Madison, Madison County, FL demographics:
population, income, and more

Total population
2,967
0.2% year-over-year change
Median household income
$30,673/yr
-1.1% year-over-year change
Housing units
1,408
4.8% year-over-year change

Madison population

How many people live in Madison

Madison is home to 2,967 residents, according to the most recent Census data. Gender-wise, 46.5% of Madison locals are male, and 53.5% are female.

Total population
2,967
0.2% year-over-year change
Gender ratio
Male
46.5%
1,379
Female
53.5%
1,588
Value Percent YoY change
Male 1,379 46.5% -0.1%
Female 1,588 53.5% 0.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Madison is 31, with the population distributed as follows: about 27.5% are children under 15, then 9.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 34.8% of the population, while another 16.1% fall into the 45 to 64 bracket. Finally, around 11.8% are 65 or older.

Median age
31.2
Age breakdown
Under 15
27.5%
15 to 24
9.8%
25 to 44
34.8%
45 to 64
16.1%
Over 65
11.8%
Value Percent YoY change
Under 15 815 27.5% 12.7%
15 to 24 290 9.8% -25.8%
25 to 44 1,033 34.8% 11.7%
45 to 64 478 16.1% -3.0%
Over 65 351 11.8% -18.0%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Madison, 97.9% of the population are US-born citizens, while 1.7% have gained naturalized citizenship. At the same time, 0.4% of residents are non-citizens. There’s also a share of 8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.9%
Non-U.S.-born citizens
1.7%
Non-citizens
0.4%
Value Percent YoY change
U.S.-born citizens 2,906 97.9% 0.3%
Non-U.S.-born citizens 50 1.7% -5.7%
Non-citizens 11 0.4% 22.2%
Racial breakdown
White
38.4%
Black or African American
49.6%
American Indian and Alaska Native
0.2%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
8%
Other
3.9%
Value Percent
White 1,138 38.4%
Black or African American 1,471 49.6%
American Indian and Alaska Native 7 0.2%
Two or more races 236 8%
Other 115 3.9%

Households in Madison

A peek inside Madison households

Madison has 1,231 households, with an average of 2 members in each. Of these, 50.9% are families, while the remaining 49.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,231
2.9% year-over-year change
Average people per household
2
Non-family households
604
Family households
627
Value Percent YoY change
Non-family households 604 49.1% 2.2%
Family households 627 50.9% 3.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Madison

The housing landscape of Madison

Madison's housing consists of 1,408 units, with 56.2% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3% of the housing landscape.

Housing units
1,408
4.8% year-over-year change
Housing types
Value Percent
1 unit, detached 791 56.2%
2 units 100 7.1%
3 or 4 units 129 9.2%
5 to 9 units 228 16.2%
10 to 19 units 35 2.5%
20 to 49 units 53 3.8%
50 or more units 29 2.1%
Mobile home 43 3%
Homes built since 2020
0
% year-over-year change

The age of buildings in Madison

In Madison, the median construction year is 1974. About 12.1% of homes were built before the 1940s, with another 8.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 170 12.1% -9.6%
Built between 1940 and 1949 122 8.7% -19.7%
Built between 1950 and 1959 237 16.8% -19.1%
Built between 1960 and 1969 96 6.8% -47.5%
Built between 1970 and 1979 194 13.8% -4.4%
Built between 1980 and 1989 252 17.9% 76.2%
Built between 1990 and 1999 102 7.2% 32.5%
Built between 2000 and 2009 77 5.5% 18.5%
Built between 2010 and 2019 158 11.2% 295.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Madison occupancy rates

Out of the 1,231 occupied housing units in Madison, 39.4% are owner-occupied, while 60.6% are lived in by tenants. Meanwhile, 12.6% of all homes on the local market sit vacant.

Occupied housing units
1,231
2.9% year-over-year change
Occupancy breakdown
Renter occupied
746
Owner occupied
485
Value Percent YoY
change
Renter occupied 746 60.6% 10.7%
Owner occupied 485 39.4% -7.1%
Unoccupied housing units
12.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Madison housing costs

Housing costs in Madison come to a median of $746 per month, while tenants specifically pay a median gross rent of $887.

