Interested in purchasing investment houses in the 53714 zip code in Madison, WI?
The zip code 53714 is in Dane county with a latitude of -89.312160000000 and longitude of 43.098680000000, is in the state of Wisconsin. The average asking price of houses and condos is $172,112.00 and the average sale price was $145,237.00. this regions is classified as the Madison metro area and is in the 608 area code. The location in degrees is 43° 5' 55.248" N, 89° 18' 43.776" W. The county F.I.P.S. is 55025. This zip code contains two cities including Madison, WI (93.71%), and Monona, WI (0.32%) The total land area is 4.6 square miles and the water area is 0.0 square miles. The elevation in this area is 902 - 948 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53714 is in county number 025 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 16,323 in 2019 and 16,463 in 2010. This further breaks down to 8,211 males (50.3%) and 8,111 females (49.7%). The median age of residents is 39.3 years. The population of the greater Madison, WI area is 576,264. The population density (people per square mile) is 3,542. This zip code has a combined total of 7,368 houses and condos. There are 2,950 rented appartments. 41% of residents rent versus the 41% 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 $44,553 and the average salary is $39,009. The median household income of individuals is $59,937.00 and the average is $52,990.00. This zip code has a mean commute time to work of 21.4 minutes. The unemployment rate is 3.6%. Income earners by percent breakdown as 38.70% (Under $50,000), 44.60% ($50,000-$100,000), and 16.60% earn over $100,000. 12.7% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 96.6. The educational breakdown is 92.1% have a high school education or higher, 34.0% have a bachelor's degree or higher, and 11.7% have some kind of profesional degree.
This area has 7,088 households and the average size is 2.2 people. Individuals who are single and have never been married are 38.5%, 41.0% are now married, 1.2% are separated, 5.2% are widowed, and 14.0% are divorced. The average yearly contribution amount given by people to charity was $1,919 versus the state average of $3,370. The percent of residents who gave to charity was 25.5%.
The estimated median value of houses and condos is $206,443. The median monthly owner costs of mortgage holders was $1,490, where as the costs for those who don't have a mortgage are $603. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 2.0% which equated to an average real estate tax amount payment of $4,212. 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 2.1% which amounted to an average tax amount of $4,285. 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 $4,056. Reported taxable interest for persons was $714, dividends $2,379, capital gains +$3,875, and itemized deductions $16,271. The average earned income tax credit is $1,867. The percent of individuals that use a tax preparer is 40.1%. The total average income taxes paid by individuals was $7,681. Businesses reported an average profit of $8,913.
Toby's Supper Club
3717 S Dutch Mill Rd, Madison, WI 53718 (1.9 miles away)
Edo Japan
6309 Monona Dr, Monona, WI 53716 (2.4 miles away)
Takumi Japanese Restaurant
4222 E Towne Blvd, Madison, WI 53704 (2.6 miles away)
Johnny Delmonico's
130 S Pinckney St, Madison, WI 53703 (3.9 miles away)
Greenbush Bar
914 Regent St, Madison, WI 53715 (5 miles away)
Outpost Bar & Grill
227 S Main St, Cottage Grove, WI 53527 (5.7 miles away)