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Madison, ME
Full City Profile · Maine · Kennebec County County
2.9
/5.0
C+
Fair
2,552
Population
397/sq mi density
$43,095
Median Income
$28,620 per capita
$70,800
Home Value
$204,376 Zillow
$880
Median Rent
21.0% income on rent
43°F
Avg Temperature
251 sunny days/yr
21
Violent Crime/100K
2,193 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$43,095 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$70,800 home value, $880/mo rent
F
Safety
1.0 / 5.0
21 violent crimes/100K
D
Education
1.9 / 5.0
11.6% bachelor's degree or higher
Housing Overview
Median Home Value
$70,800
75% below
US avg: $281,900
Median Rent
$880/mo
24% below
US avg: $1,163/mo
Homeownership Rate
36.2%
45% below US avg (65.4%)
Total Housing Units
1,228
Median year built: 1977
Home Value by Source
Census Median
$70,800
Zillow (ZHVI)
$204,376
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
36.2%
Owner-Occupied
63.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$880/mo
Affordability & Housing Stock
Rent Burden
21.0%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
36.2%
Complete Housing Data
Home Values
| Census Median Value | $70,800 |
| Zillow Home Value (ZHVI) | $204,376 |
Rent
| Census Median Rent | $880 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
Ownership & Stock
| Owner-Occupied | 36.2% |
| Renter-Occupied | 63.8% |
| Homeownership Rate | 36.2% |
| Total Housing Units | 1,228 |
| Median Year Built | 1977 |
| Rent Burden | 21.0% |