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Madison city, Mississippi Demographics & Population 2026

As of 2026, Madison city, Mississippi has a total population of 27,775, the 10th largest city in Mississippi, with a median household income of $120,918, which is 120% higher than the state average. The poverty rate is 4.4%.

Key Takeaways

Madison city Quick Facts

Population 27,775
Median Household Income $120,918
Median Home Value $334,700
Poverty Rate 4.4%
Unemployment Rate 3.2%
Median Age 40.8 years
Homeownership Rate 93.4%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 65.7%
High School Graduation Rate 96.7%
Diversity Index 36/100
Population 27,775 10th of 419
Median Income $120,918 top 10%
Poverty Rate 4.4% 64% lower national
Median Home Value $334,700 top 10%

How Madison city Compares

Economy & Housing

Employment

3.2% Unemployment Rate State: 6.0% | National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 93.4%
Renter 6.6%
Affordability Index Very Affordable
2.8x home value to income ratio

People & Demographics

Diversity Index

36out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 55 | National average: 60

Education

Madison city Rankings in Mississippi

#10 Population of 419
#4 Median Income of 419
#7 Education of 419
#2 Home Value of 419

Cities Similar to Madison city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brandon city25,352$93,073$255,90041.8%7.9%
Clinton city27,418$70,913$220,40047.5%10.2%
Pearl city27,458$54,643$170,90026.3%12.6%
Oxford city26,086$59,901$333,40056.9%26.5%
Horn Lake city26,622$56,847$158,90017.3%18.7%

Population Overview

Madison city is a mid-sized community located in Mississippi. The total population is 27,775. It ranks as the 10th most populous out of 419 cities and towns in Mississippi.

Age Demographics

The median age in Madison city is 40.8 years. This is 6% higher than the state median of 38.4 years.

Economy, Income & Housing

The median household income in Madison city is $120,918. This is 120% higher than the state median of $54,915. Compared to the national median of $78,538, household income here is 54% higher. The poverty rate stands at 4.4%. This is 77% lower than the state poverty rate of 19.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.2%. This is 47% lower than the state rate of 6.0%. The median home value is $334,700. Housing costs are 107% higher than the state median of $161,400. With a home-value-to-income ratio of just 2.8x, Madison city is one of the most affordable housing markets in the area. 93.4% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 69.5%.

Race & Ethnicity

The largest racial or ethnic group in Madison city is White (non-Hispanic), making up 78.8% of the population. Black or African American residents account for 12.3%. The Black or African American population (12.3%) is well below the state average of 36.9%. The Hispanic or Latino population (1.1%) is well below the state average of 3.6%. The Asian population is significantly higher than the state average (5.9% vs 1.0%).

Education

65.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Madison city in the top 10% of all cities in the state for educational attainment. This is 172% higher than the state rate of 24.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.7%. Notably, 27.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Madison city, Mississippi 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 Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 419 Census-designated places in Mississippi. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Madison city, Mississippi?

Madison city, Mississippi has a population of 27,775 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Madison city, MS?

The median household income in Madison city is $120,918, which is 54% higher the national median of $78,538.

What is the poverty rate in Madison city, MS?

The poverty rate in Madison city is 4.4%. This means approximately 1,227 residents live below the federal poverty line.

What is the racial makeup of Madison city, Mississippi?

Madison city's population is 78.8% White, 12.3% Black, 1.1% Hispanic/Latino, and 5.9% Asian.

What is the median home value in Madison city, MS?

The median home value in Madison city is $334,700. The home-value-to-income ratio is 2.8x.

How educated is Madison city, Mississippi?

65.7% of adults (25+) in Madison city hold a bachelor's degree or higher, and 27.8% hold a graduate or professional degree.