Madison, MS
Population 27,775 · Mississippi
About Madison, MS
Madison is a mid-sized city in Mississippi with a population of 27,775 residents. The median household income is $120,918 per year, which is above the national average. The median age in Madison is 40.8 years.
Housing in Madison has a median home value of $334,700 and median monthly rent of $1,798. Of the 10,127 total housing units, the majority are owner-occupied, with 8,987 owner-occupied and 635 renter-occupied units.
The unemployment rate in Madison is 3.2% and the poverty rate is 4.4%. 65.7% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
How Madison Ranks in Mississippi
Cost of Living in Madison, MS
Compared to national averages, Madison has a median household income of $120,918 (61% above the national median of $75,149). Home values average $334,700, which is 37% above the national median. Monthly rent at $1,798 is 55% above the US average of $1,163. Within Mississippi, Madison's income is 142% above the state average of $49,929, and home values are 166% above the state median of $125,705.
Why Live in Madison, MS?
Madison offers a strong local economy with a median household income of $120,918, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 65.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.4%, better than the national average, and short commute times averaging just 24.7 minutes.
Madison has a population of 27,775 with a median age of 40.8 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Madison
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pearl | 27,458 | $54,643 | $170,900 | Compare |
| Clinton | 27,418 | $70,913 | $220,400 | Compare |
| Greenville | 28,833 | $36,297 | $100,800 | Compare |
| Horn Lake | 26,622 | $56,847 | $158,900 | Compare |
| Oxford | 26,086 | $59,901 | $333,400 | Compare |
| Starkville | 25,611 | $39,751 | $265,900 | Compare |
| Brandon | 25,352 | $93,073 | $255,900 | Compare |
| Ridgeland | 24,548 | $63,470 | $259,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
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, MS?
The population of Madison, MS is 27,775 according to the latest Census data.
What is the median household income in Madison?
The median household income in Madison, MS is $120,918 per year.
What is the median home value in Madison?
The median home value in Madison, MS is $334,700.
What is the average rent in Madison?
The median monthly rent in Madison, MS is $1,798.
What is the unemployment rate in Madison?
The unemployment rate in Madison, MS is 3.2%.