53713 Madison, WI is a great city to call home. Located in Dane County, the cost of living is quite affordable when compared to the national average. For those looking for a two-bedroom apartment, rent prices are estimated at around $1,220 per month. This is slightly lower than the national average of $1,430 for two bedroom rent prices. Additionally, the grocery cost index in Madison is 96 compared to the national average of 100.
Madison also has access to great amenities and businesses such as Metcalfe’s Market which specializes in local groceries and products. Similarly, there is also Woodman’s Market for all your food needs and Total Wine & More for all your drinks and spirits needs. Madison also offers fantastic cuisine from local restaurants like Dotty Dumpling’s Dowry and The Old Fashioned that offer delicious meals made with fresh ingredients!
Madison (zip 53713) has an unemployment rate of 3.3%. The US average is 6.0%.
Madison (zip 53713) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Madison (zip 53713)
- The Sales Tax Rate for Madison (zip 53713) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Madison (zip 53713) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Madison (zip 53713)
- The average income of a Madison (zip 53713) resident is $21,567 a year. The US average is $28,555 a year.
- The Median household income of a Madison (zip 53713) resident is $53,882 a year. The US average is $69,021 a year.