Madison, MD
Population 145 · Maryland
About Madison, MD
Madison is a small community located in Maryland with a population of 145 residents according to the latest US Census Bureau American Community Survey data. The median household income is $108,676 per year, which is 45% above the national median of $75,149. The median age of 66.9 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 features a median home value of $768,400, which is 214% 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 $0, 100% below the national average of $1,163/month. Of the 105 total housing units, 98% are owner-occupied (63 units) and 2% are renter-occupied (1 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Madison shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Madison have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
25.2% 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, 0.7% Hispanic or Latino, 1.4% Black or African American, and 0.7% Asian residents, with 12.4% of the population being foreign-born.
Cost of Living in Madison, MD
Compared to national averages, Madison has a median household income of $108,676 (45% above the national median of $75,149). Home values average $768,400, which is 214% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Maryland, Madison's income is 1% above the state average of $107,956, and home values are 91% above the state median of $402,447.
Why Live in Madison, MD?
Madison offers a strong local economy with a median household income of $108,676, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 4.3%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $768,400. However, Madison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madison has a population of 145 with a median age of 66.9 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Madison
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burkittsville | 143 | $102,708 | $443,800 | Compare |
| Brookeville | 148 | $137,500 | $793,500 | Compare |
| Henderson | 148 | $95,673 | $76,900 | Compare |
| Cearfoss | 141 | $2,499 | $0 | Compare |
| Rohrersville | 141 | $0 | $0 | Compare |
| Lisbon | 140 | $0 | $0 | Compare |
| Templeville | 151 | $39,375 | $0 | Compare |
| Still Pond | 138 | $52,059 | $228,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
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, MD?
The population of Madison, MD is 145 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Maryland.
What is the median household income in Madison?
The median household income in Madison, MD is $108,676 per year, which is 45% above the national median of $75,149.
What is the median home value in Madison?
The median home value in Madison, MD is $768,400, which is 214% 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, MD is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Madison?
The unemployment rate in Madison, MD is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Madison, MD a good place to live?
Madison offers above-average incomes, a competitive housing market, and a strong job market. With a population of 145 and a median age of 66.9, the city appeals to established professionals and retirees.
How educated is Madison, MD?
25.2% of residents in Madison aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Madison?
Key cost-of-living indicators for Madison, MD: median home value is $768,400 (214% above national), median rent is $0/month, and median household income is $108,676. The home-value-to-income ratio is 7.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Madison?
The poverty rate in Madison, MD is 4.3%, 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, MD?
Madison's population is 0.0% White, 0.7% Hispanic or Latino, 1.4% Black or African American, 0.7% Asian, and 0.7% two or more races. 12.4% of residents are foreign-born.