Madison, a city located in the state of Wisconsin (WI), is home to a population of approximately 451,652 people. Madison boasts a median age of 31.6, with around 17.3% of its residents aged 60 or above. 4% of the population identifies as US Veterans. 8.6% of Madison residents are disabled. The city has an average household income of $74,895, while the unemployment rate stands at 2.6%, and around 16.9% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Madison is $326,600, with a monthly rent averaging $1,291.