Florida · Census place 42425
Madison city, FL
Quick answer
Madison city has 2,960 residents, ranking #605 of 955 places in Florida. Median household income is $31,025, the median home is worth $84,400 and median gross rent runs $849 a month.
- Population
- 2,960Madison city residents
- Median household income
- $31,025Past 12 months, inflation adjusted
- Median home value
- $84,400Owner-occupied units
- Median gross rent
- $849Rent plus utilities, monthly
- Median age
- 31.4 yrsAll residents
- Homeownership rate
- 43.6%Owner-occupied households
What the numbers mean in Madison city
Housing cost measured against local earnings.
A household earning the Madison city median would spend about 32.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 33.3% of residents and 43.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Florida.
- Quail Ridge CDP 2,983
- Eglin AFB CDP 2,975
- Chattahoochee city 2,965
- Sharpes CDP 2,948
- Verona Walk CDP 2,931
- Cedar Grove CDP 2,911
- Polk City town 2,884
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