Did you know Madison is surrounded by some of the most affluent suburbs in Wisconsin? Here are the richest suburbs of Madison.
8 Richest Suburbs of Madison
1. Shorewood Hills
Shorewood Hills is the richest suburb of Madison with a mean income of $223,377. It is the most expensive place to buy a house in Wisconsin with a median home price of $1,034,025.
Shorewood Hills is a wealthy village in Dane County, Wisconsin, situated by Lake Mendota and known for its wooded rolling hills and majestic lakefront properties. It’s an easy 11-minute drive to Madison.
Shorewood Hills residents can live the country club lifestyle. Home to Blackhawk Country Club, a beautiful 18-hole golf course with exceptional dining facilities.
The population of Shorewood Hills is 2,169, with 25% of its residents under 18 years old and 18.9% seniors.
Shorewood Hills has 59.4% of homes being owner-occupied and the rent in Shorewood Hills is $1,787.
The upscale town’s residents are well-educated with 92% of its residents holding a Bachelor’s degree or higher.
It is also known for its top-rated elementary school.
| Shorewood Hills | |
|---|---|
| Mean Income | $223,377 |
| Median Home Price | $1,034,025 |
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2. Maple Bluff
Maple Bluff is the second richest suburb of Madison with a mean income of $258,109 and a median home price of $840,444.
This affluent village is located in Dane County, Wisconsin, nestled by the shores of Lake Mendota. Just an easy 14 minute drive to downtown Madison.
It is known for its luxurious lakeside homes (some over 10,000 sq ft) and country club-like atmosphere.
The population of Maple Bluff is 1,368, with 21.8% of the residents under 18 years of age and 26.5% being seniors.
Maple Bluff has a high percentage (93.7%) of owner-occupied homes. The average rent in Maple Bluff is $1,167.
The upscale village residents are well educated with 80.1% of its residents holding a Bachelor’s degree or higher.
Maple Bluff is known for its top-ranked elementary school.
| Maple Bluff | |
|---|---|
| Mean Income | $258,109 |
| Median Home Price | $840,444 |
3. Waunakee
Waunakee is one of the wealthiest suburbs of Madison with a mean income is $145,536.
Located in Dane County, Waunakee is about 13 miles north of Madison (or a 26 minute drive).
Waunakee is a rapidly growing suburb of Madison and is known for its highly-rated schools.
Niche.com ranks Waunakee Community School District as the #2 School District in the Madison area.
Waunakee has a nice suburb of Madison with a small-town feel.
It has a population of 14,879, and 28.9% of the population is under 18 years old, while 12.5% are seniors.
The town has a high percentage of owner-occupied homes, with 76.6% of homes being owner-occupied.
The median home price in Waunakee is $524,041 and the average rent in Waunakee is $1,093.
| Waunakee | |
|---|---|
| Mean Income | $145,536 |
| Median Home Price | $524,041 |
4. Middleton
Middleton, known as “The Good Neighbor City,” is an upscale suburb of Madison located in Dane County, Wisconsin. The median home price in this suburb is $502,308, and the mean income is $115,086.
Part of Middleton lies on the western shores of Lake Mendota and the Pheasant Branch Conservancy nature reserve. It’s a great place to live if you are a nature enthusiast- for hiking and bird watching.
Middleton is known for its historic downtown with unique shops and restaurants, including the Capital Brewery famous for its German-style lagers.
The population of Middleton is 21,827, with 21% of children under the age of 18 years old and 15% being seniors.
The rent in Middleton is $1,170. The commute to Madison is around 19 minutes.
| Middleton | |
|---|---|
| Mean Income | $115,086 |
| Median Home Price | $502,308 |
5. Windsor
Windsor is an upscale suburb of Madison with a mean income of $122,170.
Windsor is home to Lake Windsor Golf Course, a country club with an 18-hole golf course known for being a challenging course.
Located in Dane County, Windsor is a small suburb with a population of 8,754. 25% of its residents are under the age of 18 and 15% are seniors.
Windsor is home to many parks including Token Creek Park, a 400+ acres park for camping, hiking, horseback riding, and trout fishing.
The percentage of owner-occupied homes in Windsor is 76.1%, and the rent is $1,256. Windsor has a median home price of $473,856.
Madison is only 30 minutes away from Windsor.
| Windsor | |
|---|---|
| Mean Income | $122,170 |
| Median Home Price | $473,856 |
6. Cross Plains
Cross Plains is one of the richest towns near Madison with a mean income of $100,196.
Located in Dane County, along the scenic Black Earth Creek and surrounded by rolling hills and lush farmland. Cross Plains is a 30 minute drive to downtown Madison.
Cross Plains is a village renowned for its natural beauty, hiking trails, and the Black Earth Creek. Black Earth Creek is a designated class 1 trout stream- perfect for fly fishing!
The population of Cross Plains is 4,104, with 30% of its residents under the age of 18 and 12% seniors.
The percentage of owner-occupied homes is 68.1%, and the rent is $1,082. The median home price in Cross Plains is $490,196.
| Cross Plains | |
|---|---|
| Mean Income | $100,964 |
| Median Home Price | $490,196 |
7. Verona
Verona is a rapidly growing suburb located in Dane County just 23 minutes south of Madison. It is an affluent suburb of Madison with a mean income of $110,277 and a median home price of $462,196.
Verona is often referred to as “Hometown USA” due to its small-town charm.
The Military Ridge State Trail is a favorite for hiking, running, and biking that offers picturesque views of Wisconsin’s farmland and rolling hills.
The population of Verona is 14,030, with 29% of its residents under the age of 18 and 13% seniors.
The percentage of owner-occupied homes is 70.9%, and the rent is $1,271.
| Verona | |
|---|---|
| Mean Income | $110,277 |
| Median Home Price | $462,196 |
8. Blue Mounds
Blue Mounds is one of the wealthiest towns near Madison with a median home price of $456,442, and a mean income of $81,369.
Located in Dane County, about 40 minutes from Madison, Blue Mounds is famous for the ancient Blue Mounds – a pair of elongated hills.
Blue Mounds State Park is a popular destination for camping and hiking. Home to the Cave of the Mounds, often referred to as the “jewel box” among American caves, is a breathtaking cave with stalactites, stalagmites, and other mineral formations.
Blue Mounds is a small town with a population of 948. 29% of the residents are under the age of 18 and 10% are seniors. The percentage of owner-occupied homes is 64.1%, and the average rent in Blue Mounds is $1,061.
| Blue Mounds | |
|---|---|
| Mean Income | $81,369 |
| Median Home Price | $456,442 |
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