Living in Madison, Pennsylvania
Cost of living, income, home prices, rent and demographics of Madison · Census data 2020–2024
Madison has 1,783 residents with a median age of 45. The median household income is $76,500 (about the same as the Pennsylvania median), the median home value is $268,800, the median rent is $842/month.
Madison at a glance
- Population
- 1,783
- Median age
- 45State: 40.9
- Median household income
- $76,500State: $77,971
- Median home value
- $268,800State: $254,500
- Median rent
- $842/moState: $1,209
- Homeowners
- 86.1%
- Bachelor's degree or higher
- 25.7%
- Average commute
- 25 min
Is Madison a good place to live?
Pros: An average commute of 25 minutes.
Cons: Median household income about the same as the Pennsylvania median; home values 6% higher than the state median; unemployment of 5.6%; a poverty rate of 14.8%.
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 $268,800, 19% lower than the U.S. median. Renters pay a median of $842 per month, which is 19.2% of household income. Homeowners with a mortgage pay $1,758 a month in housing costs.
Madison median household income
The median household income in Madison is $76,500 and the income per person is $33,621. 14.8% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Madison: homes for sale and rent
- Housing units
- 780
- Owner-occupied
- 86.1%
- Renter-occupied
- 13.9%
- Vacant
- 11.5%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.58
Madison demographics
- Population
- 1,783
- Median age
- 45
- Under 18
- 23.2%
- 65 and older
- 22.9%
- Households
- 690
- Foreign-born
- 1.1%
- Veterans
- 9.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Madison ›
Education in Madison
25.7% of adults 25 and older in Madison have a bachelor's degree or higher (Pennsylvania: 35.2%), and 14% have a graduate or professional degree.
Jobs and commute in Madison
- Unemployment rate
- 5.6%State: 5.3%
- Average commute
- 25 minState: 26 min
- Work from home
- 16.4%
- Drive alone
- 69.8%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 74.5%
Madison vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Madison | 1,783 | $76,500 | $268,800 | $842 |
| Eyers Grove | 125 | $43,750 | $142,000 | — |
| Millville | 943 | $65,469 | $218,100 | $772 |
| West Hemlock | 490 | $118,750 | $283,300 | $875 |
| Derry | 1,294 | $83,438 | $211,800 | $930 |
| Mount Pleasant | 1,605 | $91,875 | $277,000 | $1,086 |
| Hemlock | 2,396 | $89,091 | $278,100 | $1,165 |
| Greenwood | 1,846 | $68,167 | $218,700 | $691 |
| Anthony | 1,435 | $81,705 | $251,700 | $1,135 |
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 $76,500, about the same as 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 $268,800, compared with $254,500 in Pennsylvania.
How much is rent in Madison?
The median gross rent in Madison is $842 per month, about 19.2% of household income.
Is Madison, PA a good place to live?
Pluses: an average commute of 25 minutes. Minuses: median household income about the same as the Pennsylvania median; home values 6% higher than the state median; unemployment of 5.6%; a poverty rate of 14.8%.
What is the median age in Madison?
The median age in Madison is 45 years (Pennsylvania: 40.9).
How long is the commute in Madison?
The average commute to work in Madison is 25 minutes; 16.4% of workers work from home.
What is the unemployment rate in Madison?
The unemployment rate in Madison is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Madison?
25.7% 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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