53718 Income Statistics

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Comparison to Surrounding Areas

53718 Median Household Income

The median household income ($88,405) for 53718 is less than the median household income for 53527 ($113,262), 53532 ($103,440), 53558 ($98,160), 53590 ($96,762), Cottage Grove village ($123,750), and McFarland village ($91,029). But it's more than 53704 ($71,609), 53714 ($61,487), 53716 ($86,538), Dane County ($84,297), and Madison city ($74,895).

53718	$88,405
Cottage Grove village	$123,750
McFarland village	$91,029
Madison city	$74,895
Dane County	$84,297

53718 Average Household Income

The average household income ($108,756) for 53718 is less than the average household income for 53527 ($123,321), 53532 ($117,910), 53558 ($130,156), 53590 ($115,053), Dane County ($113,021), Cottage Grove village ($123,337), and McFarland village ($125,373). But it's more than 53704 ($93,570), 53714 ($76,006), 53716 ($104,770), and Madison city ($102,296).

53718	$108,756
Cottage Grove village	$123,337
McFarland village	$125,373
Madison city	$102,296
Dane County	$113,021

53718 Per-Capita Income

The per-capita income for 53718 is $48,328. The per capita income ($48,328) for 53718 is less than the per capita income for 53527 ($48,546), 53558 ($52,518), Dane County ($49,280), Cottage Grove village ($50,210), and McFarland village ($51,121). But it's more than 53532 ($44,547), 53590 ($46,470), 53704 ($44,010), 53714 ($36,941), 53716 ($47,533), and Madison city ($46,652).

53718	$48,328
Cottage Grove village	$50,210
McFarland village	$51,121
Madison city	$46,652
Dane County	$49,280

53718 High Income Households

8.0% of households make over $200,000 a year. The percent high income households (8.0%) for 53718 is more than 53716 (8.8%), 53558 (11.6%), 53590 (14.2%), 53704 (6.9%), 53714 (2.6%), 53527 (14.2%), 53532 (10.6%), Dane County (12.3%), Cottage Grove village (14.0%), McFarland village (10.3%), and Madison city (10.0%).

53718	8.0%
Cottage Grove village	14.0%
McFarland village	10.3%
Madison city	10.0%
Dane County	12.3%

53718 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
53718	$57,500	$103,246	$103,185	$60,029
Cottage Grove village	$-1	$133,083	$128,750	$78,750
McFarland village	$-1	$119,083	$90,637	$68,133
Madison city	$29,779	$84,885	$93,320	$70,677
Dane County	$35,642	$95,158	$105,762	$69,140

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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 53718 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
53718	+/-$8,104	+/-$11,043	+/-$5,537	+/-3.6%	+/-$18,663	+/-$6,805	+/-$15,431	+/-$8,479
Cottage Grove village	+/-$18,971	+/-$9,751	+/-$3,969	+/-5.2%	+/-$-1	+/-$12,288	+/-$23,810	+/-$51,963
McFarland village	+/-$14,029	+/-$19,455	+/-$7,651	+/-3.7%	+/-$-1	+/-$26,964	+/-$12,250	+/-$17,060
Madison city	+/-$1,851	+/-$4,458	+/-$2,032	+/-0.7%	+/-$2,892	+/-$2,795	+/-$5,716	+/-$4,083
Dane County	+/-$1,578	+/-$2,598	+/-$1,082	+/-0.5%	+/-$2,344	+/-$3,282	+/-$3,744	+/-$2,392