Interested in purchasing investment houses in the 53711 zip code in Madison, WI?
The zip code 53711 is in Dane county with a latitude of -89.409220000000 and longitude of 43.015030000000, is in the state of Wisconsin. The average asking price of houses and condos is $274,958.00 and the average sale price was $255,464.00. this regions is classified as the Madison metro area and is in the 608 area code. The location in degrees is 43° 0' 54.108" N, 89° 24' 33.192" W. The county F.I.P.S. is 55025. This zip code contains two cities including Fitchburg, WI (51.54%), and Madison, WI (26.57%) The total land area is 25.5 square miles and the water area is 3.5 square miles. The elevation in this area is 856 - 1043 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53711 is in county number 025 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 50,608 in 2019 and 45,728 in 2010. Of this, the break down in 2019 was 47,512 urban and 3,095 rural. This further breaks down to 24,773 males (49.0%) and 25,834 females (51.0%). The median age of residents is 36.6 years. The population of the greater Madison, WI area is 576,264. The population density (people per square mile) is 1,983. This zip code has a combined total of 22,502 houses and condos. There are 8,218 rented appartments. 38% of residents rent versus the 38% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $81,047 and the average salary is $63,388. The median household income of individuals is $69,985.00 and the average is $100,560.00. This zip code has a mean commute time to work of 21.3 minutes. The unemployment rate is 2.1%. Income earners by percent breakdown as 32.50% (Under $50,000), 39.10% ($50,000-$100,000), and 28.40% earn over $100,000. 8.7% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 97.3. The educational breakdown is 97.8% have a high school education or higher, 64.2% have a bachelor's degree or higher, and 30.5% have some kind of profesional degree.
This area has 18,892 households and the average size is 2.3 people. Individuals who are single and have never been married are 34.2%, 52.0% are now married, 0.7% are separated, 3.6% are widowed, and 9.5% are divorced. The average yearly contribution amount given by people to charity was $3,898 versus the state average of $3,370. The percent of residents who gave to charity was 40.2%.
The estimated median value of houses and condos is $323,431. The median monthly owner costs of mortgage holders was $1,952, where as the costs for those who don't have a mortgage are $805. The median number of rooms in houses and condos are 7.2 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 2.0% which equated to an average real estate tax amount payment of $6,437. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,320. The median housing property tax percent for residents with mortgages was 2.0% which amounted to an average tax amount of $6,486. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.0% which amounted to an average tax amount of $6,349. Reported taxable interest for persons was $1,538, dividends $6,168, capital gains +$13,169, and itemized deductions $26,169. The average earned income tax credit is $2,051. The percent of individuals that use a tax preparer is 43.3%. The total average income taxes paid by individuals was $14,178. Businesses reported an average profit of $14,552.
Gino's Italian Deli
4606 Verona Rd, Madison, WI 53711
Brasserie V
1923 Monroe St, Madison, WI 53711
Christy's Landing
2952 Waubesa Ave, Madison, WI 53711
Tai's Asian Bistro
638 S Whitney Way, Madison, WI 53711
Liliana's Restaurant
2951 Triverton Pike Dr, Fitchburg, WI 53711
Luigi's Pizzeria
515 S Midvale Blvd, Madison, WI 53711
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