| ZIP Code | 04950 |
|---|---|
| City | Madison |
| State | Maine (ME) |
| County | Somerset County |
| Area Code | 207 |
| Elevation | 440 ft |
| Latitude | 44.826354 |
|---|---|
| Longitude | -69.799713 |
| Timezone | New York (DST) |
| FIPS | 23025 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.4 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.01 |
| Below Poverty | 16.3% ▲ 63% above avg |
| College Grads | 28.9% ▼ 25% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| No HS Diploma | 35 (0.9%) |
| HS Graduate | 1,339 (35.8%) |
| Some College | 782 (20.9%) |
| Associates | 505 (13.5%) |
| Bachelors | 481 (12.9%) |
| Graduate Degree | 601 (16.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $48,750 ▼ 36% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $154,300 ▼ 45% below avg ↑ 38% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $892/mo ↑ 21% since 2019 |
| Total Units | 2,755 |
| Vacant Units | 491 |
| Avg HH Size | 2.01 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,755 |
|---|---|
| Vacant | 491 |
| Owner Occupied | 59.9% |
| Renter Occupied | 40.1% |
| Avg HH Size | 2.01 |
ZIP code 04950 is located in Madison, Maine, within Somerset County. With a population of 4,761, this is a lightly populated ZIP code with a mature community — the median age is 52.4 years. Economically, 04950 is a working-class ZIP code: the median household income of $48,750 is below the national average.
Real estate in ZIP code 04950 represents an affordable housing market. The median home value of $154,300 is below the national average. Renters can expect to pay around $892 per month in median rent. The area has a relatively balanced mix of owners (59.9%) and renters (40.1%). Median home values have increased by 38% since 2019.
The population of 04950 is primarily White (96.62%). Residents are moderately educated — 28.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.3%. Household income has grown by 16% since 2019.
About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 04950 in Madison, ME is characterized as working-class, moderately educated, and a mature community. With 4,761 residents, a median household income of $48,750, and a median home value of $154,300, it offers a clear picture of life in this part of Maine.