Last updated: 2024 BLS data · Page refreshed:
Madison has a population of 403 with a median age of 28.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 403 |
| Median Age | 28.0 |
| White | 98.0% |
| Black or African American | 0.5% |
| Hispanic or Latino | 0.2% |
| Other / Two or More Races | 1.3% |
The median household income in Madison is $54,063, which is 32.9% below the national median of $80,610. The per capita income is $24,726. The poverty rate is 24.1%.
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In Madison, 80.0% of residents age 25+ have a high school diploma or higher, and 24.3% hold a bachelor's degree or higher (12.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 80.0% |
| Bachelor's Degree or Higher | 24.3% |
| Graduate or Professional Degree | 12.4% |
The median home value in Madison is $107,800, below the national median of $303,400. The median monthly rent is $942. The homeownership rate is 62.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $107,800 |
| Median Monthly Rent | $942 |
| Homeownership Rate | 62.6% |
| Vacancy Rate | 16.8% |
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