rate is a reassuring 3.2 per 1,000 residents, and property crime is also relatively low at 15.5 per 1,000 residents, fostering a sense of security. This is a city that attracts those seeking a vibrant, active lifestyle with a strong emphasis on education and community involvement.
Madison's commitment to quality of life extends beyond just its walkable streets. The air quality is excellent, with an AQI of 13, and the noise level is considered quiet, making it easy to unwind at the end of the day. While the electricity rate is 15.8¢/kWh, the city has a strong focus on sustainability and green initiatives. The city offers a unique blend of natural beauty and cultural attractions, from the vibrant State Street to the stunning views of Lake Monona, making it a truly special place to call home.
Median Home Value
$315,000
Median Income
$67,565
Population
269,840
Walk Score
91
Air Quality
AQI 13
Good
Climate Risk
Relatively Low
- Population
- 269,840
- Median Age
- N/A
- Median Household Income
- $67,565
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $315,000
- Median Rent
- $1,756
- Homeownership Rate
- 0.0%
- Affordability Index
- N/A
- Violent Crime Rate
- 3.2 per 1K
- Property Crime Rate
- 15.5 per 1K
- AQI
- 13
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 50.5
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
- Aviation
- 0 dBA
- Rail
- 0 dBA
- Electricity Rate
- 15.8¢/kWh
- Est. Monthly Electric
- $142
- Unemployment Rate
- 2.4%
- Poverty Rate
- N/A
Weather & Climate in Madison
Avg High
57°F
Avg Low
41°F
Annual Rainfall
32.2"
Avg Humidity
71%
Political Landscape
→ Politically stable
Based on Dane County county-level presidential election data
Culture & Things to Do in Madison
Art Fair on the Square
A large annual art fair held around the Capitol Square.
Madison Marathon
A popular marathon event that takes place each year.
Dane County Farmers' Market
A large farmers' market held around the Capitol Square on Saturdays.
La Fête de Marquette
A free, family-friendly festival in the Marquette neighborhood with live music, food, and activities.