Madison Center, CT
Population 1,818 · Connecticut
About Madison Center, CT
Madison Center is a small town located in Connecticut with a population of 1,818 residents according to the latest US Census Bureau American Community Survey data. The median household income is $190,769 per year, which is 154% above the national median of $75,149. The median age of 59.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Madison Center features a median home value of $816,800, which is 234% above the national median of $244,900. This places Madison Center in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,079, 79% above the national average of $1,163/month. Of the 1,118 total housing units, 63% are owner-occupied (536 units) and 37% are renter-occupied (314 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Madison Center shows an unemployment rate of 2.7%, 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 Center have an average one-way commute time of 29 minutes.
Education & Demographics
70.7% of Madison Center 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 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 5.7% of the population being foreign-born.
How Madison Center Ranks in Connecticut
Cost of Living in Madison Center, CT
Compared to national averages, Madison Center has a median household income of $190,769 (154% above the national median of $75,149). Home values average $816,800, which is 234% above the national median. Monthly rent at $2,079 is 79% above the US average of $1,163. Within Connecticut, Madison Center's income is 55% above the state average of $123,065, and home values are 58% above the state median of $516,920.
Why Live in Madison Center, CT?
Madison Center offers a strong local economy with a median household income of $190,769, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 70.7% 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.
Potential considerations include a competitive housing market where the typical home costs $816,800. However, Madison Center’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madison Center has a population of 1,818 with a median age of 59.1 years. Compare Madison Center with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Madison Center
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Moodus | 1,815 | $88,482 | $259,000 | Compare |
| Chester Center | 1,876 | $73,542 | $397,400 | Compare |
| Stratford Downtown | 1,758 | $73,875 | $291,300 | Compare |
| Georgetown | 1,751 | $163,158 | $677,300 | Compare |
| Wilton Center | 1,730 | $116,081 | $493,400 | Compare |
| New Hartford Center | 1,691 | $78,487 | $216,700 | Compare |
| Suffield Depot | 1,947 | $0 | $377,500 | Compare |
| Ridgebury | 1,949 | $207,721 | $821,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Madison Center With Other Cities
Frequently Asked Questions about Madison Center
What is the population of Madison Center, CT?
The population of Madison Center, CT is 1,818 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Madison Center?
The median household income in Madison Center, CT is $190,769 per year, which is 154% above the national median of $75,149.
What is the median home value in Madison Center?
The median home value in Madison Center, CT is $816,800, which is 234% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Madison Center?
The median monthly rent in Madison Center, CT is $2,079, which is 79% above the national average of $1,163/month.
What is the unemployment rate in Madison Center?
The unemployment rate in Madison Center, CT is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Madison Center, CT a good place to live?
Madison Center offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,818 and a median age of 59.1, the city appeals to established professionals and retirees.
How educated is Madison Center, CT?
70.7% of residents in Madison Center 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 Center?
Key cost-of-living indicators for Madison Center, CT: median home value is $816,800 (234% above national), median rent is $2,079/month, and median household income is $190,769. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Madison Center?
The poverty rate in Madison Center, CT 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 Center, CT?
Madison Center's population is 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 1.7% two or more races. 5.7% of residents are foreign-born.