In Madison, Wisconsin, the average salary is $53,884. Trends in wages are down 2 percent as of Q2 2018. The cost of living is 7.4 percent more expensive than the national average in Madison. Popular jobs in Madison include Project Manager, (Unspecified Type / General), Software Engineer, and Software Developer which pay between $65,932 and $93,702 per year. Some popular Madison industries include Software Development, Insurance and Financial Services, and Health Care Information Technology (IT) Services. In Madison, some popular employers include University of Wisconsin (UW) - Madison, Epic, and Epic Systems, Corporation.