Madison, NE
Population 2,074 · Nebraska
About Madison, NE
Madison is a small community in Nebraska with a population of 2,074 residents. The median household income is $56,932 per year, which is near the national average. The median age in Madison is 33.4 years.
Housing in Madison has a median home value of $116,000 and median monthly rent of $818. Of the 757 total housing units, the majority are owner-occupied, with 508 owner-occupied and 167 renter-occupied units.
The unemployment rate in Madison is 4.4% and the poverty rate is 15.8%. 12.1% of residents hold a bachelor's degree or higher. The average commute time is 12.5 minutes.
Cost of Living in Madison, NE
Compared to national averages, Madison has a median household income of $56,932 (24% below the national median of $75,149). Home values average $116,000, which is 53% below the national median. Monthly rent at $818 is 30% below the US average of $1,163. Within Nebraska, Madison's income is 14% below the state average of $65,895, and home values are 8% below the state median of $125,824.
Why Live in Madison, NE?
Madison offers affordable housing with a median home value of $116,000, below the US average of $244,900, and rent that’s lower than the national average at $818/month, and short commute times averaging just 12.5 minutes.
Potential considerations include median household income ($56,932) 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 2,074 with a median age of 33.4 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Madison
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kimball | 2,153 | $57,153 | $105,700 | Compare |
| Pierce | 1,986 | $64,167 | $157,600 | Compare |
| Wilber | 2,178 | $80,227 | $154,700 | Compare |
| Imperial | 2,182 | $71,667 | $176,700 | Compare |
| Syracuse | 1,964 | $70,625 | $190,000 | Compare |
| Ord | 2,186 | $53,274 | $109,500 | Compare |
| Beaver Lake | 2,198 | $136,364 | $384,500 | Compare |
| Geneva | 2,214 | $79,750 | $156,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
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, NE?
The population of Madison, NE is 2,074 according to the latest Census data.
What is the median household income in Madison?
The median household income in Madison, NE is $56,932 per year.
What is the median home value in Madison?
The median home value in Madison, NE is $116,000.
What is the average rent in Madison?
The median monthly rent in Madison, NE is $818.
What is the unemployment rate in Madison?
The unemployment rate in Madison, NE is 4.4%.