Madison, AL
Population 58,335 · Alabama
About Madison, AL
Madison is a mid-sized city located in Alabama with a population of 58,335 residents according to the latest US Census Bureau American Community Survey data. The median household income is $131,436 per year, which is 75% above the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Madison features a median home value of $367,900, which is 50% above the national median of $244,900. This places Madison in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,375, 18% above the national average of $1,163/month. Of the 22,688 total housing units, 75% are owner-occupied (16,411 units) and 25% are renter-occupied (5,557 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Madison shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Madison have an average one-way commute time of 20.7 minutes.
Education & Demographics
65.9% of Madison residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.2% White, 1.7% Hispanic or Latino, 1.5% Black or African American, and 3.9% Asian residents, with 9.9% of the population being foreign-born.
Climate & Weather
Madison experiences an annual average temperature of 62.7°F with 49.34" of precipitation per year. The moderate climate offers a balance of seasonal variety without extremes. Summer highs average around 89°F (July–August), while winter lows dip to approximately 39°F (December–January).
How Madison Ranks in Alabama
Cost of Living in Madison, AL
Compared to national averages, Madison has a median household income of $131,436 (75% above the national median of $75,149). Home values average $367,900, which is 50% above the national median. Monthly rent at $1,375 is 18% above the US average of $1,163. Within Alabama, Madison's income is 127% above the state average of $57,952, and home values are 131% above the state median of $159,358.
Why Live in Madison, AL?
Madison offers a strong local economy with a median household income of $131,436, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 65.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.0%, better than the national average, and short commute times averaging just 20.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $367,900. However, as a mid-sized city, Madison provides access to a wide range of amenities and services.
Madison has a population of 58,335 with a median age of 37.9 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Madison
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Decatur | 57,760 | $59,831 | $190,500 | Compare |
| Dothan | 71,118 | $55,052 | $186,600 | Compare |
| Florence | 41,231 | $50,396 | $174,100 | Compare |
| Prattville | 38,850 | $79,396 | $208,500 | Compare |
| Vestavia Hills | 38,704 | $129,171 | $494,500 | Compare |
| Phenix City | 38,477 | $49,715 | $160,000 | Compare |
| Auburn | 78,738 | $56,123 | $342,400 | Compare |
| Alabaster | 33,633 | $90,163 | $242,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Climate & Weather in Madison
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 55 | 63 | 64 | 69 | 80 | 87 | 90 | 89 | 84 | 73 | 65 | 56 |
| Low °F | 39 | 44 | 44 | 49 | 60 | 66 | 71 | 70 | 64 | 54 | 45 | 38 |
| Rain " | 5.7 | 6.6 | 6.1 | 5.2 | 2.9 | 4.5 | 3.6 | 6.1 | 0.8 | 0.6 | 2.5 | 4.9 |
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Madison With Other Cities
Frequently Asked Questions about Madison
What is the population of Madison, AL?
The population of Madison, AL is 58,335 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Alabama.
What is the median household income in Madison?
The median household income in Madison, AL is $131,436 per year, which is 75% above the national median of $75,149.
What is the median home value in Madison?
The median home value in Madison, AL is $367,900, which is 50% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Madison?
The median monthly rent in Madison, AL is $1,375, which is 18% above the national average of $1,163/month.
What is the unemployment rate in Madison?
The unemployment rate in Madison, AL is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Madison, AL a good place to live?
Madison offers above-average incomes, a competitive housing market, and a strong job market. With a population of 58,335 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Madison, AL?
65.9% of residents in Madison aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Madison?
Key cost-of-living indicators for Madison, AL: median home value is $367,900 (50% above national), median rent is $1,375/month, and median household income is $131,436. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Madison?
The poverty rate in Madison, AL is 4.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Madison, AL?
Madison's population is 2.2% White, 1.7% Hispanic or Latino, 1.5% Black or African American, 3.9% Asian, and 12.7% two or more races. 9.9% of residents are foreign-born.