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53705 Income Statistics

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Comparison to Surrounding Areas

53705 Median Household Income

The median household income ($79,253) for 53705 is less than the median household income for 53562 ($96,515), 53711 ($98,161), 53717 ($95,098), 53719 ($90,962), Dane County ($84,297), and Shorewood Hills village ($116,250). But it's more than 53706 ($-1), 53726 ($44,911), 53792 ($-1), and Madison city ($74,895).

53705$79,253
Madison city$74,895
Shorewood Hills village$116,250
Dane County$84,297

53705 Average Household Income

The average household income ($114,338) for 53705 is less than the average household income for 53562 ($143,884), 53711 ($129,430), 53717 ($130,799), and Shorewood Hills village ($220,613). But it's more than 53706 ($-1), 53719 ($112,070), 53726 ($110,966), 53792 ($-1), Dane County ($113,021), and Madison city ($102,296).

53705$114,338
Madison city$102,296
Shorewood Hills village$220,613
Dane County$113,021

53705 Per-Capita Income

The per-capita income for 53705 is $55,665. The per capita income ($55,665) for 53705 is less than the per capita income for 53562 ($63,491), 53711 ($57,472), 53717 ($63,359), and Shorewood Hills village ($93,947). But it's more than 53706 ($4,068), 53719 ($52,622), 53726 ($50,426), 53792 ($-1), Dane County ($49,280), and Madison city ($46,652).

53705$55,665
Madison city$46,652
Shorewood Hills village$93,947
Dane County$49,280

53705 High Income Households

14.1% of households make over $200,000 a year. The percent high income households (14.1%) for 53705 is more than 53792 (-1.0%), 53717 (17.1%), 53719 (12.7%), 53726 (20.5%), 53562 (20.4%), 53706 (0.0%), 53711 (16.9%), Dane County (12.3%), Madison city (10.0%), and Shorewood Hills village (32.6%).

5370514.1%
Madison city10.0%
Shorewood Hills village32.6%
Dane County12.3%

53705 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
53705$23,949$78,539$97,213$84,721
Madison city$29,779$84,885$93,320$70,677
Shorewood Hills village$12,656$137,625$162,500$124,167
Dane County$35,642$95,158$105,762$69,140

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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 2022 5-year estimates. You can find this information and other demographics for 53705 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 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+/-$6,193+/-$6,507+/-$2,790+/-1.8%+/-$3,171+/-$6,945+/-$15,804+/-$20,408
Madison city+/-$1,851+/-$4,458+/-$2,032+/-0.7%+/-$2,892+/-$2,795+/-$5,716+/-$4,083
Shorewood Hills village+/-$29,387+/-$38,498+/-$13,281+/-6.3%+/-$5,131+/-$72,041+/-$35,728+/-$59,019
Dane County+/-$1,578+/-$2,598+/-$1,082+/-0.5%+/-$2,344+/-$3,282+/-$3,744+/-$2,392