Can a Physician (General Practice) afford to live in Madison?

Excellent78% of take-home left to save — you can save aggressively here.
Median salary (gross)
Physician (General Practice) · Madison
$253,444
Income tax (~38% effective)
United States
– $97,209
Take-home pay
$13,020/mo
$156,235
Living costs (1 person)
$2,860/mo · derived
– $34,320
Savings potential
$10,160/mo · 78% of take-home
$121,915

Single professional, after-tax. Salary − tax − living costs = what you could save each year.

Full salary breakdown →Is this a good salary in Madison? →Compare Madison with another city →

How we calculated this

• Salary: BLS OES median for Physician (General Practice), adjusted for Madison.

• Tax: United States single-filer effective rate (~38%). Official calculator.

• Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.