Madison, NC
Population 2,198 · North Carolina
About Madison, NC
Madison is a small community in North Carolina with a population of 2,198 residents. The median household income is $49,964 per year, which is below the national average. The median age in Madison is 50.2 years.
Housing in Madison has a median home value of $144,900 and median monthly rent of $730. Of the 1,174 total housing units, the majority are owner-occupied, with 645 owner-occupied and 410 renter-occupied units.
The unemployment rate in Madison is 8.2% and the poverty rate is 9.4%. 17.5% of residents hold a bachelor's degree or higher. The average commute time is 19.3 minutes.
Cost of Living in Madison, NC
Compared to national averages, Madison has a median household income of $49,964 (34% below the national median of $75,149). Home values average $144,900, which is 41% below the national median. Monthly rent at $730 is 37% below the US average of $1,163. Within North Carolina, Madison's income is 22% below the state average of $64,468, and home values are 37% below the state median of $228,922.
Why Live in Madison, NC?
Madison offers affordable housing with a median home value of $144,900, below the US average of $244,900, and rent that’s lower than the national average at $730/month, and a low poverty rate of 9.4%, better than the national average. Additionally, the city features short commute times averaging just 19.3 minutes.
Potential considerations include median household income ($49,964) 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 2,198 with a median age of 50.2 years. Compare Madison with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Madison
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bladenboro | 2,181 | $55,517 | $89,800 | Compare |
| Badin | 2,163 | $43,068 | $130,500 | Compare |
| Governors Village | 2,148 | $124,857 | $565,500 | Compare |
| Navassa | 2,148 | $57,571 | $196,300 | Compare |
| Burnsville | 2,143 | $47,576 | $223,800 | Compare |
| Biscoe | 2,259 | $43,773 | $112,800 | Compare |
| Mulberry | 2,134 | $52,416 | $164,000 | Compare |
| Icard | 2,291 | $47,825 | $136,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
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, NC?
The population of Madison, NC is 2,198 according to the latest Census data.
What is the median household income in Madison?
The median household income in Madison, NC is $49,964 per year.
What is the median home value in Madison?
The median home value in Madison, NC is $144,900.
What is the average rent in Madison?
The median monthly rent in Madison, NC is $730.
What is the unemployment rate in Madison?
The unemployment rate in Madison, NC is 8.2%.