Median home in Madison: $365,000. Tax rate: 1.96%. Compare Madison neighborhoods by price, schools, and lifestyle to find the right fit.
Population
269,840
Median Home Price
$365,000
Property Tax Rate
1.96%
Median Income
$72,420
Cost of Living
108/ 100
Madison, WI is a community of 269,840 residents with distinct neighborhoods that vary in character, price, and amenities. The median home price citywide is $365,000, but individual neighborhoods can range well above or below this figure.
With a cost of living index of 108 and a median household income of $72,420, Madison offers neighborhoods at multiple price points. Budget-friendly areas may offer larger homes for less, while premium neighborhoods command higher prices but may include better schools and amenities.
When evaluating neighborhoods in Madison, consider property tax rates (averaging 1.96%), school quality, proximity to work, walkability, and future development plans. The right neighborhood balances lifestyle preferences with financial realities.
Use our free calculator with Madison-specific data already filled in.
Open Madison CalculatorPlanning a move to Madison? Cost of living index: 108/100. Median home: $365,000. Median income: $72,420. Get the full relocation breakdown.
Median home price in Madison: $365,000. Property tax rate: 1.96%. Get mortgage estimates, affordability analysis, and local market insights.
Madison cost of living index: 108/100 (100 = national avg). Median home $365,000, median income $72,420. See housing, groceries & more.
Median household income in Madison: $72,420. Cost of living index: 108/100. See how far your salary really goes and compare local job market data.
Property tax rate in Madison: 1.96%. Median home price: $365,000. Calculate your annual bill, compare to state averages, and find exemptions.
Should you rent in Madison? Cost of living index: 108/100. Median income: $72,420. See how much rent you can afford and where to look.
What does commuting cost in Madison? Population: 269,840. Median income: $72,420. Compare transit, driving, and biking options with real local data.