Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Madison has to offer. Where houses go for over 2.87x the national median and household incomes are 2.66x the national median.
But where exactly in Madison do the richest of the rich people live? That would be Stonefield Woods-Ridge where the median income is a cool $146,254.
Here’s a look at the top 10 wealthiest neighborhoods in Madison out of 104 for 2024.
The Richest Neighborhoods In Madison For 2024
What’s the richest neighborhood to live in Madison for 2024? According to the most recent census data, Stonefield Woods-Ridge looks to be the richest Madison neighborhood to live in.
Summing up the median income of those 10 neighborhoods adds up to $1,259,488. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.
Find where your neighborhood ranks amongst the richest in Madison.
For more Madison reading, check out the best neighborhoods in Madison and the worst neighborhoods in Madison.
Or, for living around Madison, out the best Madison suburbs and the worst Madison suburbs.
Table Of Contents: Table | Methodology
Richst Neighborhoods In Madison For 2024 By Median Income
How We Determined The Wealthiest Neighborhoods In Madison For 2024
Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Madison.
We ranked every neighborhood in Madison by median income from highest to lowest. The neighborhood with the highest median income, Stonefield Woods-Ridge, was named the wealthiest neighborhood in Madison.
The richest neighborhoods in Madison are Stonefield Woods-Ridge, Glacier Ridge, Nakoma League, Country Grove, Hawk’s Landing, Blackhawk, Parkwood Hills, Dudgeon-Monroe, Sunset Hills, and Midvale Heights Community.
The poorest neighborhood? That would be South Campus.
The poorest neighborhoods in Madison are South Campus, Brittingham Apartments, Bayview, Dunn’s Marsh, and Sherman Terrace.
We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Madison.
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