Madison, AR
Population 574 · Arkansas
About Madison, AR
Madison is a small community in Arkansas with a population of 574 residents. The median household income is $60,809 per year, which is near the national average. The median age in Madison is 54 years.
Housing in Madison has a median home value of $57,200 and median monthly rent of $845. Of the 381 total housing units, the majority are owner-occupied, with 184 owner-occupied and 79 renter-occupied units.
The unemployment rate in Madison is 3.3% and the poverty rate is 14.3%. 15.0% of residents hold a bachelor's degree or higher. The average commute time is 23.3 minutes.
Cost of Living in Madison, AR
Compared to national averages, Madison has a median household income of $60,809 (19% below the national median of $75,149). Home values average $57,200, which is 77% below the national median. Monthly rent at $845 is 27% below the US average of $1,163. Within Arkansas, Madison's income is 16% above the state average of $52,241, and home values are 54% below the state median of $125,457.
Why Live in Madison, AR?
Madison offers affordable housing with a median home value of $57,200, below the US average of $244,900, and rent that’s lower than the national average at $845/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features short commute times averaging just 23.3 minutes.
Potential considerations include median household income ($60,809) that falls below the national average. However, Madison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madison has a population of 574 with a median age of 54 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Madison
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Altheimer | 578 | $41,364 | $75,700 | Compare |
| Central City | 570 | $71,071 | $123,000 | Compare |
| Bergman | 582 | $61,042 | $119,400 | Compare |
| Kirby | 582 | $77,955 | $111,200 | Compare |
| Junction City | 564 | $35,506 | $110,400 | Compare |
| Mountain Pine | 589 | $46,250 | $46,500 | Compare |
| Guy | 592 | $60,521 | $199,000 | Compare |
| Kingsland | 551 | $26,731 | $34,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Madison
What is the population of Madison, AR?
The population of Madison, AR is 574 according to the latest Census data.
What is the median household income in Madison?
The median household income in Madison, AR is $60,809 per year.
What is the median home value in Madison?
The median home value in Madison, AR is $57,200.
What is the average rent in Madison?
The median monthly rent in Madison, AR is $845.
What is the unemployment rate in Madison?
The unemployment rate in Madison, AR is 3.3%.