Last updated: 2024 BLS data · Page refreshed:
Madison has a population of 925 with a median age of 34.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 925 |
| Median Age | 34.9 |
| White | 88.5% |
| Black or African American | 1.6% |
| Hispanic or Latino | 6.2% |
| Other / Two or More Races | 3.7% |
The median household income in Madison is $52,500, which is 34.9% below the national median of $80,610. The per capita income is $58,694. The poverty rate is 12.5%.
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In Madison, 88.7% of residents age 25+ have a high school diploma or higher, and 24.6% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.7% |
| Bachelor's Degree or Higher | 24.6% |
| Graduate or Professional Degree | 9.4% |
The median home value in Madison is $51,600, below the national median of $303,400. The median monthly rent is $582. The homeownership rate is 75.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $51,600 |
| Median Monthly Rent | $582 |
| Homeownership Rate | 75.2% |
| Vacancy Rate | 23.3% |
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