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CITY · 2010 ACS

Madison

New Jersey · 15,845 residents · 4.312 sq mi
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The short version

Madison is significantly wealthier than the US average, with a median household income of $106,070. Population has declined 4% since 2000. 61% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has risen by half since 2000, reaching $641,400. Poverty is rare here, at 4.3% of residents. Households here earn about 52% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $52,703
Mid-age
median age 38.0
US median: 37.2
More educated
61% hold a bachelor's degree
US average: 28%
Less affordable
home values up 41%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
15,845
−4%since 2000
from 16,530 in 2000
1990 – 2025
Population density
3,675 / sq mi
−4%since 2000
from 3,833 / sq mi in 2000
US average: 261
Median age
38.0
+11%since 2000
from 34.3 in 2000
US average: 37.2
Population, 1990 – 2024
16K16K16K17K17K1990201020202024Madison
202416K
1990201020202024
Section 02

Income & economy

Median household income
$106,070
+1%inflation adjusted, since 2000
from $82,847 in 2000
US average: $52,703
1990 – 2024
Per capita income
$54,518
+42%since 2000
from $38,416 in 2000
US average: $27,286
Households earning $100K+
64.0%
+1.0 ptssince 2009
from 63.1% in 2009
US average: 33.3%
Poverty rate
4.3%
+1.0 ptssince 2000
from 3.4% in 2000
US average: 13.8%
Income inequality (Gini)
0.500
US average: 0.461
Workforce by industry, 2010
Other services13.4%
US avg: 7%
Public administration10.8%
US avg: 4.9%
Retail trade9.6%
US avg: 10.9%
Information9.2%
US avg: 11.5%
Arts, entertainment, food4.4%
US avg: 2.4%
Transportation & warehousing2.4%
US avg: 3.1%
Wholesale trade2.4%
US avg: 7.2%
Finance & insurance2%
US avg: 5.1%
Professional, scientific, technical1.7%
US avg: 4.2%
Education & health services0.4%
US avg: 0.9%
Agriculture, forestry, fishing0.1%
US avg: 1.9%
Construction0.1%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$641,400
+41%inflation adjusted, since 2000
from $359,500 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$1,453
+11%inflation adjusted, since 2000
from $1,036 in 2000
US average: $853
Owner-occupied
45.3%
−21.7 ptssince 2000
from 67.0% in 2000
34.4% rent
Vacancy rate
5.1%
−1.0 ptssince 2009
from 6.0% in 2009
US average: 12.1%
Owner cost-burdened
33.2%
−0.4 ptssince 2009
from 33.6% in 2009
US average: 30.9%
Renter cost-burdened
38.8%
+2.4 ptssince 2009
from 36.4% in 2009
US average: 46.8%
Afford Score
6.0
+39%since 2000
from 4.3 in 2000
1990 – 2024
RELATED:See current rent listings in Madison on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic85.7%(14,172)
Black2.9%(481)
Hispanic / Latino6%(987)
Asian3.7%(616)
Other0%
Diversity Score29.2%(4,834)
2010
White, non-Hispanic81%(12,840)
Black2.8%(441)
Hispanic / Latino8.9%(1,406)
Asian5.5%(869)
Other0.7%(103)
Diversity Score39.5%(6,252)
Diversity Score
39
+35%since 2000
from 29 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
60.7%
+3.8 ptssince 2000
from 56.8% in 2000
US average: 27.9%
High school or higher
92.5%
+1.6 ptssince 2000
from 90.8% in 2000
US average: 84.9%
Graduate degree
28.5%
+2.5 ptssince 2000
from 26.0% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
31.6 min
+56%since 2000
from 20.3 min in 2000
US average: 25.2
Drive alone to work
64.9%
−0.9 ptssince 2009
from 65.8% in 2009
US average: 76.2%
Carpooled to work
6.0%
+0.4 ptssince 2009
from 5.6% in 2009
US average: 10.4%
Public transit
14.3%
Unchangedsince 2009
from 14.3% in 2009
US average: 4.7%
Worked from home
7.7%
−0.1 ptssince 2009
from 7.8% in 2009
US average: 4.1%
Walked to work
5.8%
+0.8 ptssince 2009
from 5.1% in 2009
US average: 2.8%
Biked to work
0.5%
+0.2 ptssince 2009
from 0.4% in 2009
US average: 0.5%
No vehicle available
5.3%
−0.2 ptssince 2009
from 5.5% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
13.2%
−0.2 ptssince 2009
from 13.4% in 2009
US average: 12.9%
Management & professional
57.1%
−18.9 ptssince 2009
from 76.1% in 2009
US average: 35.2%
Section 08

People & community

Male
46.6%
+0.8 ptssince 2009
from 45.8% in 2009
Female
53.4%
−0.8 ptssince 2009
from 54.2% in 2009
Foreign born
15.7%
+0.9 ptssince 2009
from 14.8% in 2009
US average: 12.8%
Veterans
6.1%
−39.3 ptssince 2009
from 45.4% in 2009
US average: 9.9%
Drill deeper

Places similar to Madison

Lake Butler
Pop 17,125
Hockessin
Pop 13,439
Key Biscayne
Pop 14,815
Naples
Pop 20,114
Places similar to Madison
Head to head

Compare Madison to nearby cities

MADISON VS
Florham Park
Income$158,696+50%
Home value$791,400+23%
Population14,456−13%
SEE FULL COMPARISON →
MADISON VS
Chatham
Income$241,500+128%
Home value$984,900+54%
Population10,027−40%
SEE FULL COMPARISON →
MADISON VS
Summit
Income$190,304+79%
Home value$994,500+55%
Population23,314+40%
SEE FULL COMPARISON →
MADISON VS
Morristown
Income$121,340+14%
Home value$567,600−12%
Population20,750+25%
SEE FULL COMPARISON →
Frequently asked

How many people live in Madison, New Jersey?

Madison, New Jersey has about 15,845 residents according to the 2010 American Community Survey.

What is the median household income in Madison, New Jersey?

The typical household in Madison, New Jersey earns about $106,070 a year. Half of households make more than that, and half make less.

Is Madison, New Jersey expensive?

In Madison, New Jersey, the median home is worth about $641,400, and the typical rent is about $1,453 a month.

How educated are people in Madison, New Jersey?

About 60.7% of adults age 25 and over in Madison, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Madison, New Jersey?

About 4.3% of people in Madison, New Jersey live below the federal poverty line.

Has Madison, New Jersey grown since 1990?

Yes, Madison, New Jersey has shrunk since 1990. The population has lost about 5 residents, a change of about -0 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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