Median housing costs per month
$746/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Madison
$887/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Madison

Madison education at a glance

About 53.4% of the population in Madison went to high school, while 20.3% pursued college studies. Another 11.4% earned an associate degree and 6.6% hold a bachelor’s. Meanwhile, 5.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 56 2.7% -5.1%
High school diploma 1,107 53.4% -6.5%
College diploma 421 20.3% -4.5%
Associate degree 237 11.4% 7.7%
Bachelor's degree 137 6.6% -8.1%
Graduate degree 116 5.6% 6.4%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Madison

How much people earn in Madison

The average annual household income in Madison was $51,100 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +7.2% change from the previous year. At the same time, the median income stood at $30,673, reflecting a -1.1% shift over the same period.

Average household income in Madison
$51,100/year
7.2% year-over-year change
Median household income in Madison
$30,673/year
-1.1% year-over-year change

Madison income by age

In Madison, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $30,538. Those with someone between 45 and 64 in charge, often well established professionally, earn $24,471 overall. Overall, 65.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $30,538 13.6%
45 - 64 $24,471 -2.5%
Over 65 $38,000 -15.0%
Above poverty level
1,837
Below poverty level
968
Value Percent YoY
change
Above poverty level 1,837 65.5% -1.4%
Below poverty level 968 34.5% 5.1%

Average renter income in Madison

To get a better sense of what renters earn on average in Madison, their median household income was $22,080 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 48.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$22,080
Rent-to-income ratio
48.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Madison

Workforce and job types in Madison

The job market in Madison is powered by 1,240 working residents, spread across a range of industries and roles. 59.8% of the working population are employed in professional or administrative positions, while 40.2% are in hands-on or service-based jobs. Also, 8.6% run their own businesses, 72.3% are employed by private companies, and 9.9% work in the public sector.

Workforce demographics

Working population
1,240
2.1% year-over-year change
White collar
742
Blue collar
498
Value Percent YoY change
White collar 742 59.8% -9.6%
Blue collar 498 40.2% 26.4%
Employer type
Self employees
8.6%
Private companies
72.3%
Governmental workers
9.9%
Not for profit companies
9.2%
Value Percent YoY change
Self employees 107 8.6% 12.6%
Private companies 896 72.3% -3.5%
Governmental workers 123 9.9% 95.2%
Not for profit companies 114 9.2% -11.6%
Unemployment rate
1.2%
-62.5% year-over-year change

Available workforce

The unemployment rate in Madison stands at 1.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Madison

How people get around in Madison

Commuting methods vary: 88% of residents travel by personal vehicle and 7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,069 88% -0.6%
Bus or trolleybus 3 0.2% N/A
Motorcycle 6 0.5% 50.0%
Bicycle 16 1.3% 0.0%
Walk 85 7% 41.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Madison by zipcode?

Zipcode Population Number of households Median income Average income
32340 10,302 3,816 $40,972 $59,252

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FAQs about Madison demographics 

What is the total population of Madison?

Madison has a total population of 2,967 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.2% compared to a year ago.

What is the gender ratio in Madison?

The gender ratio in Madison is as follows:
  • 46.5% males (1,379 residents)
  • 53.5% females (1,588 residents)

What is the median age in Madison?

The median age in Madison is 31.2.

What is the age distribution of the population in Madison?

The age distribution in Madison is as follows:
  • Under 15: 27.5% (815 residents)
  • Ages 15-24: 9.8% (290 residents)
  • Ages 25-44: 34.8% (1,033 residents)
  • Ages 45-64: 16.1% (478 residents)
  • Over 65: 11.8% (351 residents)

What is the racial and ethnic makeup of Madison?

The racial and ethnic makeup of Madison is as follows:
  • White: 38.4% (1,138 residents)
  • Black or African American: 49.6% (1,471 residents)
  • American Indian and Alaska Native: 0.2% (7 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 8% (236 residents)
  • Other: 3.9% (115 residents)

What percentage of the population in Madison are U.S.-born citizens?

U.S.-born citizens represent 97.9% of the population in Madison.

How many housing units are there in Madison?

There are 1,408 housing units in Madison, reflecting a +4.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Madison and what is the average household size?

Madison has a total of 1,231 households, with an average of 2 people in each.

What is the median household income in Madison?

Madison has a median household income of $30,673, representing a -1.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Madison?

The employment rate is 98.8% in Madison, with a workforce of 1,240 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 59.8% (742 residents)
  • Blue-collar workers: 40.2% (498 residents)

Places of employment:
  • Self-employed: 8.6% (107 residents)
  • Private companies: 72.3% (896 residents)
  • Governmental workers: 9.9% (123 residents)
  • Not-for-profit companies: 9.2% (114 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025