Find property management in Madison, WI
Learn what to look for, compare Madison management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Madison Property Managers (54)
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Market Info
Madison Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Madison property management companies to find and get quotes from multiple property managers in Madison, Wisconsin. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
Madison | Wisconsin | U.S. | |
---|---|---|---|
Median Home Value | $223,700 | $164,900 | $192,400 |
Owner Costs > 30% Income | 20.7% | 16.9% | 14.7% |
Gross Rent > 30% Income | 21% | 20.3% | 19.2% |
Madison Housing Market Stats
As of 2008, the rental vacancy rate in Madison stood at 8%, relatively high compared to the rest of the country. There are about 245,181 housing units, averaging $223,700 in value, 34% of which are occupied by renters. The rent to price ratio in Madison is 0.4%, slightly lower than the Wisconsin average. For 21% of Madison tenants, 30% or more of their income goes to paying rent.
Demographic Stats
Madison | Wisconsin | U.S. | |
---|---|---|---|
Avg Commute Time (minutes) | 20.9 | 20.1 | 25.3 |
Median Age | 35.7 | 36.4 | 36.7 |
Avg Household Size - Owners | 2.6 | 2.57 | 2.7 |
Avg Household Size - Renters | 2.14 | 2.11 | 2.42 |
Median Household Income | $60,818 | $49,982 | $52,175 |
Per Capita Income | $31,868 | $26,438 | $27,466 |
Madison Demographic Info
Madison has a population of 554,084, comprised of 220,027 households, with on average 2 members per household. Out of approximately 328,166 people in the civilian workforce, 314,497 (96%) were employed in 2008. 94% of the population 25 and older has earned a high school diploma, with 41% holding a 4 year college degree.