Living in Madison, Pennsylvania
Cost of living, income, home prices, rent and demographics of Madison · Census data 2020–2024
Madison has 972 residents with a median age of 60. The median household income is $68,409 (12% lower than the Pennsylvania median), the median home value is $150,800, the median rent is $603/month.
Madison is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Madison at a glance
- Population
- 972
- Median age
- 60State: 40.9
- Median household income
- $68,409State: $77,971
- Median home value
- $150,800State: $254,500
- Median rent
- $603/moState: $1,209
- Homeowners
- 77.9%
- Bachelor's degree or higher
- 12.8%
- Average commute
- 38 min
Is Madison a good place to live?
Pros: Home values 41% lower than the state median; unemployment of 3.6%.
Cons: Median household income 12% lower than the Pennsylvania median; an average commute of 38 minutes; a poverty rate of 12.1%.
The weather is best in June to September.
Cost of living in Madison
Housing is the biggest part of the cost of living. In Madison the median home value is $150,800, 55% lower than the U.S. median. Renters pay a median of $603 per month, which is 19.6% of household income. Homeowners with a mortgage pay $1,000 a month in housing costs.
Madison median household income
The median household income in Madison is $68,409 and the income per person is $32,376. 12.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Madison: homes for sale and rent
- Housing units
- 543
- Owner-occupied
- 77.9%
- Renter-occupied
- 22.1%
- Vacant
- 16%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.13
Madison demographics
- Population
- 972
- Median age
- 60
- Under 18
- 13.1%
- 65 and older
- 31.2%
- Households
- 456
- Foreign-born
- 0%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Madison ›
Education in Madison
12.8% of adults 25 and older in Madison have a bachelor's degree or higher (Pennsylvania: 35.2%), and 5.9% have a graduate or professional degree.
Jobs and commute in Madison
- Unemployment rate
- 3.6%State: 5.3%
- Average commute
- 38 minState: 26 min
- Work from home
- 10.9%
- Drive alone
- 80.9%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 75.7%
Madison vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Madison | 972 | $68,409 | $150,800 | $603 |
| Rimersburg | 1,100 | $60,294 | $89,100 | $717 |
| Toby | 1,079 | $71,023 | $107,500 | $693 |
| Madison | 991 | $54,417 | $132,500 | $638 |
| East Brady | 1,041 | $66,250 | $143,500 | $662 |
| Washington | 703 | $52,917 | $175,000 | $708 |
| Porter | 1,366 | $70,156 | $120,700 | $632 |
| Bradys Bend | 757 | $65,536 | $210,900 | $952 |
| Templeton | 213 | $54,659 | $82,300 | $617 |
More for people moving to Madison
Madison ZIP code ›Weather and climate ›Living in Madison: FAQ
What is the median household income in Madison, PA?
The median household income in Madison is $68,409, 12% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Madison?
The median home value in Madison is $150,800, compared with $254,500 in Pennsylvania.
How much is rent in Madison?
The median gross rent in Madison is $603 per month, about 19.6% of household income.
Is Madison, PA a good place to live?
Pluses: home values 41% lower than the state median; unemployment of 3.6%. Minuses: median household income 12% lower than the Pennsylvania median; an average commute of 38 minutes; a poverty rate of 12.1%.
What is the median age in Madison?
The median age in Madison is 60 years (Pennsylvania: 40.9).
How long is the commute in Madison?
The average commute to work in Madison is 38 minutes; 10.9% of workers work from home.
What is the unemployment rate in Madison?
The unemployment rate in Madison is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Madison?
12.8% of adults in Madison 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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