53711, Madison, WI

The 53711 zip code of Madison, WI has a population of about 114,000 people and a median household income of about $72,000. The home equity in this zip code is estimated to be around $1.2 billion, which is significantly higher than the national average of $130,000. The home prices in this zip code are also significantly higher than the national average, with homes selling for an average of $259,900.

There are several factors that contribute to the high home equity and home prices in the 53711 zip code of Madison, WI. First and foremost is the fact that this area is densely populated and has a high demand for housing. Second is the fact that many homeowners in this zip code have been able to leverage their home equity into additional assets such as stocks or bonds. Finally, there is a strong economy in Madison which has led to increased job opportunities and wages over the past few years. All these factors have led to an increase in homeowners' wealth and consequently an increase in home values.