Madison, MO
Population 387 · Missouri
About Madison, MO
Madison is a small community in Missouri with a population of 387 residents. The median household income is $44,375 per year, which is below the national average. The median age in Madison is 35.4 years.
Housing in Madison has a median home value of $86,800 and median monthly rent of $644. Of the 238 total housing units, the majority are owner-occupied, with 119 owner-occupied and 51 renter-occupied units.
The unemployment rate in Madison is 1.1% and the poverty rate is 21.7%. 14.8% of residents hold a bachelor's degree or higher. The average commute time is 32.1 minutes.
Cost of Living in Madison, MO
Compared to national averages, Madison has a median household income of $44,375 (41% below the national median of $75,149). Home values average $86,800, which is 65% below the national median. Monthly rent at $644 is 45% below the US average of $1,163. Within Missouri, Madison's income is 27% below the state average of $61,047, and home values are 42% below the state median of $150,786.
Why Live in Madison, MO?
Madison offers affordable housing with a median home value of $86,800, below the US average of $244,900, and rent that’s lower than the national average at $644/month, and a strong job market with an unemployment rate of just 1.1%.
Potential considerations include median household income ($44,375) that falls below the national average. However, Madison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madison has a population of 387 with a median age of 35.4 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Madison
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cross Timbers | 386 | $53,529 | $0 | Compare |
| Naylor | 388 | $31,750 | $80,300 | Compare |
| Huntleigh | 384 | $250,001 | $1,812,500 | Compare |
| Oakview | 384 | $71,875 | $176,100 | Compare |
| Bucklin | 383 | $43,125 | $73,700 | Compare |
| Burlington Junction | 383 | $46,250 | $79,600 | Compare |
| Freeburg | 391 | $46,719 | $130,400 | Compare |
| Mineral Point | 383 | $39,087 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
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, MO?
The population of Madison, MO is 387 according to the latest Census data.
What is the median household income in Madison?
The median household income in Madison, MO is $44,375 per year.
What is the median home value in Madison?
The median home value in Madison, MO is $86,800.
What is the average rent in Madison?
The median monthly rent in Madison, MO is $644.
What is the unemployment rate in Madison?
The unemployment rate in Madison, MO is 1.1%.