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NEIGHBORHOOD

Madison Park

North Carolina · Charlotte · 6,065 residents · 1.545 sq mi
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The short version

Madison Park is significantly wealthier than the US average, with a median household income of $112,014. Population has held roughly steady since 2024. 73% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $529,305. At a median age of 32.1, residents skew younger than the country as a whole. Households here earn about 36% more than the Charlotte median. These figures are approximated by combining the 2 census tracts that make up Madison Park; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 32.1
US median: 38.9
More educated
73% hold a bachelor's degree
US average: 36%
Renter-heavy
47% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
6,065
Population density
3,926 / sq mi
US average: 281
Median age
32.1
US average: 38.9
Section 02

Income & economy

Median household income
$112,014
US average: $82,259
Per capita income
$70,590
US average: $44,673
Households earning $100K+
70.2%
US average: 53.3%
Poverty rate
13.0%
US average: 12.5%
Income inequality (Gini)
0.384
US average: 0.476
Workforce by industry, 2024
Other services17.3%
US avg: 6.7%
Public administration13.7%
US avg: 4.8%
Retail trade10.2%
US avg: 9.9%
Finance & insurance6.6%
US avg: 5.9%
Information6.5%
US avg: 10.8%
Professional, scientific, technical6.4%
US avg: 5.1%
Arts, entertainment, food3.3%
US avg: 1.9%
Wholesale trade3.1%
US avg: 6.9%
Transportation & warehousing2%
US avg: 2.2%
Agriculture, forestry, fishing0.7%
US avg: 1.6%
Construction0.7%
US avg: 1.2%
Education & health services0.2%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$529,305
US average: $376,019
Median gross rent
$1,892
US average: $1,442
Owner-occupied
47.2%
52.8% rent
Vacancy rate
9.6%
US average: 10.0%
Owner cost-burdened
23.4%
US average: 22.9%
Renter cost-burdened
23.5%
US average: 47.4%
Afford Score
4.7
RELATED:See current rent listings in Madison Park on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic78.2%(4,742)
Black3%(180)
Hispanic / Latino9.2%(560)
Asian2.9%(173)
Other6.8%(410)
Diversity Score46.7%(2,835)
2024
White, non-Hispanic78.2%(4,742)
Black3%(180)
Hispanic / Latino9.2%(560)
Asian2.9%(173)
Other6.8%(410)
Diversity Score46.7%(2,835)
Diversity Score
47
Section 05

Education

Bachelor's degree or higher
72.7%
US average: 35.6%
High school or higher
99.6%
US average: 89.6%
Graduate degree
18.7%
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.7 min
US average: 26.5
Drive alone to work
61.2%
US average: 68.9%
Carpooled to work
4.1%
US average: 8.5%
Public transit
1.8%
US average: 3.2%
Worked from home
30.9%
US average: 15.0%
Walked to work
1.9%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
7.4%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.3%
US average: 5.2%
Labor force participation
92.7%
US average: 63.5%
Self-employed
4.3%
US average: 13.1%
Management & professional
57.4%
US average: 42.5%
Section 08

People & community

Male
55.7%
Female
44.3%
Foreign born
10.5%
US average: 14.1%
Veterans
1.1%
US average: 6.2%
With a disability
4.6%
US average: 13.3%
Uninsured
9.6%
US average: 8.4%
Broadband at home
100.0%
US average: 91.0%
English only at home
83.6%
US average: 77.7%
Spanish at home
7.8%
US average: 13.6%
Explore

Neighborhoods in Charlotte

Back Creek Church RoadBallantyne EastBallantyne WestBarclay DownsBecton ParkBeverly WoodsCollege DownsCollingwoodCoulwood WestDilworthDowntown CharlotteEast ForestEastfieldEastland-Wilora LakeElizabethFarm PondFirst WardFourth WardFoxcroftHarris-HoustonHarwood LaneHickory RidgeHidden ValleyHighland CreekIdlewild SouthJohnston Rd.-McAlpineMallard Creek - Withrow DownsMarshbrookeMineral Springs-Rumble RoadMontclaire SouthMountain IslandMyers ParkNewellNorth LakeNorth Sharon AmityPiper Glen EstatesPlaza-EastwayProsperity Church RoadProvidence Estates EastProvidence PlantationProvincetowneSedgefieldShannon ParkStarmount ForestSteele CreekStonehavenThird WardToddville RoadWendover-SedgewoodWessex SquareWest Sugar Creek-W T Harris BlWindsor ParkYorkmountYorkshireNeighborhoods in Charlotte
Drill deeper

Places similar to Madison Park

Bushrod
Pop 5,631
Baker
Pop 6,604
Midtown
Pop 5,870
Upper Dimond
Pop 6,502
Places similar to Madison Park
Head to head

Compare Madison Park side by side

MADISON PARK VS
Bushrod
Income$112,164same
Home value$1,326,252+151%
Population5,631−7%
SEE FULL COMPARISON →
MADISON PARK VS
Baker
Income$112,353same
Home value$678,248+28%
Population6,604+9%
SEE FULL COMPARISON →
MADISON PARK VS
Midtown
Income$116,365+4%
Home value$1,180,864+123%
Population5,870−3%
SEE FULL COMPARISON →
MADISON PARK VS
Upper Dimond
Income$116,797+4%
Home value$1,118,066+111%
Population6,502+7%
SEE FULL COMPARISON →
Frequently asked

How many people live in Madison Park, Charlotte, North Carolina?

Madison Park, Charlotte, North Carolina has about 6,065 residents according to the 2024 American Community Survey.

What is the median household income in Madison Park, Charlotte, North Carolina?

The typical household in Madison Park, Charlotte, North Carolina earns about $112,014 a year. Half of households make more than that, and half make less.

Is Madison Park, Charlotte, North Carolina expensive?

In Madison Park, Charlotte, North Carolina, the median home is worth about $529,305, and the typical rent is about $1,892 a month.

How educated are people in Madison Park, Charlotte, North Carolina?

About 72.7% of adults age 25 and over in Madison Park, Charlotte, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Madison Park, Charlotte, North Carolina?

About 13.0% of people in Madison Park, Charlotte, North Carolina live below the federal poverty line.

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Containing area
Charlotte

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

How we source and harmonize this data →