Madison, FL
Full City Profile · Florida · Madison County County
3.1
/5.0
B
Good
2,960
Population
1,121/sq mi density
$31,025
Median Income
$19,280 per capita
$84,400
Home Value
$189,888 Zillow
$849
Median Rent
41.1% income on rent
68°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$31,025 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$84,400 home value, $849/mo rent
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)
$189,888
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
43.6%
Owner-Occupied
56.4%
Renter-Occupied
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) | $189,888 |
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-Occupied | 43.6% |
| Renter-Occupied | 56.4% |
| Homeownership Rate | 43.6% |
| Total Housing Units | 1,447 |
| Median Year Built | 1964 |
| Rent Burden | 41.1% |