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Apartments For Rent in Madison, WI

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Apartments for Rent in Madison, WI

Madison, a medium-size city in Wisconsin, has a population of slightly more than 249,000. Young adults (15-24) can expect to fit right in, as they account for an above-average percentage of the population, though young professionals are well-represented as well. With an average age of just over 35, the city's residents skew notably younger than most cities in Wisconsin. Residents are fairly evenly split between renting (52%) and owning (48%) their residence despite paying roughly $233 a month more in rent than the state average.

Many Madison residents work in one of five industries: education, healthcare, scientific, entertainment, and retail. Combined, these industries make up 38% of the labor force in the city. Meanwhile, looking at job function, many of the city's residents work in management, as 8% of the city's population reports this as their field of work, the highest number of any profession. Madison workers earn an average annual income of around $74K, around $6,000 more than the average Wisconsin resident. The city's average income, however, is fairly average compared to the national level of $73,345. Compared to the national average (7%), Madison has a large percentage of residents older than 25 with advanced degrees, as 13% have earned a Master's or a Doctorate. Furthermore, 20% have a Bachelor's degree, which also outpaces the national average.

Madison has an average commute time of about 21 minutes, shorter than the Wisconsin average of about 23 minutes. Many residents (41%) drive to work, while public transportation is not used extensively. Walking (6%) isn't a common method of commuting to work, though the number far surpasses the national average.