ZIP Code 53705 is associated with the city of Madison in Wisconsin (Dane County) in the U.S. In this Wisconsin region, approximately 97.7% have a high school degree or higher, and the per capita income is an estimated $47,819. The median household income is approximately $70,934, and an estimated 5% of the population is living below the poverty line. The current population estimate is 25,643.
7:15 am
6:09 pm
Fair
The median household income in ZIP Code 53705 is $70,934, while the region's mean household income is $100,239. Breaking income down further, per capita income in the region is $47,819. The per capita income in ZIP Code 53705 of $47,819 is approximately 43.28% more than the per capita income in Wisconsin overall of $33,375. An estimated 5.0% of the population is living below the poverty line in this region. This rate is approximately 47.37% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 17.3% of the population in 53705 earn $100,000 to $149,999 per year, while an estimated 16.0% earn $50,000 to $74,999 per year, and 3.1% of 53705 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 6.6% |
| $10,000 to $14,999 per year | 3.1% |
| $15,000 to $24,999 per year | 9.8% |
| $25,000 to $34,999 per year | 6.3% |
| $35,000 to $49,999 per year | 10.3% |
| $50,000 to $74,999 per year | 16.0% |
| $75,000 to $99,999 per year | 12.6% |
| $100,000 to $149,999 per year | 17.3% |
| $150,000 to $199,999 per year | 8.0% |
| $200,000 or more per year | 10.2% |
In ZIP Code 53705, 97.7% of the population graduated high school, while 76.4% have a bachelor's degree or higher. In this region, 0.8% achieved an education level less than 9th grade, while 45.4% hold a graduate or professional degree. Approximately 7.1% in this Dane County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.8% |
| 9th to 12th grade, no diploma | 1.5% |
| High school graduate (includes equivalency) | 7.1% |
| Some college, no degree | 10.3% |
| Associate's degree | 4.0% |
| Bachelor's degree | 31.0% |
| Graduate or professional degree | 45.4% |
Looking at race in the population that makes up ZIP Code 53705, 96.2% is one race, while 3.8% are two or more races. Approximately 6.8% of 53705 residents are hispanic or Latino (of any race). The most common race in 53705 (race alone or in combination with one or more other races), is White (77.1%), followed by Asian (19.4%) .
| Industry | Percent |
|---|---|
| White | 77.1% |
| Black or African American | 4.6% |
| American Indian and Alaska Native | 1.2% |
| Asian | 19.4% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 1.5% |
Residents of ZIP Code 53705 are younger than average. The median age of 36.4 years in ZIP Code 53705 is approximately 4.46% lower than the overall median age in the U.S. of 38.1 years. About 82.4% of residents are aged 18 years and older, and 19.6% of residents are 62 years and over. Approximately 19.5% of the population in 53705 falls in the age group 25 to 34 years, while an estimated 13.4% are aged 35 to 44 years. On the low end of the scale, 3.5% of 53705 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.4% |
| 5 to 9 years | 4.4% |
| 10 to 14 years | 5.1% |
| 15 to 19 years | 4.1% |
| 20 to 24 years | 9.2% |
| 25 to 34 years | 19.5% |
| 35 to 44 years | 13.4% |
| 45 to 54 years | 11.5% |
| 55 to 59 years | 5.5% |
| 60 to 64 years | 5.6% |
| 65 to 74 years | 7.6% |
| 75 to 84 years | 5.2% |
| 85 years and over | 3.5% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 53705 is current access to health insurance, as an estimated 95.2% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 53705 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 95.2% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 53705, an estimated 23.7% of homes were built between 1960 and 1969. Additionally, 17.6% of homes in the region were built between 1970 and 1979, while an estimated 3.2% of homes were built between 2010 and 2013 in this Dane County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 3.6% |
| Built between 2010 and 2013 | 3.2% |
| Built between 2000 and 2009 | 5.3% |
| Built between 1990 and 1999 | 4.9% |
| Built between 1980 and 1989 | 7.9% |
| Built between 1970 and 1979 | 17.6% |
| Built between 1960 and 1969 | 23.7% |
| Built between 1950 and 1959 | 16.5% |
| Built between 1940 and 1949 | 7.7% |
| Built in 1939 or earlier | 9.7% |
In 53705, 69.5% of the population is in the labor force. Recent estimates place 6.3% as working from home, while the total labor force in the region has a mean travel to time to work of 18.0 minutes. Approximately 44.9% of the employed population 16 years and over in 53705 work in educational services, and health care and social assistance, while an estimated 15.7% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.2% of 53705 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.2% |
| Construction | 2.0% |
| Manufacturing | 4.9% |
| Wholesale trade | 0.6% |
| Retail trade | 7.0% |
| Transportation and warehousing, and utilities | 1.5% |
| Information | 3.0% |
| Finance and insurance, and real estate and rental and leasing | 5.7% |
| Professional, scientific, management, and administrative | 15.7% |
| Educational services, and health care and social assistance | 44.9% |
| Arts, entertainment, and recreation, and accommodation and food services | 6.5% |
| Other services, except public administration | 3.0% |
| Public administration | 5.0% |
In ZIP Code 53705, 77.5% of the population lists "English only" as the language spoken in home, while 3.7% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 6.1% of homes, and other Indo-European languages are spoken in 10.9% of homes. Lastly, 1.8% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Dane County region.
| Language Spoken | Percent |
|---|---|
| English only | 77.5% |
| Spanish | 3.7% |
| Other Indo-European languages | 6.1% |
| Asian and Pacific Islander languages | 10.9% |
| Other languages | 1.8% |
Regarding solar power potential, ZIP Code 53705 has an average daily solar radiation level of 4.75 kWh/m2/day. This is approximately 15.29% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 27.92% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 53705 | 15.79¢/kWh | 10.86¢/kWh | 7.86¢/kWh |
| Wisconsin | 17.43¢/kWh | 13.12¢/kWh | 9.49¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 53705 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.34 | 1.9 | 5.84 |
| Feb | 4.25 | 3 | 6.31 |
| Mar | 5.13 | 3.65 | 7.02 |
| Apr | 5.25 | 5.13 | 7.3 |
| May | 5.52 | 5.17 | 7.13 |
| Jun | 5.72 | 5.72 | 6.95 |
| Jul | 5.98 | 6.22 | 6.51 |
| Aug | 5.64 | 6.08 | 6.65 |
| Sep | 5.43 | 5.15 | 7.02 |
| Oct | 4.36 | 3.32 | 6.92 |
| Nov | 3.51 | 2.33 | 5.99 |
| Dec | 2.84 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 53705, credit reporting or other personal consumer reports have received the most complaints in 53705 in the past 12 months. Credit card received the second most complaints. The most frequent complaint overall in this Dane County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or other personal consumer reports | 149 |
| Credit card | 40 |
| Credit reporting or credit repair services | 20 |
| Debt collection | 11 |
| Credit card or prepaid card | 7 |
| Other | 20 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 165 |
| Problem with a company's investigation into an existing problem | 28 |
| Attempts to collect debt not owed | 9 |
| Problem with a credit reporting company's investigation | 6 |
| Improper use of your report | 5 |
| Other | 34 |