Madison, WI · standard
ZIP Code 53703
Dane County, Wisconsin - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 27,958
- 5,931/sq mi High-density area
- $47,847
- Median income Below-median income area
- $471,800
- Median home value Above-median home value
- 70.6%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Madison pairs one of the lowest household incomes in the country with upper-quartile home values, in a suburban-density, renter-heavy area.
- 12th pct
- household income, US ZIPs
- Top 15%
- home value, US ZIPs
- 5,931
- people per sq mi
- 15%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 53703 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 53703 (Madison, WI) rose +15.7% from 2023 to 2024. The all-transactions index moved from 313.8 in 2023 to 363.2 in 2024 (2000 = 100).
ZIP code 53703 is a densely settled ZIP (a standard USPS delivery area) in Madison, Dane County, Wisconsin, with 27,958 residents across 4.7 square miles, a density of 5,931 people per square mile, in the Chicago time zone.
ZIP 53703 reports a modest median household income of $47,847 (39% below the average Wisconsin ZIP), while per-capita income is $46,898. The poverty rate is 39.6%, so the area-level income figures should not be treated as typical household experience. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $471,800 (90% above the average Wisconsin ZIP), with only 14.6% owner-occupied homes and median rent of $1,488.
This is a highly-educated ZIP: 70.6% of adults hold a bachelor's degree or higher, the median age is 24.8, and the average commute is 20 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Dane County, so 53703 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 53703
Top 5 sectors by establishment count in Madison, WI
Which industries have the most business establishments in ZIP 53703.
- Professional, scientific, and technical services
Professional, scientific, and technical services
305 establishments
- Accommodation and food services
Accommodation and food services
258 establishments
- Other services (except public administration)
Other services (except public administration)
150 establishments
- Retail trade 109
Retail trade
109 establishments
- Health care and social assistance 94
Health care and social assistance
94 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 53703, Madison, WI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
27,958
Population
4.7
Area (sq mi)
5,931
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 53703?
24.8
Median Age
49.9%
Male
50.1%
Female
10.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$47,847
Median Household Income
-39% vs state ZIP avg
$46,898
Per Capita Income
39.6%
Poverty Rate
3.9%
Unemployment Rate
20.0 min
Mean Commute Time
How ZIP 53703 ranks among Wisconsin ZIPs
Madison, WI household income vs. every Wisconsin ZIP code
Median household income among 755 reporting Wisconsin ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$47,847 3rd percentile higher than 3% of 755 Wisconsin ZIPs
Each bar is a $20K-wide band; taller bars hold more Wisconsin ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
21,171housing units
21,171
Total Housing Units
20,373
Occupied Units
798
Vacant Units
1.73
Avg Household Size
Occupancy Type
$471,800
Median Home Value
+90% vs state ZIP avg
$1,488
Median Rent
1979
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+15.7%
YoY Change (2024)
363
HPI Index (2000 = 100)
+263%
Total Change Since 2000
Home values in ZIP 53703 have increased 15.7% over the past year (2024). Since 2000, this ZIP has seen +263% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.1% | 233 |
| 2021 | +7.5% | 251 |
| 2022 | +16.1% | 291 |
| 2023 | +7.9% | 314 |
| 2024 | +15.7% | 363 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 1,286 business establishments in ZIP 53703, employing approximately 27,487 people with a combined annual payroll of $1,887,634,000.
