Zip Code

53704

City

Madison, WI

Population & Migration

What is the forecasted population for Zip code 53704 Madison, WI?

Population census 2020
46,614
Forecasted population 2025
47,960
2.9% vs. 2020
Forecasted population 2030
49,069
5.3% vs. 2020

Zip code 53704 Madison, WI population is forecasted to decrease 2.9% by 2025 (-1.8 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 47,960 people for 2025 zip code 53704 Madison, WI will generate a good demand for housing, which is expected to have a deficit of 1,145 houses for 2030. Vacancy rate is 5.6 points below national US average.

Total homes available 2020
21,744
Estimated total home demand in 2030
22,889
Total homes balance inventory
1,145

Average Household Income in zip code 53704 Madison, WI
from Internal Revenue Service

Average household income in 2021
$84,728

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 53704 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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