Madison, Mississippi Demographics & Population 2026
During the 2020–2024 ACS period, Madison, Mississippi had a total population of 27,946, the 10th largest city in Mississippi, with a median household income of $119,338, which is 111% higher than the state average. The poverty rate is 4.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 111% above the state average — one of the wealthiest communities in Mississippi.
- An exceptionally low poverty rate of 4.8% — among the lowest in Mississippi.
- 64.2% of adults hold a bachelor's degree or higher — top 10% in Mississippi.
- Near full employment with an unemployment rate of just 2.0%.
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 | 27,775 | 27,946 | +0.6% |
| Median household income | $120,918 | $119,338 | -1.3% |
| Median home value | $334,700 | $352,900 | +5.4% |
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: 56 | National average: 61
Education
Educational Attainment (Adults 25+)
Madison Rankings in Mississippi
Explore Mississippi Rankings
Other Cities in Madison County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Ridgeland | 24,587 | $66,038 | 9.9% | $275,200 |
| Canton | 10,811 | $38,337 | 33.3% | $112,000 |
| Gluckstadt | 3,236 | $124,348 | 5.3% | $316,600 |
| Flora | 2,331 | $36,513 | 27.9% | $204,800 |
| Kearney Park | 485 | N/A | 12.4% | N/A |
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 |
|---|---|---|---|---|---|
| Brandon | 25,542 | $92,783 | $278,900 | 41.3% | 8.5% |
| Clinton | 27,195 | $74,745 | $225,800 | 47.8% | 9.6% |
| Pearl | 27,737 | $61,695 | $182,500 | 28.1% | 12.2% |
| Oxford | 26,411 | $64,451 | $385,700 | 57.5% | 25.4% |
| Ridgeland | 24,587 | $66,038 | $275,200 | 51.6% | 9.9% |
Population Overview
Madison is a mid-sized community located in Mississippi, within Madison County. The total population is 27,946. It ranks as the 10th most populous out of 420 Census-designated places in Mississippi.
Age Demographics
The median age in Madison is 41.7 years. This is 8% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Madison is $119,338. This is 111% higher than the state median of $56,447. It is also 48% higher than the national median of $80,734. The poverty rate stands at 4.8%. This is 74% lower than the state poverty rate of 18.9%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.0%. This is 65% lower than the state rate of 5.8%. The median home value is $352,900. Housing costs are 108% higher than the state median of $169,800. The home-value-to-income ratio is 3.0x. 94.3% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 70.0%.
Race & Ethnicity
The largest racial or ethnic group in Madison is White (non-Hispanic), making up 77.3% of the population. Black or African American residents account for 12.7%. The Black or African American population (12.7%) is well below the state average of 36.3%. The Asian population is significantly higher than the state average (5.9% vs 1.0%).
Education
64.2% of residents aged 25 and older hold a bachelor's degree or higher. This places Madison in the top 10% of all cities in the state for educational attainment. This is 156% higher than the state rate of 25.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%. Notably, 27.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Madison, Mississippi 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 Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Mississippi. 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, Mississippi?
Madison, Mississippi has a population of 27,946 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Madison, MS?
The median household income in Madison is $119,338, which is 48% higher than the national median of $80,734.
What is the poverty rate in Madison, MS?
The poverty rate in Madison is 4.8%. This means approximately 1,336 residents live below the federal poverty line.
What is the racial makeup of Madison, Mississippi?
Madison's population is 77.3% White, 12.7% Black, 2.3% Hispanic/Latino, and 5.9% Asian.
What is the median home value in Madison, MS?
The median home value in Madison is $352,900. The home-value-to-income ratio is 3.0x.
How educated is Madison, Mississippi?
64.2% of adults (25+) in Madison hold a bachelor's degree or higher, and 27.3% hold a graduate or professional degree.