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Madison, NE
Full City Profile · Nebraska · Madison County County
2.9
/5.0
C+
Fair
2,074
Population
1,758/sq mi density
$56,932
Median Income
$22,404 per capita
$116,000
Home Value
$203,511 Zillow
$818
Median Rent
20.1% income on rent
49°F
Avg Temperature
308 sunny days/yr
84
Violent Crime/100K
547 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$56,932 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$116,000 home value, $818/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher
Housing Overview
Median Home Value
$116,000
59% below
US avg: $281,900
Median Rent
$818/mo
30% below
US avg: $1,163/mo
Homeownership Rate
75.3%
15% above US avg (65.4%)
Total Housing Units
725
Median year built: 1941
Home Value by Source
Census Median
$116,000
Zillow (ZHVI)
$203,511
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.3%
Owner-Occupied
24.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$684/mo
1 Bedroom
$758/mo
2 Bedroom
$992/mo
3 Bedroom
$1,285/mo
4 Bedroom
$1,524/mo
Census median rent:
$818/mo
Affordability & Housing Stock
Rent Burden
20.1%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1941
Average age of housing stock: 85 years
Homeownership Rate
75.3%
Complete Housing Data
Home Values
| Census Median Value | $116,000 |
| Zillow Home Value (ZHVI) | $203,511 |
Rent
| Census Median Rent | $818 |
| FMR Studio | $684 |
| FMR 1-Bedroom | $758 |
| FMR 2-Bedroom | $992 |
| FMR 3-Bedroom | $1,285 |
| FMR 4-Bedroom | $1,524 |
Market
Ownership & Stock
| Owner-Occupied | 75.3% |
| Renter-Occupied | 24.7% |
| Homeownership Rate | 75.3% |
| Total Housing Units | 725 |
| Median Year Built | 1941 |
| Rent Burden | 20.1% |