Similar-sized cities like Fort Wayne, Indiana, or Toledo, Ohio, that had their manufacturing sectors decline have seen their populations either stagnant or barely grow year over year, while Madison continues to grow, said Kurt Paulsen, a professor of urban planning at UW-Madison. And other Midwest state capitals with big universities, such as Lincoln, Nebraska or Columbus, Ohio, have lower median home values.
“This is always the challenge with how you measure Madison,” Paulsen said. “It’s really hard to find a comparable.”