Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs |
|---|---|
| Avg HH Size | 2.25 |
| Below Poverty | 16.8% ▲ 68% above avg |
| College Grads | 26.1% ▼ 33% below avg |
| Unemployment | 3.5% ▼ 29% below avg |
| No HS Diploma | 180 (2.7%) |
| HS Graduate | 2,336 (35.4%) |
| Some College | 1,427 (21.6%) |
| Associates | 943 (14.3%) |
| Bachelors | 813 (12.3%) |
| Graduate Degree | 908 (13.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $43,393 ▼ 43% below avg |
|---|---|
| Median Home Value | $115,900 ▼ 58% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $814/mo |
| Total Housing Units | 4,567 |
| Vacant Units | 701 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Madison is a city in Florida, located in Madison County. The city spans 2 ZIP codes and is home to approximately 10,424 residents. It is a mature city, with a median age of 45 years.
Economically, Madison is a working-class community. The median household income of $43,393 is below the national average. Approximately 16.8% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Madison is one of the more affordable housing markets in the country. Median home values stand at $115,900, which is well below the national average. Renters typically pay around $814 per month. Homeownership is high at 64.6%, typical of suburban and family-oriented communities.
The population of Madison is moderately educated. 26.1% of adults hold a bachelor's degree or higher — below the national average. The community is racially diverse, with White as the largest group at 50.0%.
Madison, FL offers residents a cost-conscious lifestyle within Florida. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 32340 | 10,424 | $43,393 | $115,900 | $814 | 3.5% | 26.1% | 64.6% |