Madison, Maine Demographics & Population 2026
During the 2020–2024 ACS period, Madison, Maine had a total population of 2,676, the 55th largest community in Maine, with a median household income of $61,698, which is 17% lower than the state average. The poverty rate is 13.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 0.9%.
Madison Quick Facts
How Madison Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,552 | 2,676 | +4.9% |
| Median household income | $43,095 | $61,698 | +43.2% |
| Median home value | $70,800 | $163,900 | +131.5% |
How Madison Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 19 | National average: 61
Education
Educational Attainment (Adults 25+)
Madison Rankings in Maine
Explore Maine Rankings
Other Cities in Somerset County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Skowhegan | 6,662 | $45,388 | 14.8% | $156,400 |
| Pittsfield | 3,084 | $61,458 | 18.1% | $162,100 |
| Fairfield | 2,356 | $52,409 | 16.8% | $139,600 |
| Norridgewock | 1,378 | $66,761 | 10.4% | $147,600 |
| Anson | 680 | $87,770 | 8.7% | $100,400 |
| Bingham | 564 | $34,688 | 16.4% | $104,500 |
| Hartland | 561 | $52,857 | 28.2% | $78,600 |
| North Anson | 445 | $60,298 | 6.1% | $143,200 |
Cities Similar to Madison
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dover-Foxcroft | 2,745 | $56,250 | $158,800 | 28.6% | 18.5% |
| Hallowell | 2,592 | $68,398 | $295,300 | 52.5% | 7.8% |
| Pittsfield | 3,084 | $61,458 | $162,100 | 26.5% | 18.1% |
| Bucksport | 3,105 | $62,011 | $214,300 | 29.1% | 6.7% |
| Winthrop | 3,108 | $61,058 | $244,900 | 40.8% | 21.3% |
Population Overview
Madison is a small community located in Maine, within Somerset County. The total population is 2,676. It ranks as the 55th most populous out of 155 Census-designated places in Maine.
Age Demographics
The median age in Madison is 44.9 years. This is about the same as the state median of 44.8 years. Only 11.6% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Madison is $61,698. This is 17% lower than the state median of $74,733. It is also 24% lower than the national median of $80,734. The poverty rate stands at 13.0%. This is 21% higher than the state poverty rate of 10.8%. The unemployment rate is 0.9%. This is 75% lower than the state rate of 3.8%. The median home value is $163,900. Housing costs are 45% lower than the state median of $296,600. With a home-value-to-income ratio of just 2.7x, Madison is one of the most affordable housing markets in the area. 38.9% of occupied housing units are owner-occupied. This homeownership rate is 48% lower than the state average of 74.3%.
Race & Ethnicity
Madison has a predominantly White (non-Hispanic) population, comprising 90.0% of all residents. Hispanic or Latino residents account for 2.9%. The Asian population (0.2%) is well below the state average of 1.1%.
Education
18.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% lower than the state rate of 36.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.4%.
Data Sources & Methodology
All demographic data for Madison, Maine is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Maine state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 155 Census-designated places in Maine. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Madison, Maine?
Madison, Maine has a population of 2,676 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Madison, ME?
The median household income in Madison is $61,698, which is 24% lower than the national median of $80,734.
What is the poverty rate in Madison, ME?
The poverty rate in Madison is 13.0%. This means approximately 340 residents live below the federal poverty line.
What is the racial makeup of Madison, Maine?
Madison's population is 90.0% White, 0.0% Black, 2.9% Hispanic/Latino, and 0.2% Asian.
What is the median home value in Madison, ME?
The median home value in Madison is $163,900. The home-value-to-income ratio is 2.7x.
How educated is Madison, Maine?
18.6% of adults (25+) in Madison hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.