53705 Map

53705 Income Statistics

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Comparison to Surrounding Areas

53705 Median Household Income

The median household income ($82,315) for 53705 is less than the median household income for 53562 ($97,241), 53711 ($101,236), 53717 ($96,245), 53719 ($92,223), Dane County ($88,108), and Shorewood Hills village ($129,688). But it's more than 53706 ($2,499), 53726 ($39,779), 53792 ($-1), and Madison city ($76,983).

53705$82,315
Madison city$76,983
Shorewood Hills village$129,688
Dane County$88,108

53705 Average Household Income

The average household income ($121,060) for 53705 is less than the average household income for 53562 ($140,054), 53711 ($133,838), 53717 ($125,053), and Shorewood Hills village ($227,875). But it's more than 53706 ($4,280), 53719 ($115,444), 53726 ($99,761), 53792 ($-1), Dane County ($117,041), and Madison city ($104,969).

53705$121,060
Madison city$104,969
Shorewood Hills village$227,875
Dane County$117,041

53705 Per-Capita Income

The per-capita income for 53705 is $59,595. The per capita income ($59,595) for 53705 is less than the per capita income for 53562 ($62,942), 53711 ($60,348), 53717 ($61,648), and Shorewood Hills village ($97,293). But it's more than 53706 ($4,415), 53719 ($54,633), 53726 ($48,359), 53792 ($-1), Dane County ($51,486), and Madison city ($48,557).

53705$59,595
Madison city$48,557
Shorewood Hills village$97,293
Dane County$51,486

53705 High Income Households

15.5% of households make over $200,000 a year. The percent high income households (15.5%) for 53705 is less than the percent high income households for 53562 (19.6%), 53711 (17.6%), 53717 (16.0%), 53726 (20.2%), and Shorewood Hills village (35.1%). But it's more than 53706 (0.0%), 53719 (13.9%), 53792 (-1.0%), Dane County (13.5%), and Madison city (11.0%).

5370515.5%
Madison city11.0%
Shorewood Hills village35.1%
Dane County13.5%

53705 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
53705$31,099$79,189$105,231$94,525
Madison city$32,052$87,911$98,635$73,303
Shorewood Hills village$-1$145,750$164,432$164,000
Dane County$36,828$99,011$112,094$71,957

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 53705 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
53705+/-$8,674+/-$8,132+/-$3,959+/-1.9%+/-$1,685+/-$9,934+/-$14,241+/-$17,019
Madison city+/-$2,006+/-$4,139+/-$1,920+/-0.7%+/-$2,532+/-$3,267+/-$5,888+/-$4,940
Shorewood Hills village+/-$52,920+/-$40,002+/-$11,763+/-6.6%+/-$-1+/-$89,784+/-$14,240+/-$56,447
Dane County+/-$1,559+/-$2,617+/-$1,141+/-0.6%+/-$3,006+/-$3,076+/-$3,841+/-$3,150