Madison
Wisconsin · Ranked #47 of 102 metros
50Moderate
Median Home Price
🏠$380K
Need $109K income
Median Rent
🔑$1K
Need $54K income
Housing Shortage
📉12,000
units needed
Building Permits
🔨5,000
annual
Median Income
💰$74K
Pop: 680,796
Rent Burden
⚠️28.5%
of renters paying >30%
Price Change (YoY)
📈+5%
Homeownership
🏡60.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Madison | National |
|---|---|---|
| Price-to-Income Ratio | 5.1x | 6.1x |
| Rent Burden | 28.5% | 31.5% |
| Homeownership Rate | 60.0% | 65.5% |
| YoY Price Change | +5% | +3.5% |
| YoY Rent Change | +4% | +2.8% |
| Mortgage Denial Rate | 10.5% | 13.5% |
| Eviction Rate | 3.0% | 3.6% |