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Madison, NY

Full City Profile · New York · Madison County County

3.4 /5.0
B Good
392 Population 817/sq mi density
$43,750 Median Income $23,041 per capita
$105,800 Home Value $196,693 Zillow
$1,275 Median Rent 38.8% income on rent
44°F Avg Temperature 246 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$43,750 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$105,800 home value, $1,275/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher

Housing Overview

Median Home Value
$105,800
62% below
US avg: $281,900
Median Rent
$1,275/mo
10% above
US avg: $1,163/mo
Homeownership Rate
62.0%
5% below US avg (65.4%)
Total Housing Units
171
Median year built: 1938

Home Value by Source

Census Median
$105,800
Zillow (ZHVI)
$196,693
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.0%
Owner-Occupied
38.0%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$995/mo
1 Bedroom
$1,123/mo
2 Bedroom
$1,392/mo
3 Bedroom
$1,691/mo
4 Bedroom
$1,848/mo
Census median rent: $1,275/mo

Affordability & Housing Stock

Rent Burden
38.8%
of renters spending 30%+ of income on housing
25% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
62.0%

Complete Housing Data

Home Values

Census Median Value$105,800
Zillow Home Value (ZHVI)$196,693

Rent

Census Median Rent$1,275
FMR Studio$995
FMR 1-Bedroom$1,123
FMR 2-Bedroom$1,392
FMR 3-Bedroom$1,691
FMR 4-Bedroom$1,848

Market

Ownership & Stock

Owner-Occupied62.0%
Renter-Occupied38.0%
Homeownership Rate62.0%
Total Housing Units171
Median Year Built1938
Rent Burden38.8%