Last updated: 2024 BLS data · Page refreshed:
Madison has a population of 2,676 with a median age of 44.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,676 |
| Median Age | 44.9 |
| White | 89.9% |
| Asian | 0.2% |
| Hispanic or Latino | 2.9% |
| Other / Two or More Races | 7.0% |
The median household income in Madison is $61,698, which is 23.5% below the national median of $80,610. The per capita income is $32,120. The poverty rate is 13.0%.
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In Madison, 96.4% of residents age 25+ have a high school diploma or higher, and 18.6% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.4% |
| Bachelor's Degree or Higher | 18.6% |
| Graduate or Professional Degree | 4.2% |
The median home value in Madison is $163,900, below the national median of $303,400. The median monthly rent is $850. The homeownership rate is 38.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $163,900 |
| Median Monthly Rent | $850 |
| Homeownership Rate | 38.9% |
| Vacancy Rate | 3.2% |
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