53703 Zip Code

April 20, 2024

Zip Code:	53703
City/Town:	Madison
State:	Wisconsin

Population:	27,958
Per Capita Income:	$18,931
Mean Household Income:	$33,631

Total Housing Units:	14,051
Median Home Value:	$149,800
Median Year Homes Built:	1950

Land Area:	1.8 sq miles 4.7 sq kilometers
Water Area:	0.0 sq miles 0.1 sq kilometers

Population Information (53703 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

27,958

Male:

14,990

53.6%

49.2%

Female:

12,968

46.4%

50.8%

Median Age:

24.3 yrs

37.2 yrs

Under 5 years:

361

1.3%

6.5%

5 to 9 years:

262

6.0%

6.6%

10 to 19 years:

1,909

6.8%

13.8%

20 to 29 years:

17,193

61.5%

13.8%

30 to 39 years:

3,324

11.9%

13.0%

40 to 49 years:

1,609

5.8%

14.2%

50 to 59 years:

1,650

5.9%

13.6%

60 to 69 years:

945

3.4%

9.4%

70 to 79 years:

313

1.1%

5.4%

80 years and over:

392

1.4%

3.7%

Housing Information (53703 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$149,800

$119,600

Median year homes build:

1950

1971

Median real estate taxes:

$3,258 / yr.

$1,334 / yr.

Median rent:

$538 / mo.

$519 / mo.

Total households:

14,051

Family households:

1,955

13.9%

66.4%

Nonfamily households:

12,096

86.1%

33.6%

Households with individuals under 18 years:

628

4.5%

33.4%

Households with individuals 65 years and over:

776

5.5%

24.9%

Average household size:

1.8

Average family size:

2.4

Total housing units:

15,128

Occupied housing units:

14,051

92.9%

88.6%

Vacant housing units:

1,077

7.1%

11.4%

For rent:

675

4.5%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

0.6%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

158

1.0%

3.5%

All other vacants:

0.6%

2.8%

Homeowner vacancy rate:

4.0%

2.4%

Rental vacancy rate:

5.3%

9.2%

Owner-occupied housing units:

2,010

Population in owner-occupied housing units:

3,929

Average household size of owner-occupied units:

2.0

2.65

Renter-occupied housing units:

12,041

Population in renter-occupied housing units:

21,511

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (53703 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

10,764

Less than 9th grade:

148

1.4%

6.2%

9th to 12th grade, no diploma:

444

4.1%

8.7%

High school graduate (includes equivalency):

1,331

12.4%

29.0%

Some college, no degree:

1,860

17.3%

20.6%

Associate degree:

496

4.6%

7.5%

Bachelor's degree:

3,453

32.1%

17.6%

Graduate or professional degree:

3,032

28.2%

10.3%

Percent high school graduate or higher:

94.5%

85.0%

Percent bachelor's degree or higher:

60.2%

27.9%

Income Information (53703 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

12,783

45.7%

50.4%

Median income:

$10,908 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,651

13.1%

59.7%

Median income:

$25,695 / yr.

$38,349 / yr.

Females 15 years and over with income:

11,323

40.5%

49.6%

Median income:

$8,533 / yr.

$16,327 / yr.

Full-time, year-round workers:

2,264

8.1%

40.3%

Median income:

$26,813 / yr.

$28,135 / yr.

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