With 6,065 people, Madison Park is a neighborhood in Charlotte. 73% of adults hold a bachelor's degree, against 36% nationally. The median age is 32.1, younger than the US median of 38.9. 47% of homes are owner-occupied. That is roughly 36% ahead of the Charlotte median. Density works out to 3,926 people per square mile. 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
Land area
1.55 sq mi
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%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
1.86 people
US average: 2.54
Owner cost-burdened
23.4%
US average: 22.9%
Renter cost-burdened
23.5%
US average: 47.4%
Afford Score
4.7
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic78.2%(4,742)
Black3%(180)
Hispanic / Latino9.2%(560)
Asian2.9%(173)
Other6.8%(410)
2024
White, non-Hispanic78.2%(4,742)
Black3%(180)
Hispanic / Latino9.2%(560)
Asian2.9%(173)
Other6.8%(410)
Diversity Score
47
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
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.
