At a Glance
Median Income
$168,469
$85,897 per capita
Home Value
$882,900
Zillow: $965,654
Median Rent
$2,248/mo
28.4% of income on rent
Violent Crime
6/100K
423/100K property
Bachelor's Degree+
70.7%
96.7% high school+
Unemployment
4.7%
1.1% poverty rate
Obesity Rate
21.9%
7.5% smoking rate
Avg Temperature
53°F
271 sunny days/yr
How Madison Compares to the U.S. Average
Each bar shows Madison's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Madison a Good Place to Live?
B+
3.9 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Madison residents earn a median household income of $168,469 , which is 124% above the national average of $75,149.
Per capita income is $85,897. The unemployment rate stands at 4.7% (31% above the U.S. rate of 3.6%). 1.1% of residents live below the poverty line. The area is home to 16,571 business establishments, including 1,317 restaurants.
Housing & Cost of Living
The median home value in Madison is $882,900 , 213% above the national median of $281,900.
Zillow estimates the typical home at $965,654. Median rent is $2,248/month, with 28.4% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1958.
Safety & Crime
Madison reports 6 violent crimes per 100,000 residents
, which is 98% below the national average of 380/100K.
Property crime is 423/100K. The murder rate is 0.0/100K.
Education
70.7% of adults in Madison hold a bachelor's degree or higher
(110% above the national average).
96.7% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Madison has an average annual temperature of 53°F (12°C).
Winters average 31°F in January while summers reach 76°F in July. The area gets 271 sunny days per year. Annual precipitation totals 50.4 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population16,464
Median Age39.0 yrs
Density3,820/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans2.8%
Economy
A+
Median Income$168,469
Per Capita$85,897
Unemployment4.7%
Poverty1.1%
County GDP$51,947M
Avg Weekly Wage$1,622
Housing
B+
Home Value$882,900
Rent$2,248
Ownership64.2%
Zillow$965,654
Housing Units5,754
Rent Burden28.4%
Crime
C
Violent6/100K
Property423/100K
Murder0.0/100K
Assault6/100K
Burglary67/100K
Health
Obesity21.9%
Diabetes6.5%
Smoking7.5%
Heart Disease3.7%
Premature Death6,477/100K
Climate
Avg Temp53°F
Sunny Days271/yr
Rain50.4 in/yr
AQI39 (Good)
Elevation271 ft
Education
A+
Bachelor's+70.7%
High School+96.7%
Graduate+32.1%
School Score6.2/10
Community
2024 VoteR 37% / D 61%
Commute27 min
Broadband95.1%
Internet Speed183 Mbps
EV Stations28
Libraries24
Did You Know?
The median home in Madison was built in 1958.
25.2% work from home.
The nearest airport is Newark Liberty International (14 miles).
The Gini coefficient (income inequality) is 0.487 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 183 Mbps.
There are 1,317 restaurants in the area.
The county recorded 29 fatal vehicle crashes.