Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.4 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 1.9% ▼ 81% below avg |
| College Grads | 76.6% ▲ 98% above avg |
| Unemployment | 6.4% ▲ 30% above avg |
| No HS Diploma | 24 (0.2%) |
| HS Graduate | 1,514 (12.2%) |
| Some College | 558 (4.5%) |
| Associates | 810 (6.5%) |
| Bachelors | 665 (5.4%) |
| Graduate Degree | 8,820 (71.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $168,341 ▲ 121% above avg |
|---|---|
| Median Home Value | $534,800 ▲ 92% above avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $2,046/mo |
| Total Housing Units | 8,020 |
| Vacant Units | 1,141 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Madison is a city in Connecticut, located in South Central Regional County. The city spans 1 ZIP code and is home to approximately 17,577 residents. It is a mature city, with a median age of 51.4 years.
Economically, Madison is a affluent community. The median household income of $168,341 is more than double the national average. Approximately 1.9% of residents live below the poverty line. The unemployment rate is 6.4%, above the national average.
The real estate market in Madison is a premium housing market. Median home values stand at $534,800, which is significantly above the national average. Renters typically pay around $2,046 per month. Homeownership is high at 90.6%, typical of suburban and family-oriented communities.
The population of Madison is highly educated. 76.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (87.69%).
Madison, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06443 | 17,577 | $168,341 | $534,800 | $2,046 | 6.4% | 76.6% | 90.6% |