Madison Wisconsin Household Income
The Census ACS 1-year survey reports that the median household income for the Madison Wisconsin metro area was $76,731 in 2021, the latest figures available. Madison median household income is $9,606 higher than the median Wisconsin household income and $7,014 greater than the US median household income. 2022 metro income data (including Madison median household income) will be released in September of 2023. Median family and per capita income for Madison are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Madison Wisconsin
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Wisconsin | $67,125 | -2.31% | +2.37% |
| Madison | $76,731 | -3.72% | +0.93% |
Trends in Madison, WI Real Median Household Income since 2005
The current median household income for Madison is $76,731. Real median household income peaked in 2019 at $80,059 and is now $3,328 (4.16%) lower.
Real Median Household Income: Madison, Wisconsin, National
Historical Inflation Adjusted Median Household Income for Madison
| Date | US | Wisconsin | Madison |
|---|---|---|---|
| 2021 | $69,717 | $67,125 | $76,731 |
| 2020 | $70,877 | $68,712 | $79,694 |
| 2019 | $69,638 | $68,002 | $80,059 |
| 2018 | $66,828 | $65,572 | $76,027 |
| 2017 | $66,687 | $65,547 | $78,806 |
| 2016 | $65,052 | $64,142 | $77,335 |
| 2015 | $63,784 | $63,627 | $73,389 |
| 2014 | $61,468 | $60,282 | $69,769 |
| 2013 | $60,869 | $59,957 | $69,276 |
| 2012 | $60,732 | $60,363 | $69,625 |
| 2011 | $60,969 | $60,840 | $72,042 |
| 2009 | $63,573 | $63,284 | $71,786 |
| 2007 | $66,465 | $66,253 | $78,214 |
| 2005 | $64,310 | $65,510 | $74,093 |
Madison Family Income
The ACS 1-year data shows the median family income for Madison was $104,356 in 2021. Compared to the median Wisconsin family income, Madison median family income is $18,546 higher. As with the median household income data, 2022 family income data for Madison will be released in September of 2023.
Real Median Family Income for Madison Wisconsin
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Wisconsin | $85,810 | -2.19% | +3.54% |
| Madison | $104,356 | -2.69% | +2.15% |
Trends in Madison, WI Real Median Family Income since 2005
The current median family income for Madison is $104,356. Real median family income peaked in 2020 at $107,241 and is now $2,885 (2.69%) lower.
Real Median Family Income: Madison, Wisconsin, National
Historical Inflation Adjusted Median Family Income for Madison
| Date | US | Wisconsin | Madison |
|---|---|---|---|
| 2021 | $85,806 | $85,810 | $104,356 |
| 2020 | $87,269 | $87,734 | $107,241 |
| 2019 | $85,780 | $86,718 | $106,564 |
| 2018 | $82,434 | $82,880 | $102,162 |
| 2017 | $81,669 | $83,351 | $100,576 |
| 2016 | $80,231 | $82,296 | $100,031 |
| 2015 | $78,061 | $81,046 | $96,114 |
| 2014 | $75,505 | $76,968 | $90,256 |
| 2013 | $74,593 | $76,443 | $91,173 |
| 2012 | $73,920 | $77,026 | $92,818 |
| 2011 | $74,192 | $76,941 | $93,754 |
| 2009 | $77,322 | $79,291 | $96,027 |
| 2007 | $80,131 | $82,268 | $99,852 |
| 2005 | $77,647 | $81,562 | $97,411 |
Madison Per Capita Income
The ACS 1-year survey shows the per capita income for Madison was $43,084 in 2021. Compared to the median Wisconsin per capita income, Madison median per capita income is $5,863 higher. As with the median household and median family income numbers above, 2022 per capita income data for Madison will be released in September of 2023.
Real Per Capita Income for Madison Wisconsin
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Wisconsin | $37,221 | -0.93% | +4.44% |
| Madison | $43,084 | -2.39% | +1.58% |
Trends in Madison, WI Real Per Capita Income since 2005
The current per capita income for Madison is $43,084. Real per capita income peaked in 2020 at $44,138 and is now $1,054 (2.39%) lower.
Real Per Capita Income: Madison, Wisconsin, National
Historical Real Per Capita Income for Madison
| Date | US | Wisconsin | Madison |
|---|---|---|---|
| 2021 | $38,332 | $37,221 | $43,084 |
| 2020 | $38,730 | $37,571 | $44,138 |
| 2019 | $37,803 | $36,633 | $43,719 |
| 2018 | $36,503 | $35,640 | $42,415 |
| 2017 | $35,807 | $35,366 | $41,413 |
| 2016 | $35,145 | $34,889 | $41,498 |
| 2015 | $34,284 | $33,808 | $40,297 |
| 2014 | $33,094 | $32,320 | $37,619 |
| 2013 | $32,833 | $31,976 | $37,867 |
| 2012 | $32,297 | $31,913 | $37,473 |
| 2011 | $32,243 | $31,645 | $38,272 |
| 2009 | $33,430 | $32,782 | $39,057 |
| 2007 | $34,959 | $34,049 | $40,525 |
| 2005 | $34,817 | $34,436 | $40,933 |
