Median Household Income
$171,471 ± $19,397
Median Home Value
$943,200 ± $43,310
Median Gross Rent
$2,253 ± $120/mo
Per Capita Income
$89,692
Poverty Rate
3.2%
Unemployment Rate
6.3%
Homeownership Rate
63.8%
Bachelor's Degree or Higher
74.1%
Median Age
38.2
Average Commute
20 min
Households
5,614
Veterans
379
Population Over Time
Madison grew 2.5% from 2014 to 2024.
2014
16,043
2016
16,090
2018
16,042
2020
16,647
2022
16,521
2024
16,447
Population by Race & Ethnicity
White
75.1%
Hispanic or Latino
13.3%
Black or African American
1.5%
Asian
6.3%
Nearby Cities in New Jersey
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.