Madison, GA
Population 4,714 · Georgia
About Madison, GA
Madison is a small town located in Georgia with a population of 4,714 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,133 per year, which is 5% above the national median of $75,149. The median age of 37.5 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 $313,100, which is 28% above the national median of $244,900. This positions Madison in a moderately priced market relative to the rest of the country. Median monthly rent is $1,128, 3% below the national average of $1,163/month. Of the 2,266 total housing units, 40% are owner-occupied (850 units) and 60% are renter-occupied (1,251 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Madison shows an unemployment rate of 1.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Madison have an average one-way commute time of 15 minutes, one of the shorter commutes in the region.
Education & Demographics
42.4% of Madison residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 2.6% Black or African American, and 0.0% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Madison, GA
Compared to national averages, Madison has a median household income of $79,133 (5% above the national median of $75,149). Home values average $313,100, which is 28% above the national median. Monthly rent at $1,128 is 3% below the US average of $1,163. Within Georgia, Madison's income is 30% above the state average of $60,815, and home values are 61% above the state median of $194,684.
Why Live in Madison, GA?
Madison offers a strong local economy with a median household income of $79,133, well above the national average, and rent that’s lower than the national average at $1,128/month, and a strong job market with an unemployment rate of just 1.8%. Additionally, the city features a well-educated community where 42.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 15 minutes.
Madison has a population of 4,714 with a median age of 37.5 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Georgia.
Similar Cities Near Madison
Cities in Georgia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Montgomery | 4,704 | $86,500 | $393,700 | Compare |
| Grayson | 4,699 | $125,704 | $457,000 | Compare |
| Elberton | 4,691 | $41,454 | $97,500 | Compare |
| Palmetto | 4,681 | $54,745 | $203,600 | Compare |
| Lakeview | 4,760 | $56,208 | $162,300 | Compare |
| Forsyth | 4,641 | $74,811 | $191,600 | Compare |
| Cornelia | 4,813 | $40,192 | $210,200 | Compare |
| Cochran | 4,815 | $30,756 | $121,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Georgia
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, GA?
The population of Madison, GA is 4,714 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Georgia.
What is the median household income in Madison?
The median household income in Madison, GA is $79,133 per year, which is 5% above the national median of $75,149.
What is the median home value in Madison?
The median home value in Madison, GA is $313,100, which is 28% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Madison?
The median monthly rent in Madison, GA is $1,128, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Madison?
The unemployment rate in Madison, GA is 1.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Madison, GA a good place to live?
Madison offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,714 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Madison, GA?
42.4% 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, GA: median home value is $313,100 (28% above national), median rent is $1,128/month, and median household income is $79,133. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Madison?
The poverty rate in Madison, GA is 6.9%, 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, GA?
Madison's population is 0.0% White, 0.0% Hispanic or Latino, 2.6% Black or African American, 0.0% Asian, and 38.6% two or more races. 2.3% of residents are foreign-born.