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Madison, Missouri Demographics & Population 2026

During the 2020–2024 ACS period, Madison, Missouri had a total population of 446, the 541st largest city in Missouri, with a median household income of $44,583, which is 37% lower than the state average. The poverty rate is 20.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Madison Quick Facts

Population 446
Median Household Income $44,583
Median Home Value $83,800
Poverty Rate 20.6%
Unemployment Rate 1.5%
Median Age 34.3 years
Homeownership Rate 70.0%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 11.1%
High School Graduation Rate 91.8%
Diversity Index 18/100
Population 446 541st of 1,062
Median Income $44,583 bottom 30%
Poverty Rate 20.6% 66% higher than national
Median Home Value $83,800 bottom 30%

How Madison Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population387446+15.2%
Median household income$44,375$44,583+0.5%
Median home value$86,800$83,800-3.5%

How Madison Compares

Economy & Housing

Household Income Distribution

Under $25K 30.0%
$25K-$50K 29.5%
$50K-$100K 27.3%
$100K+ 13.1%
Detailed income brackets
Under $10K
10.4%
$10K-$15K
2.7%
$15K-$20K
10.9%
$20K-$25K
6.0%
$25K-$30K
3.3%
$30K-$35K
7.1%
$35K-$40K
5.5%
$40K-$45K
4.4%
$45K-$50K
9.3%
$50K-$60K
9.3%
$60K-$75K
8.7%
$75K-$100K
9.3%
$100K-$125K
10.4%
$125K-$150K
2.7%
$150K-$200K
0.0%
$200K+
0.0%

Employment

1.5% Unemployment Rate State: 4.0%|National: 5.2%
59.8% Labor Force Participation

Housing Overview

Owner 70.0%
Renter 30.0%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $713/mo 19.2% of median household income annually

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

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

State average: 40 | National average: 61

Education

Madison Rankings in Missouri

#541 Population of 1,062
#717 Median Income of 955
#668 Education of 1,062
#721 Home Value of 941

Other Cities in Monroe County

CityPopulationMedian IncomePovertyHome Value
Paris 1,587 $63,487 8.0% $131,200
Holliday 144 $46,250 30.6% $56,700
Middle Grove 40 $55,357 7.5% $100,000
Stoutsville 20 N/A 15.0% $131,300

Cities Similar to Madison

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Asbury459N/A$117,50021.7%4.8%
Sheldon443$41,848$67,50011.0%37.0%
Wardell445$40,250$54,30012.3%42.9%
Keytesville435$40,682$86,30021.6%12.6%
Rosebud442$50,625$132,8009.4%13.4%

A note before these figures: with a population of 446, Madison's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Madison is a small community located in Missouri, within Monroe County. The total population is 446. It ranks as the 541st most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Madison is 34.3 years. This is 12% lower than the state median of 39.0 years. With 28.2% of the population under 18, Madison has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Madison is $44,583. This is 37% lower than the state median of $70,702. It is also 45% lower than the national median of $80,734. The poverty rate stands at 20.6%. This is 64% 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 1.5%. This is 62% lower than the state rate of 4.0%. The median home value is $83,800. Housing costs are 64% lower than the state median of $230,300. With a home-value-to-income ratio of just 1.9x, Madison is one of the most affordable housing markets in the area. 70.0% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 68.1%.

Race & Ethnicity

Madison has a predominantly White (non-Hispanic) population, comprising 90.4% of all residents. Hispanic or Latino residents account for 7.4%.

Education

11.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.8%.

Data Sources & Methodology

All demographic data for Madison, Missouri 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 Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. 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, Missouri?

Madison, Missouri has a population of 446 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Madison, MO?

The median household income in Madison is $44,583, which is 45% lower than the national median of $80,734.

What is the poverty rate in Madison, MO?

The poverty rate in Madison is 20.6%. This means approximately 92 residents live below the federal poverty line.

What is the racial makeup of Madison, Missouri?

Madison's population is 90.4% White, 0.0% Black, 7.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Madison, MO?

The median home value in Madison is $83,800. The home-value-to-income ratio is 1.9x.

How educated is Madison, Missouri?

11.1% of adults (25+) in Madison hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.