Living in Madison Center, Connecticut

Cost of living, income, home prices, rent and demographics of Madison Center · Census data 2020–2024

Madison Center has 1,981 residents with a median age of 60.4. The median household income is $178,194 (86% higher than the Connecticut median), the median home value is $841,800, the median rent is $1,914/month.

Madison Center at a glance

Population
1,981
Median age
60.4State: 41.1
Median household income
$178,194State: $95,781
Median home value
$841,800State: $366,900
Median rent
$1,914/moState: $1,488
Homeowners
61.2%
Bachelor's degree or higher
73.3%
Average commute
25 min

Is Madison Center a good place to live?

Pros: Median household income 86% higher than the Connecticut median; an average commute of 25 minutes; unemployment of 2.7%; a poverty rate of 8.1%.

Cons: Home values 129% higher than the state median.

The weather is best in June to September.

Cost of living in Madison Center

Housing is the biggest part of the cost of living. In Madison Center the median home value is $841,800, 153% higher than the U.S. median. Renters pay a median of $1,914 per month, which is 28.8% of household income. Homeowners with a mortgage pay $3,481 a month in housing costs.

Median home value

Madison Center$841,800
Connecticut$366,900
United States$332,700

Median monthly rent

Madison Center$1,914
Connecticut$1,488
United States$1,413

Madison Center median household income

The median household income in Madison Center is $178,194 and the income per person is $110,957. 8.1% of residents live below the poverty line (Connecticut: 10%).

Median household income

Madison Center$178,194
Connecticut$95,781
United States$80,734

Housing in Madison Center: homes for sale and rent

Housing units
1,195
Owner-occupied
61.2%
Renter-occupied
38.8%
Vacant
21.8%Includes seasonal homes
Median year built
1967
Average household size
2.03

Madison Center demographics

Population
1,981
Median age
60.4
Under 18
12.4%
65 and older
35.5%
Households
935
Foreign-born
4.9%
Veterans
5.2%Adults 18+

Race and ethnicity

White92.1%
Hispanic or Latino1.2%
Black1.2%
Asian3.7%

Hispanic or Latino can be of any race. Population history of Madison Center ›

Education in Madison Center

73.3% of adults 25 and older in Madison Center have a bachelor's degree or higher (Connecticut: 42.5%), and 41.3% have a graduate or professional degree.

Bachelor's degree or higher

Madison Center73.3%
Connecticut42.5%
United States35.7%

Jobs and commute in Madison Center

Unemployment rate
2.7%State: 5.6%
Average commute
25 minState: 27 min
Work from home
27.2%
Drive alone
58.4%
Public transit
3.7%
Walk to work
8%
Homes with broadband
92.9%

Madison Center vs nearby towns

TownPopulationMedian incomeHome valueRent
Madison Center1,981$178,194$841,800$1,914
Guilford Center2,263$82,273$582,400$1,598
Clinton13,377$124,824$380,000$1,395
Madison17,616$167,442$583,900$2,025
Killingworth6,240$140,655$446,200—
Westbrook6,856$91,202$434,300$1,425
Guilford22,108$137,816$515,800$1,717
Westbrook Center2,501$74,618$434,500$1,397
Deep River4,458$90,253$362,200$1,221

More for people moving to Madison Center

Madison Center ZIP code ›Weather and climate ›

Living in Madison Center: FAQ

What is the median household income in Madison Center, CT?

The median household income in Madison Center is $178,194, 86% higher than the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Madison Center?

The median home value in Madison Center is $841,800, compared with $366,900 in Connecticut.

How much is rent in Madison Center?

The median gross rent in Madison Center is $1,914 per month, about 28.8% of household income.

Is Madison Center, CT a good place to live?

Pluses: median household income 86% higher than the Connecticut median; an average commute of 25 minutes; unemployment of 2.7%; a poverty rate of 8.1%. Minuses: home values 129% higher than the state median.

What is the median age in Madison Center?

The median age in Madison Center is 60.4 years (Connecticut: 41.1).

How long is the commute in Madison Center?

The average commute to work in Madison Center is 25 minutes; 27.2% of workers work from home.

What is the unemployment rate in Madison Center?

The unemployment rate in Madison Center is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Madison Center?

73.3% of adults in Madison Center have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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