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
Compare with nearby places
Places of similar size in Illinois.
- Newton city 2,852
- Savanna city 2,851
- Heyworth village 2,818
- Lena village 2,778
- Bushnell city 2,763
- McLeansboro city 2,750
- Hamilton city 2,738
Keep going
More Illinois coverage.