Last updated: 2024 BLS data · Page refreshed:
Madison has a population of 273 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 273 |
| Median Age | 39.8 |
| White | 65.2% |
| Black or African American | 15.0% |
| Other / Two or More Races | 19.8% |
The median household income in Madison is $65,625, which is 18.6% below the national median of $80,610. The per capita income is $34,428. The poverty rate is 13.2%.
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In Madison, 87.5% of residents age 25+ have a high school diploma or higher, and 15.1% 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 | 87.5% |
| Bachelor's Degree or Higher | 15.1% |
| Graduate or Professional Degree | 9.4% |
The median home value in Madison is $334,400, above the national median of $303,400. The median monthly rent is $990. The homeownership rate is 45.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $334,400 |
| Median Monthly Rent | $990 |
| Homeownership Rate | 45.8% |
| Vacancy Rate | 21.6% |
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