1,286
Businesses
27,487
Employees
$1.9B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 305 | 23.7% |
| Accommodation and food services | 258 | 20.1% |
| Other services (except public administration) | 150 | 11.7% |
| Retail trade | 109 | 8.5% |
| Health care and social assistance | 94 | 7.3% |
| Real estate and rental and leasing | 82 | 6.4% |
| Finance and insurance | 67 | 5.2% |
| Administrative and support and waste management and remediation services | 52 | 4.0% |
| Information | 48 | 3.7% |
| Arts, entertainment, and recreation | 31 | 2.4% |
| Educational services | 23 | 1.8% |
| Manufacturing | 21 | 1.6% |
| Construction | 19 | 1.5% |
| Wholesale trade | 10 | 0.8% |
| Management of companies and enterprises | 8 | 0.6% |
| Utilities | 5 | 0.4% |
| Transportation and warehousing | 4 | 0.3% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 53703 vs 53706 →
ZIP 53703 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 53711
Madison (53711)
45,728 residents
- 53704
Madison (53704)
44,034 residents
- 53703
Madison (53703)
27,958 residents
- 53705
Madison (53705)
23,494 residents
- 53713
Madison (53713)
22,146 residents
- 53716
Madison (53716)
18,419 residents
- 53714 16,463
Madison (53714)
16,463 residents
- 53715 12,136
Madison (53715)
12,136 residents
- 53726 5,177
Madison (53726)
5,177 residents
What this shows Among its immediate neighbors, ZIP 53703 ranks #3 by population - useful context the national average alone can't give.
ZIP 53703 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 53711
Madison (53711)
$100,735 median income
- 53716
Madison (53716)
$91,716 median income
- 53705
Madison (53705)
$88,549 median income
- 53704
Madison (53704)
$74,034 median income
- 53714
Madison (53714)
$71,519 median income
- 53713
Madison (53713)
$58,017 median income
- 53703
Madison (53703)
$47,847 median income
- 53726
Madison (53726)
$47,754 median income
- 53715 $38,996
Madison (53715)
$38,996 median income
What this shows By household income, ZIP 53703 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 53706 | Madison, WI | 5,133 | 1.7 mi |
| 53715 | Madison, WI | 12,136 | 1.7 mi |
| 53713 | Madison, WI | 22,146 | 3.0 mi |
| 53726 | Madison, WI | 5,177 | 2.4 mi |
| 53792 | Madison, WI | 0 | 2.7 mi |
| 53716 | Madison, WI | 18,419 | 3.4 mi |
| 53714 | Madison, WI | 16,463 | 3.5 mi |
| 53704 | Madison, WI | 44,034 | 4.2 mi |
| 53705 | Madison, WI | 23,494 | 4.4 mi |
| 53711 | Madison, WI | 45,728 | 4.8 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 53703, both outside WI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (27,958 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Dane County
Related Areas
Frequently Asked Questions
What county is ZIP code 53703 in?
ZIP code 53703 (Madison) is located in Dane County, Wisconsin. Dane County contains multiple ZIP codes, see the full list at /counties/dane-wi.
What is the population of ZIP code 53703?
ZIP code 53703 in Madison, WI has a population of 27,958 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 53703?
The median household income in ZIP 53703 is $47,847, which is 37% below the national average of $76,288.
What is the average home value in ZIP 53703?
The median home value in ZIP 53703 is $471,800, which is 70% above the national average of $278,155.
What is the demographic makeup of ZIP 53703?
The largest racial group in ZIP 53703 is White at 78.4%. Hispanic or Latino residents make up 5.9% of the population.
How many businesses are in ZIP code 53703?
ZIP code 53703 has 1,286 business establishments employing approximately 27,487 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 53703?
The top industries by establishment count in ZIP 53703 are: Professional, scientific, and technical services (305), Accommodation and food services (258), Other services (except public administration) (150). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 53703?
According to the FHFA House Price Index, home values in ZIP 53703 increased by 15.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 263%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 53703?
In ZIP code 53703, 82.8% of residents aged 25+ have a high school diploma or higher, and 70.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 53703?
The mean commute time for workers in ZIP code 53703 is 20.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 53703?
In ZIP code 53703, approximately 14.6% of occupied housing units are owner-occupied and 85.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 53703?
The poverty rate in ZIP code 53703 is 39.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 53703's numbers, next.
- See how ZIP 53703 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Madison, WI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.