Madison, WI Real Estate
According to census data in the year 2000 there were 92,353 housing units in Madison.
This represents a 15.4% growth from 80,047 in 1990.
Of those housing units, 92,092 were located in either urbanized areas or urban clusters, and 261 were located in what is classified as a rural area.
Homeownership rate in Madison is about 47.8%.
Madison's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Madison were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1963|
|Median Value of occupied units||$139,300|
|Median Price asked for vacant units||$142,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.97|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$640|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||12.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.9%|