Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.8 yrs |
|---|---|
| Avg HH Size | 2.21 |
| Below Poverty | 34.4% ▲ 244% above avg |
| College Grads | 17.4% ▼ 55% below avg |
| Unemployment | 22.7% ▲ 363% above avg |
| No HS Diploma | 47 (2%) |
| HS Graduate | 1,011 (42.3%) |
| Some College | 423 (17.7%) |
| Associates | 491 (20.6%) |
| Bachelors | 223 (9.3%) |
| Graduate Degree | 193 (8.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $40,139 ▼ 47% below avg |
|---|---|
| Median Home Value | $53,600 ▼ 81% below avg |
| Home/Income Ratio | 1.3x (nat avg ~3.5x) |
| Median Rent | $1,019/mo |
| Total Housing Units | 2,018 |
| Vacant Units | 400 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Madison is a city in Illinois, located in Madison County. The city spans 1 ZIP code and is home to approximately 3,619 residents. It is a middle-aged city, with a median age of 42.8 years.
Economically, Madison is a working-class community. The median household income of $40,139 is below the national average. Approximately 34.4% of residents live below the poverty line. The unemployment rate is 22.7%, more than double 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 $53,600, which is well below the national average. Renters typically pay around $1,019 per month.
The population of Madison is less-educated. 17.4% of adults hold a bachelor's degree or higher — well below the national average. The community is majority Black (66.04%).
Madison, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62060 | 3,619 | $40,139 | $53,600 | $1,019 | 22.7% | 17.4% | 46.4% |