Madison, PA
Population 385 · Pennsylvania
About Madison, PA
Madison is a small community located in Pennsylvania with a population of 385 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,292 per year, which is 16% above the national median of $75,149. The median age of 42.8 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 Madison features a median home value of $250,000, which is 2% above the national median of $244,900. This positions Madison in a moderately priced market relative to the rest of the country. Median monthly rent is $675, 42% below the national average of $1,163/month. Of the 173 total housing units, 87% are owner-occupied (142 units) and 13% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Madison 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 4.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Madison have an average one-way commute time of 24.3 minutes.
Education & Demographics
14.4% of Madison residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. 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 0.0% of the population being foreign-born.
Cost of Living in Madison, PA
Compared to national averages, Madison has a median household income of $87,292 (16% above the national median of $75,149). Home values average $250,000, which is 2% above the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Pennsylvania, Madison's income is 19% above the state average of $73,376, and home values are 31% above the state median of $190,903.
Why Live in Madison, PA?
Madison offers a strong local economy with a median household income of $87,292, well above the national average, and rent that’s lower than the national average at $675/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 4.4%, better than the national average, and short commute times averaging just 24.3 minutes.
Madison has a population of 385 with a median age of 42.8 years. Compare Madison with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Madison
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Parkhill | 385 | $67,083 | $110,000 | Compare |
| Ford Cliff | 386 | $64,750 | $100,000 | Compare |
| Parryville | 386 | $62,917 | $184,000 | Compare |
| Shartlesville | 384 | $71,875 | $255,600 | Compare |
| Dawson | 387 | $53,594 | $89,100 | Compare |
| Bolivar | 388 | $62,500 | $89,000 | Compare |
| Fredonia | 382 | $48,571 | $94,600 | Compare |
| Oneida | 382 | $160,586 | $110,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
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, PA?
The population of Madison, PA is 385 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Madison?
The median household income in Madison, PA is $87,292 per year, which is 16% above the national median of $75,149.
What is the median home value in Madison?
The median home value in Madison, PA is $250,000, which is 2% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Madison?
The median monthly rent in Madison, PA is $675, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Madison?
The unemployment rate in Madison, PA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Madison, PA a good place to live?
Madison offers above-average incomes, a competitive housing market, and a strong job market. With a population of 385 and a median age of 42.8, the city appeals to a broad range of residents.
How educated is Madison, PA?
14.4% of residents in Madison aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Madison?
Key cost-of-living indicators for Madison, PA: median home value is $250,000 (2% above national), median rent is $675/month, and median household income is $87,292. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Madison?
The poverty rate in Madison, PA is 4.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Madison, PA?
Madison'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. 0.0% of residents are foreign-born.