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Madison, MD

Full City Profile · Maryland · Dorchester County County

2.9 /5.0
C+ Fair
145 Population 45/sq mi density
$108,676 Median Income $59,017 per capita
$768,400 Home Value $266,800 Zillow
58°F Avg Temperature 293 sunny days/yr
995 Violent Crime/100K 6,125 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$108,676 median income, 0.0% unemployment
C+
Affordability
2.7 / 5.0
$768,400 home value, /mo rent
F
Safety
1.0 / 5.0
995 violent crimes/100K (162% above avg)
B
Education
3.0 / 5.0
25.2% bachelor's degree or higher

Housing Overview

Median Home Value
$768,400
173% above
US avg: $281,900
Homeownership Rate
98.4%
50% above US avg (65.4%)
Total Housing Units
109
Median year built: 1978

Home Value by Source

Census Median
$768,400
Zillow (ZHVI)
$266,800
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.4%
Owner-Occupied
1.6%
Renter-Occupied
98%
2%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo

Affordability & Housing Stock

Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
98.4%

Complete Housing Data

Home Values

Census Median Value$768,400
Zillow Home Value (ZHVI)$266,800

Rent

FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Ownership & Stock

Owner-Occupied98.4%
Renter-Occupied1.6%
Homeownership Rate98.4%
Total Housing Units109
Median Year Built1978
Rent Burden32.3%