Zip Code

53703

City

Madison, WI

Population & Migration

What is the forecasted population for Zip code 53703 Madison, WI?

Population census 2020
35,834
Forecasted population 2025
40,810
13.9% vs. 2020
Forecasted population 2030
45,374
26.6% vs. 2020

Zip code 53703 Madison, WI population is forecasted to grow 13.9% by 2025 (9.2 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 40,810 people for 2025 zip code 53703 Madison, WI will generate a good demand for housing, which is expected to have a deficit of 5,012 houses for 2030. Vacancy rate is 3.4 points below national US average.

Total homes available 2020
18,828
Estimated total home demand in 2030
23,840
Total homes balance inventory
5,012

Average Household Income in zip code 53703 Madison, WI
from Internal Revenue Service

Average household income in 2021
$82,788

Affordability

Affordability Index
4

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 53703 Madison, WI?

County total number of drinking water violations

238

+5%

226

County total number of drinking water contaminations

76

+230%

23

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