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ZipNumbers

Illinois · Census place 45993

Madison city, IL

Quick answer

Madison city has 2,788 residents, ranking #440 of 1462 places in Illinois. Median household income is $44,181, the median home is worth $51,200 and median gross rent runs $1,010 a month.

Population
2,788Madison city residents
Median household income
$44,181Past 12 months, inflation adjusted
Median home value
$51,200Owner-occupied units
Median gross rent
$1,010Rent plus utilities, monthly
Median age
46.7 yrsAll residents
Homeownership rate
44.9%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 27.4% 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 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 30.8% of residents and 44.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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