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Madison, Wisconsin Mortgage and Housing Information

Population: 208,054
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Madison, Wisconsin and the U.S.
U.S.WisconsinMadison
Median home value
in year 2006		$185,200$163,500$215,500

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.WisconsinMadison
With a mortgage$1,402$1,338$1,569
Without a mortgage$399$470$599

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Madison (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage10,68721.4%
First Mortgage Only26,57953.2%
Second Mortgage and/or Home Equity Loan12,72025.4%
Total49,986100%

Tenancy in Madison

How many people in Madison live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes49,986
Renter-occupied homes41,636
Homes for sale367
Homes for rent3,340
Total103,388

Age of Madison Residents

Median age for males and females (2000).
Males 29
Females 31

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.WisconsinMadison
Median Earnings$27,239$27,143$25,610
Median Earnings, Males$32,396$33,691$30,340
Median Earnings, Females$22,097$21,667$21,443

Males earn $8,897 (41.5%) more than Females in Madison.

Commuting in Madison

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo78,700
Carpooled11,477
Public Transit8,579
Bicycle3,814
Walking12,755
Other Means707
Total, Commuted116,032
Worked from home3,675
Total119,707

Time Spent Commuting in Madison

Time spent commuting in Madison
Time spent in minutesNumber of People
Less than 53,721
5-916,217
10-1425,323
15-1925,894
20-2419,683
25-297,421
30-348,981
35-391,359
40-441,615
45-592,668
60-891,998
Over 901,152

Education

Level of higher education for people over 25 years in Madison (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College9,66414.6%10,71916.1%
Associate Degree4,9097.4%6,86110.3%
Bachelor's Degree17,81426.8%20,80431.3%
Master's Degree10,31815.5%11,12216.8%
Professional Degree3,2314.9%1,8902.8%
Doctorate Degree4,2766.4%1,8902.8%
Total (at least some college)50,21275.7%53,28676.8%
Total over 2566,372100%69,351100%

Comments on Madison

July 24th, 2008

Cool city and capital of the state. If it wasn’t so cold it’d be a great place to live

–Unregistered User

Also See

Latest comment on Madison

July 24th, 2008

Cool city and capital of the state. If it wasn’t so cold it’d be a great place to live

– Unregistered User

Comment on Madison!



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