Life in Madison research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Madison over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Madison:
The population in Madison is 56,967.
The median home value in Madison is $371,983.
The median income in Madison is $118,132.
The cost of living in Madison is 103 which is 1.0x higher than the national average.
The median rent in Madison is $1,201.
The unemployment rate in Madison is 3.0%.
The poverty rate in Madison is 4.5%.
The average high in Madison is 71.1° and the average low is 48.5°.
Cost of living in Madison summary. We use data on the cost of living to determine how expensive it is to live in Madison. Real estate prices drive most of the variance in cost of living around Alabama. Key points include:
The cost of living in Madison is 103 with 100 being average.
The cost of living in Madison is 1.0x higher than the national average.
The median home value in Madison is $371,983.
The median income in Madison is $118,132.
Living Expense | Madison | Alabama | National Average | |
---|---|---|---|---|
Overall | 103 | 88 | 100 | |
Services | 101 | 95 | 100 | |
Groceries | 98 | 97 | 100 | |
Health | 95 | 88 | 100 | |
Housing | 115 | 69 | 100 | |
Transportation | 90 | 90 | 100 | |
Utilities | 99 | 101 | 100 |
The average high in Madison is 71.1° and the average low is 48.5°.
There are 78.9 days of precipitation each year.
Expect an average of 55.6 inches of precipitation each year with 1.6 inches of snow.
Stat | Madison |
---|---|
Average Annual High | 71.1 |
Average Annual Low | 48.5 |
Annual Precipitation Days | 78.9 |
Average Annual Precipitation | 55.6 |
Average Annual Snowfall | 1.6 |
The current population in Madison is 56,967. The population has increased 41.4% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 56,967 | 18.0% |
2021 | 48,275 | 2.5% |
2020 | 47,079 | 1.5% |
2019 | 46,396 | 1.8% |
2018 | 45,590 | 1.6% |
2017 | 44,866 | 1.9% |
2016 | 44,044 | 2.6% |
2015 | 42,925 | 3.3% |
2014 | 41,573 | 3.2% |
2013 | 40,293 | - |
67.7% White with 38,570 White residents.
14.6% African American with 8,298 African American residents.
0.4% American Indian with 214 American Indian residents.
7.2% Asian with 4,118 Asian residents.
0.0% Hawaiian with 4 Hawaiian residents.
0.3% Other with 153 Other residents.
3.3% Two Or More with 1,885 Two Or More residents.
6.5% Hispanic with 3,725 Hispanic residents.
Race | Madison | AL | USA |
---|---|---|---|
White | 67.7% | 64.6% | 58.9% |
African American | 14.6% | 26.2% | 12.1% |
American Indian | 0.4% | 0.3% | 0.6% |
Asian | 7.2% | 1.4% | 5.7% |
Hawaiian | 0.0% | 0.0% | 0.2% |
Other | 0.3% | 0.3% | 0.4% |
Two Or More | 3.3% | 2.6% | 3.5% |
Hispanic | 6.5% | 4.6% | 18.7% |
Madison is 50.5% female with 28,764 female residents.
Madison is 49.5% male with 28,203 male residents.
Gender | Madison | AL | USA |
---|---|---|---|
Female | 50.5% | 51.4% | 50.4% |
Male | 49.5% | 48.6% | 49.6% |
1.0% of adults in Madison completed < 9th grade.
2.0% of adults in Madison completed 9-12th grade.
12.0% of adults in Madison completed high school / ged.
14.0% of adults in Madison completed some college.
6.0% of adults in Madison completed associate's degree.
35.0% of adults in Madison completed bachelor's degree.
24.0% of adults in Madison completed master's degree.
2.0% of adults in Madison completed professional degree.
4.0% of adults in Madison completed doctorate degree.
Education | Madison | AL | USA |
---|---|---|---|
< 9th Grade | 1.0% | 3.0% | 4.0% |
9-12th Grade | 2.0% | 9.0% | 6.0% |
High School / GED | 12.0% | 30.0% | 26.0% |
Some College | 14.0% | 21.0% | 20.0% |
Associate's Degree | 6.0% | 9.0% | 9.0% |
Bachelor's Degree | 35.0% | 17.0% | 21.0% |
Master's Degree | 24.0% | 8.0% | 10.0% |
Professional Degree | 2.0% | 2.0% | 2.0% |
Doctorate Degree | 4.0% | 1.0% | 2.0% |
3.1% of households in Madison earn Less than $10,000.
1.3% of households in Madison earn $10,000 to $14,999.
3.8% of households in Madison earn $15,000 to $24,999.
2.9% of households in Madison earn $25,000 to $34,999.
6.8% of households in Madison earn $35,000 to $49,999.
14.9% of households in Madison earn $50,000 to $74,999.
10.9% of households in Madison earn $75,000 to $99,999.
20.5% of households in Madison earn $100,000 to $149,999.
17.5% of households in Madison earn $150,000 to $199,999.
18.3% of households in Madison earn $200,000 or more.
Income | Madison | AL | USA |
---|---|---|---|
Less than $10,000 | 3.1% | 6.5% | 4.9% |
$10,000 to $14,999 | 1.3% | 5.4% | 3.8% |
$15,000 to $24,999 | 3.8% | 9.6% | 7.0% |
$25,000 to $34,999 | 2.9% | 9.1% | 7.4% |
$35,000 to $49,999 | 6.8% | 12.3% | 10.7% |
$50,000 to $74,999 | 14.9% | 16.8% | 16.1% |
$75,000 to $99,999 | 10.9% | 12.4% | 12.8% |
$100,000 to $149,999 | 20.5% | 14.7% | 17.1% |
$150,000 to $199,999 | 17.5% | 6.7% | 8.8% |
$200,000 or more | 18.3% | 6.5% | 11.4% |