North Carolina · Census place 40560
Madison town, NC
Quick answer
Madison town has 2,198 residents, ranking #323 of 777 places in North Carolina. Median household income is $49,964, the median home is worth $144,900 and median gross rent runs $730 a month.
- Population
- 2,198Madison town residents
- Median household income
- $49,964Past 12 months, inflation adjusted
- Median home value
- $144,900Owner-occupied units
- Median gross rent
- $730Rent plus utilities, monthly
- Median age
- 50.2 yrsAll residents
- Homeownership rate
- 61.1%Owner-occupied households
What the numbers mean in Madison town
Housing cost measured against local earnings.
A household earning the Madison town median would spend about 17.5% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 61.1% 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 North Carolina.
- Maggie Valley town 2,311
- Icard CDP 2,291
- Biscoe town 2,259
- Bladenboro town 2,181
- Badin town 2,163
- Governors Village CDP 2,148
- Navassa town 2,148
Keep going
More North Carolina coverage.