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Madison, KS
Full City Profile · Kansas · Lyon County County
3.8
/5.0
B+
Good
943
Population
1,626/sq mi density
$52,750
Median Income
$42,280 per capita
$48,600
Home Value
$129,596 Zillow
$590
Median Rent
13.9% income on rent
56°F
Avg Temperature
302 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$52,750 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$48,600 home value, $590/mo rent
C+
Education
2.8 / 5.0
22.3% bachelor's degree or higher
Housing Overview
Median Home Value
$48,600
83% below
US avg: $281,900
Median Rent
$590/mo
49% below
US avg: $1,163/mo
Homeownership Rate
75.5%
15% above US avg (65.4%)
Total Housing Units
522
Median year built: 1943
Home Value by Source
Census Median
$48,600
Zillow (ZHVI)
$129,596
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.5%
Owner-Occupied
24.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$702/mo
1 Bedroom
$753/mo
2 Bedroom
$947/mo
3 Bedroom
$1,223/mo
4 Bedroom
$1,397/mo
Census median rent:
$590/mo
Affordability & Housing Stock
Rent Burden
13.9%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
75.5%
Complete Housing Data
Home Values
| Census Median Value | $48,600 |
| Zillow Home Value (ZHVI) | $129,596 |
Rent
| Census Median Rent | $590 |
| FMR Studio | $702 |
| FMR 1-Bedroom | $753 |
| FMR 2-Bedroom | $947 |
| FMR 3-Bedroom | $1,223 |
| FMR 4-Bedroom | $1,397 |
Market
Ownership & Stock
| Owner-Occupied | 75.5% |
| Renter-Occupied | 24.5% |
| Homeownership Rate | 75.5% |
| Total Housing Units | 522 |
| Median Year Built | 1943 |
| Rent Burden | 13.9% |