MadisonWisconsin

Madison Population Demographics

According to US population projections for 2022, the estimated population of Madison is 269,162. 21.88% is under 18, while 13.48% is over 65.

A closer look at the age demography reveals that 5.24% of the population was five years old or younger, 21.88% were 18 years or younger and 23.56% were aged 65 years and over. The gender split in the state was nearly even, with 50.53% female and 49.47% male.

Madison Housing

According to the US Census, Madison has 129,717 housing units. The average owner-occupied housing unit rate in Madison was 95.54%. At the same time, the city's median value of owner-occupied homes was $321,800

Madison Racial Demographics

In 2020, the US Census estimated that White Alone and Asian Alone constitute 80.52% of Madison's population. Residents of the city who were Black Or African American Alone, made up 7.42% of the total population.

Other racial groups include Some Other Race Alone, constituting 3.76% of the city's population and White Black Or African American at 1.41%

How Educated is Madison

According to Census estimates, in 2021, 33.3 of Madison residents had a bachelor's degree, while 25.6 had a graduate or professional degree.

Overall, 58.90% of residents have a bachelor's degree or higher.

Average Income in Madison

The median household income in Madison is $67,270. This figure is significantly (approximately 0.00%) less than the state average of $67,270.

Estimates by family type revealed that families earned an average of $104,651 per year, while married-couple families earned an average of $124,684.

A closer examination of the income groups of Madison households revealed that the largest income group consisted of households with an annual income between $100,000 and $149,999. Other groups with yearly high household incomes include those between $50,000 and $74,999 (16.5%) and those with incomes exceeding $200,000 (8.7%). 8.4% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family