Groundwork

Funeral services · Metro area · Wisconsin

Funeral homes in the Madison, WI metro area

The funeral homes in the Madison, WI metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 49 out of 100: Lower middle

Ranked #181 of 377 scored metro areas
#2 of 13 scored metro areas based in Wisconsin

Listings
50
14 chain locations (28%)
Official establishments
35
+6.5% since 2019
Household spending a year
$35.2M
On funerals · $117 a household
Spending per listing
$704K
4% above the U.S.
Listings per 10k households
1.7
19% below the U.S.
Population, 2025
709,685
+4.1% since 2020

See the funeral homes around any address in the Madison metro area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Madison metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 50 funeral homes in the Madison metro area. 14 of them (28%) are chain locations, against 10% across the U.S. That is 1.7 per 10,000 households, 19% below the U.S. rate of 2.1.

Households in the Madison metro area spend about $35.2M a year on funerals, or $117 per household, 18% below the U.S. average. That works out to $704K per home, 4% above the U.S. figure of $679K.

Official counts show 35 businesses with payroll classed as funeral homes and funeral services in the Madison metro area in 2023, up 6.5% from 2019. That is one for every 8,617 households, against one for every 8,510 across the U.S. Since fiscal 2022, 2 SBA-backed loans worth $250K have gone to businesses classed as funeral homes and funeral services in the Madison metro area.

Population estimates put the population change in the Madison metro area from 2020 to 2025 at +4.1%, faster than the U.S. (+3.1%). The Groundwork market score for funeral homes in the Madison metro area is 49 (lower middle), #181 of 377 scored metro areas and #2 of 13 scored metro areas based in Wisconsin.

How the Madison metro area compares

The same measures for Wisconsin and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Madison, WI metro area compared with Wisconsin and the U.S.
MeasureMadison metro areaWisconsinU.S.
Listings per 10k households1.72.62.1
Spending per listing$704K$544K$679K
Households per official establishment8,6176,0048,510
Official establishment growth, 2019–2023+6.5%−1.7%−1.7%
Population growth, 2020–2025+4.1%+1.3%+3.1%
Spending per household on funerals$117$140$143
Median household income$88,804$77,485$80,734
Groundwork market score4933

Official counts and lending

Businesses

Official establishments, 2019 to 2023
35+6.5% over the period
Employees, 2023
172
Annual payroll, 2023
$9.7M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
5014 chain locations
Listings at the U.S. rate for this spending
52The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
2
Amount
$250K

SBA-backed loans to businesses classed as funeral homes and funeral services in the Madison metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Madison metro area

Population, 2025 estimate
709,685+4.1% since 2020
Households
301,580
Median age
39.0
Homes lived in by their owners
60%
Vehicles per household
1.7
Land area
3,309 sq. mi.
People per square mile
209
Median household income
$88,804+22.7% vs. 2015–2019, before inflation
Average household income
$116,647
Median home value
$372,400
Jobs located here
417,554
Daytime population
747,946Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Madison metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Madison metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across Wisconsin

Every Wisconsin market ranked →

The highest-scoring metro areas in Wisconsin for funeral homes, numbered among those based in Wisconsin (a market based in another state is listed without a number), with the Madison metro area marked.

Top metro areas in Wisconsin

Metro areas in Wisconsin ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
Minneapolis-St. Paul-Bloomington, MN-WI592101.4$900K+2.6%#125 of 377
1Kenosha, WI50101.5$848K−0.4%#174 of 377
2Madison, WI49501.7$704K+4.1%#181 of 377
3Racine-Mount Pleasant, WI45162.0$718K+0.4%#207 of 377
4Sheboygan, WI43112.2$659K0.0%#223 of 377
5Milwaukee-Waukesha, WI421271.9$689K0.0%#231 of 377
6Fond du Lac, WI42102.3$643K+0.5%#233 of 377
7Appleton, WI41202.0$669K+2.7%#241 of 377
8Oshkosh-Neenah, WI39152.1$655K+1.4%#249 of 377
9Wausau, WI39152.6$573K+1.0%#253 of 377

Other business types in the Madison metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Madison, WI metro area?

There are 50 funeral homes on map listings in the Madison metro area as of September 2026. 14 of them (28%) are chain locations. The listings count funeral homes, mortuaries and cremation services. Official counts show 35 businesses with payroll classed as funeral homes and funeral services in 2023, up 6.5% from 2019.

How much do households in the Madison, WI metro area spend on funerals?

About $35.2M a year, or $117 per household. That is 18% below the U.S. average (an index of 82, where 100 is the U.S. average). Spread across the 50 funeral homes on map listings, it comes to $704K per home. It is estimated from the incomes of the 301,580 households in the Madison metro area and national spending patterns by income.

How does the Madison, WI metro area compare with the U.S. for funeral homes?

The Madison metro area has 1.7 funeral homes per 10,000 households, 19% below the U.S. rate of 2.1. Spending per home is $704K, 4% above the U.S. figure of $679K. At the national ratio of funeral homes to household spending, the Madison metro area would have about 52, against 50 on map listings. There is one business with payroll in the industry for every 8,617 households, against one for every 8,510 across the U.S. The official count rose 6.5% from 2019 to 2023, against −1.7% for the U.S.

How fast is the Madison, WI metro area growing?

Population estimates put the Madison metro area at 709,685 people in 2025, up 4.1% since 2020, faster than the U.S. (+3.1%). It has 301,580 households. Median household income in the Madison metro area is $88,804, 10% above the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 22.7%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Madison metro area scores 49 for funeral homes (lower middle), #181 of 377 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Madison metro area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Madison metro area

Screening a site or an acquisition in the Madison metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Madison metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.