Madison, NC demographics:
population, income, and more
Madison population
How many people live in Madison
Madison is home to 2,242 residents, according to the most recent Census data. Gender-wise, 53.7% of Madison locals are male, and 46.3% are female.
Age demographics
The median age in Madison is 48, with the population distributed as follows: about 10.4% are children under 15, then 15.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.7% of the population, while another 31.2% fall into the 45 to 64 bracket. Finally, around 22.2% are 65 or older.
Racial makeup
In Madison, 97.5% of the population are US-born citizens, while 0.9% have gained naturalized citizenship. At the same time, 1.6% of residents are non-citizens. As for race, 59% of locals are Caucasian, 33.9% are African American and 1% have Asian roots. Another 0.1% are Indigenous American, 0.1% are Pacific Islanders, while 1.2% identify as another race. There’s also a share of 4.5% that includes residents with two or more races.
Households in Madison
A peek inside Madison households
Madison has 1,060 households, with an average of 2 members in each. Of these, 57.9% are families, while the remaining 42.1% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Madison
The housing landscape of Madison
Madison's housing consists of 1,161 units, with 72.9% 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 2.3% of the housing landscape.
The age of buildings in Madison
In Madison, the median construction year is 1960. About 22.6% of homes were built before the 1940s, with another 14.3% going up by 1949. Most development happened in the second half of the 20th century.
Madison occupancy rates
Out of the 1,060 occupied housing units in Madison, 57.7% are owner-occupied, while 42.3% are lived in by tenants. Meanwhile, 8.7% of all homes on the local market sit vacant.
Madison housing costs
Housing costs in Madison come to a median of $828 per month, while tenants specifically pay a median gross rent of $830.
Education in Madison
Madison education at a glance
About 40.6% of the population in Madison went to high school, while 30.9% pursued college studies. Another 12.1% earned an associate degree and 5.2% hold a bachelor’s. Meanwhile, 8.6% went even further, earning a master’s or doctorate.
Income in Madison
How much people earn in Madison
The average annual household income in Madison was $66,662 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.8% change from the previous year. At the same time, the median income stood at $52,593, reflecting a +5.3% shift over the same period.
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 $80,645. Those with someone between 45 and 64 in charge, often well established professionally, earn $49,766 overall. Overall, 92% of the locals in this community live above the poverty line.
Average renter income in Madison
To get a better sense of what renters earn on average in Madison, their median household income was $33,500 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 29.7%, shows what portion of their earnings goes toward housing expenses.
Employment in Madison
Workforce and job types in Madison
The job market in Madison is powered by 1,099 working residents, spread across a range of industries and roles. 69.4% of the working population are employed in professional or administrative positions, while 30.6% are in hands-on or service-based jobs. Also, 9.5% run their own businesses, 69.8% are employed by private companies, and 14.9% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Madison stands at 10.3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Madison
How people get around in Madison
Commuting methods vary: 87.9% of residents travel by personal vehicle and 2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Madison by zipcode?
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FAQs about Madison demographics
What is the total population of Madison?
What is the gender ratio in Madison?
- 53.7% males (1,203 residents)
- 46.3% females (1,039 residents)
What is the median age in Madison?
What is the age distribution of the population in Madison?
- Under 15: 10.4% (232 residents)
- Ages 15-24: 15.6% (349 residents)
- Ages 25-44: 20.7% (465 residents)
- Ages 45-64: 31.2% (699 residents)
- Over 65: 22.2% (497 residents)
What is the racial and ethnic makeup of Madison?
- White: 59% (1,324 residents)
- Black or African American: 33.9% (761 residents)
- American Indian and Alaska Native: 0.1% (3 residents)
- Asian: 1% (23 residents)
- Native Hawaiian and Other Pacific Islander: 0.1% (2 residents)
- Two or More Races: 4.5% (101 residents)
- Other: 1.2% (28 residents)
What percentage of the population in Madison are U.S.-born citizens?
How many housing units are there in Madison?
How many households are in Madison and what is the average household size?
What is the median household income in Madison?
What is the employment rate and job market overview for Madison?
Job types:
- White-collar workers: 69.4% (763 residents)
- Blue-collar workers: 30.6% (336 residents)
Places of employment:
- Self-employed: 9.5% (104 residents)
- Private companies: 69.8% (767 residents)
- Governmental workers: 14.9% (164 residents)
- Not-for-profit companies: 5.8% (64 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.