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Madison, FL

Full City Profile · Florida · Madison County County

2.6 /5.0
C+ Fair
2,960 Population 1,121/sq mi density
$31,025 Median Income $19,280 per capita
$84,400 Home Value $186,133 Zillow
$849 Median Rent 41.1% income on rent
68°F Avg Temperature 306 sunny days/yr
1,361 Violent Crime/100K 6,499 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$31,025 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$84,400 home value, $849/mo rent
F
Safety
1.0 / 5.0
1,361 violent crimes/100K (258% above avg)
C
Education
2.1 / 5.0
14.0% bachelor's degree or higher

Housing Overview

Median Home Value
$84,400
70% below
US avg: $281,900
Median Rent
$849/mo
27% below
US avg: $1,163/mo
Homeownership Rate
43.6%
33% below US avg (65.4%)
Total Housing Units
1,447
Median year built: 1964

Home Value by Source

Census Median
$84,400
Zillow (ZHVI)
$186,133
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

43.6%
Owner-Occupied
56.4%
Renter-Occupied
44%
56%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$873/mo
1 Bedroom
$969/mo
2 Bedroom
$1,086/mo
3 Bedroom
$1,400/mo
4 Bedroom
$1,543/mo
Census median rent: $849/mo

Affordability & Housing Stock

Rent Burden
41.1%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
43.6%

Complete Housing Data

Home Values

Census Median Value$84,400
Zillow Home Value (ZHVI)$186,133

Rent

Census Median Rent$849
FMR Studio$873
FMR 1-Bedroom$969
FMR 2-Bedroom$1,086
FMR 3-Bedroom$1,400
FMR 4-Bedroom$1,543

Market

Ownership & Stock

Owner-Occupied43.6%
Renter-Occupied56.4%
Homeownership Rate43.6%
Total Housing Units1,447
Median Year Built1964
Rent Burden41.1%