Is Madison, Wisconsin a Good Place To Live? - Living In Madison, WI
Is Madison, Wisconsin a good place to live?
Madison is a city in Wisconsin state in USA with a population of 258366 residents..
The poverty rate of Madison is 16.4%, which is 17% higher than national average.
The typical household in Madison earns $67565 a year, compared to the national median of $67,500.
Nearly 37.1% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Madison, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 58% of adults have a bachelor's degree and 24% have some college but no degree.
Cost of living in Madison is 109, which is 9% higher than national average. Median home value in Madison is $262400 , which is 14% higher than national average. While median income in Madison remained $67565, which is 0% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Madison, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 58% of adults have a bachelor's degree and 24% have some college but no degree.
Cost of living in Madison is 109, which is 9% higher than national average. Median home value in Madison is $262400 , which is 14% higher than national average. While median income in Madison remained $67565, which is 0% lower than national average.
Population
258366
Unemployment
2.8%
Poverty
16.4%
Overall Score
8.5
Median Home Cost
$262400
14%
NAT AVG.
Median Income
$67565
0%
NAT AVG.
Median Rent
$1147
1%
NAT AVG.
Cost Of Living
109
9%
NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 36
People Earning < $10,000
1 in 16
People Earning < $50,000
37.1%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.5
Pros & Cons Overview
Jobs85%
Housing85%
Affordability60%
Safety50%
Amenities95%
Diversity85%
Education90%
Commute85%
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