Madison city, Florida Demographics & Population 2026

Population Overview

Madison city is a small community located in Florida. The total population is 2,960. It ranks as the 605th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Madison city is 31.4 years. This is 26% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Madison city is $31,025. This is 57% lower than the state median of $71,711. Compared to the national median of $78,538, household income here is 60% lower. The poverty rate stands at 33.3%. This is 164% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 3.2%. This is 34% lower than the state rate of 4.8%. The median home value is $84,400. Housing costs are 74% lower than the state median of $325,000. With a home-value-to-income ratio of just 2.7x, Madison city is one of the most affordable housing markets in the area. 43.6% of occupied housing units are owner-occupied. This homeownership rate is 35% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Madison city is Black or African American, making up 46.4% of the population. White (non-Hispanic) residents account for 41.6%. The Black or African American population is significantly higher than the state average (46.4% vs 14.8%). The Hispanic or Latino population (3.8%) is well below the state average of 26.8%.

Education

14.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 80.2%.

Data Sources & Methodology

All demographic data for Madison city, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.