Madaket, MA
Population 378 · Massachusetts
About Madaket, MA
Madaket is a small community located in Massachusetts with a population of 378 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,615 per year, which is 42% above the national median of $75,149. The median age of 62.3 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 Madaket features a median home value of $1,226,600, which is 401% above the national median of $244,900. This places Madaket 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 715 total housing units, 82% are owner-occupied (131 units) and 18% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Madaket 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Madaket have an average one-way commute time of 24.2 minutes.
Education & Demographics
52.9% of Madaket 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 14.3% of the population being foreign-born.
Cost of Living in Madaket, MA
Compared to national averages, Madaket has a median household income of $106,615 (42% above the national median of $75,149). Home values average $1,226,600, which is 401% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Massachusetts, Madaket's income is 1% above the state average of $105,630, and home values are 119% above the state median of $561,296.
Why Live in Madaket, MA?
Madaket offers a strong local economy with a median household income of $106,615, 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 well-educated community where 52.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 24.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,226,600. However, Madaket’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madaket has a population of 378 with a median age of 62.3 years. Compare Madaket with other cities to see how it stacks up, or explore all cities in Massachusetts.
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Demographics
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Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Madaket
What is the population of Madaket, MA?
The population of Madaket, MA is 378 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Massachusetts.
What is the median household income in Madaket?
The median household income in Madaket, MA is $106,615 per year, which is 42% above the national median of $75,149.
What is the median home value in Madaket?
The median home value in Madaket, MA is $1,226,600, which is 401% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Madaket?
The median monthly rent in Madaket, MA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Madaket?
The unemployment rate in Madaket, MA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Madaket, MA a good place to live?
Madaket offers above-average incomes, a competitive housing market, and a strong job market. With a population of 378 and a median age of 62.3, the city appeals to established professionals and retirees.
How educated is Madaket, MA?
52.9% of residents in Madaket 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 Madaket?
Key cost-of-living indicators for Madaket, MA: median home value is $1,226,600 (401% above national), median rent is $0/month, and median household income is $106,615. The home-value-to-income ratio is 11.5x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Madaket?
The poverty rate in Madaket, MA is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Madaket, MA?
Madaket's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 14.3% of residents are foreign-born.