Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.0 yrs |
|---|---|
| Avg HH Size | 2.38 |
| Below Poverty | 20.0% ▲ 100% above avg |
| College Grads | 30.8% ▼ 20% below avg |
| Unemployment | 0.6% ▼ 89% below avg |
| HS Graduate | 420 (52%) |
| Some College | 108 (13.4%) |
| Associates | 31 (3.8%) |
| Bachelors | 90 (11.1%) |
| Graduate Degree | 159 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,204 ▼ 18% below avg |
|---|---|
| Median Home Value | $140,500 ▼ 50% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $694/mo |
| Total Housing Units | 712 |
| Vacant Units | 171 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Madison is a city in New York, located in Madison County. The city spans 1 ZIP code and is home to approximately 1,295 residents. It is a mature city, with a median age of 47 years.
Economically, Madison is a solidly middle-class community. The median household income of $62,204 is below the national average. Approximately 20.0% of residents live below the poverty line. The unemployment rate is 0.6%, well 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 $140,500, which is below the national average. Renters typically pay around $694 per month. Homeownership is high at 81.3%, typical of suburban and family-oriented communities.
The population of Madison is moderately educated. 30.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.98%).
Madison, NY offers residents a cost-conscious lifestyle within New York.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 13402 | 1,295 | $62,204 | $140,500 | $694 | 0.6% | 30.8% | 81.3% |