Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.4 yrs |
|---|---|
| Avg HH Size | 2.01 |
| Below Poverty | 16.3% ▲ 63% above avg |
| College Grads | 28.9% ▼ 25% 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 |
|---|---|
| Median Home Value | $154,300 ▼ 45% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $892/mo |
| Total Housing Units | 2,755 |
| Vacant Units | 491 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Madison is a city in Maine, located in Somerset County. The city spans 1 ZIP code and is home to approximately 4,761 residents. It is a mature city, with a median age of 52.4 years.
Economically, Madison is a working-class community. The median household income of $48,750 is below the national average. Approximately 16.3% of residents live below the poverty line.
The real estate market in Madison is an affordable housing market. Median home values stand at $154,300, which is below the national average. Renters typically pay around $892 per month.
The population of Madison is moderately educated. 28.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (96.62%).
Madison, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04950 | 4,761 | $48,750 | $154,300 | $892 | 0.0% | 28.9% | 59.9% |