Madison, NY

Full City Profile · New York · Madison County County

3.7 /5.0
B+ Good
392 Population 817/sq mi density
$43,750 Median Income $23,041 per capita
$105,800 Home Value $221,020 Zillow
$1,275 Median Rent 38.8% income on rent
44°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$43,750 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$105,800 home value, $1,275/mo rent
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher

Madison, NY

At a Glance

Median Income
$43,750
42% below
$23,041 per capita
Home Value
$105,800
62% below
Zillow: $221,020
Median Rent
$1,275/mo
10% above
38.8% of income on rent
Bachelor's Degree+
24.3%
28% below
91.7% high school+
Unemployment
1.7%
53% below
21.2% poverty rate
Obesity Rate
36.7%
14% above
13.4% smoking rate
Avg Temperature
44°F

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)

Income
58%
Home Value
38%
Rent
110%
Poverty
171%
Bachelor's
72%
Unemployment
47%
Thin vertical line = U.S. national average (100%)

Is Madison a Good Place to Live?

B+
3.7 / 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 $43,750 , which is 42% below the national average of $75,149. Per capita income is $23,041. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 21.2% of residents live below the poverty line. The area is home to 1,634 business establishments, including 160 restaurants.

Housing & Cost of Living

The median home value in Madison is $105,800 , 62% below the national median of $281,900. Zillow estimates the typical home at $221,020. Median rent is $1,275/month, with 38.8% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1938.

Education

24.3% of adults in Madison hold a bachelor's degree or higher (28% below the national average). 91.7% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Madison has an average annual temperature of 44°F (7°C). Winters average 19°F in January while summers reach 67°F in July. Annual precipitation totals 48.1 inches.

Data Overview

People

Population392
Median Age28.3 yrs
Density817/mi²
Male / Female45% / 55%
Foreign Born0.0%
Veterans8.8%

Economy

B
Median Income$43,750
Per Capita$23,041
Unemployment1.7%
Poverty21.2%
County GDP$3,091M
Avg Weekly Wage$1,083

Housing

A+
Home Value$105,800
Rent$1,275
Ownership62.0%
Zillow$221,020
Housing Units171
Rent Burden38.8%

Health

Obesity36.7%
Diabetes8.0%
Smoking13.4%
Heart Disease5.0%
Premature Death6,940/100K

Climate

Avg Temp44°F
Rain48.1 in/yr
Elevation1,203 ft

Education

C+
Bachelor's+24.3%
High School+91.7%
Graduate+10.2%
School Score5.8/10

Community

2024 VoteR 57% / D 43%
Commute24 min
Broadband74.0%
Internet Speed145 Mbps
EV Stations10
Libraries10

Did You Know?

The median home in Madison was built in 1938.
The nearest airport is Griffiss International (24 miles).
The Gini coefficient (income inequality) is 0.449 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
15.3% of the population has a disability.
Average internet download speed is 145 Mbps.
There are 160 restaurants in the area.
The county recorded 10 fatal vehicle crashes.