Madison, WI · Property Management

Property Management in Madison, by the numbers.

The Census Bureau counted 144 residential property managers in the Madison, WI Metro Area in 2023, employing 1,476 people with $81.4 million in annual payroll.

The local market.

Census Bureau, County Business Patterns 2023. Figures cover the whole metro area.

Businesses

144

63rd most of 385 US metro areas

People employed

1,476

10.3 per business, against 9.1 across all metros

Annual payroll

$81.4 million

$55,136 per employee

Fewer than 10 employees

75%

of businesses, against 85% across all metros

Change since 2022

+20.0%

in the number of businesses (120 in 2022)

What the numbers say about Madison.

  • Madison ranks 63rd of 385 US metro areas by number of residential property managers.
  • A typical business here is about the national size, with 10.3 employees.
  • The market grew: 24 more businesses than in 2022.

How VERA helps property management in Madison.

The same product everywhere. It prepares the work and waits for your approval before anything goes out.

Acknowledge every maintenance request in minutes

VERA drafts the tenant reply, the vendor dispatch with unit and access details, and the owner heads-up, so nothing sits in a queue overnight.

Collect rent without the awkward calls

VERA ranks unpaid balances by unit and days late and drafts a courteous reminder with a payment link for each one.

Start renewals while you still have time

VERA flags leases well ahead of expiration and drafts the renewal offer on your template, so units renew instead of turning over.

Questions

Property Management in Madison

How many residential property managers are there in Madison?

144 in the Madison, WI Metro Area, according to the Census Bureau's County Business Patterns for 2023. Together they employed 1,476 people and paid $81.4 million in annual payroll.

Is the Madison market for property management growing?

By number of businesses it grew between 2022 and 2023: from 120 to 144 (+20.0%).

What does VERA do for property management in Madison?

VERA drafts the quotes, invoices, follow-ups and customer messages a Madison business runs on, and waits for the owner's approval before anything goes out. It is the same software everywhere; this page adds the local numbers.

Property Management in other markets

Other Madison markets

Source: U.S. Census Bureau, County Business Patterns 2023 and 2022, metropolitan statistical areas. The Bureau adds a small amount of noise to these figures to protect individual businesses. The category counted is residential property managers, which can be broader or narrower than the trade itself. About the data.

See what VERA can do for your business.

Try it with the built-in demo data, no credit card, no API keys. VERA proposes the work and waits for your approval before it acts.