Income & Economy in Madison city, WI (53714)
Median Income
$69,862
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+953
Wealth inflow
Population
16,340
Unemployment
1.0%
2.7pp below US avg
IRS migration statistics show a net inflow of about 953 for ZIP 53714 (Madison city, WI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 53714 (2020–Present)
Since 2020, population grew 3.7%, median income rose 1.9% (inflation-adjusted), home values increased 15.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $69,862 |
| Unemployment | 1.0% |
| Establishments | 352 |
| Employees | 6,626 |