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Madison, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

During the 2020–2024 ACS period, Madison, Nebraska had a total population of 2,079, the 63rd largest city in Nebraska, with a median household income of $62,738, which is 18% lower than the state average. The poverty rate is 14.9%.

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

Key Takeaways

Madison Quick Facts

Population 2,079
Median Household Income $62,738
Median Home Value $133,200
Poverty Rate 14.9%
Unemployment Rate 3.9%
Median Age 35.9 years
Homeownership Rate 73.3%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 15.7%
High School Graduation Rate 67.8%
Diversity Index 58/100
Population 2,079 63rd of 583
Median Income $62,738 average
Poverty Rate 14.9% 20% higher than national
Median Home Value $133,200 average

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
Population2,0742,079+0.2%
Median household income$56,932$62,738+10.2%
Median home value$116,000$133,200+14.8%

How Madison Compares

Economy & Housing

Household Income Distribution

Under $25K 12.5%
$25K-$50K 21.4%
$50K-$100K 46.2%
$100K+ 19.8%
Detailed income brackets
Under $10K
5.6%
$10K-$15K
0.8%
$15K-$20K
4.5%
$20K-$25K
1.7%
$25K-$30K
2.1%
$30K-$35K
4.7%
$35K-$40K
3.3%
$40K-$45K
5.1%
$45K-$50K
6.2%
$50K-$60K
12.5%
$60K-$75K
15.7%
$75K-$100K
18.0%
$100K-$125K
5.6%
$125K-$150K
3.6%
$150K-$200K
1.7%
$200K+
8.9%

Employment

3.9% Unemployment Rate State: 3.0%|National: 5.2%
65.8% Labor Force Participation

Housing Overview

Owner 73.3%
Renter 26.7%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $971/mo 18.6% of median household income annually

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 41 | National average: 61

Education

Madison Rankings in Nebraska

#63 Population of 583
#291 Median Income of 519
#377 Education of 583
#216 Home Value of 510

Other Cities in Madison County

CityPopulationMedian IncomePovertyHome Value
Norfolk 26,054 $58,884 14.3% $211,700
Battle Creek 1,456 $95,536 6.7% $194,300
Tilden 936 $69,118 13.6% $156,500
Newman Grove 885 $54,861 15.4% $100,000
Meadow Grove 174 $49,063 6.3% $67,500

Cities Similar to Madison

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ord2,100$57,818$119,80026.5%11.1%
Superior1,879$63,810$82,40021.6%5.5%
Syracuse1,990$72,404$205,90028.5%6.7%
Pierce1,956$70,859$179,40024.7%4.9%
Kimball2,225$56,174$112,10016.1%14.9%

Population Overview

Madison is a small community located in Nebraska, within Madison County. The total population is 2,079. It ranks as the 63rd most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Madison is 35.9 years. This is 3% lower than the state median of 37.2 years.

Economy, Income & Housing

The median household income in Madison is $62,738. This is 18% lower than the state median of $76,475. It is also 22% lower than the national median of $80,734. The poverty rate stands at 14.9%. This is 41% higher than the state poverty rate of 10.6%. The unemployment rate is 3.9%. This is 27% higher than the state rate of 3.0%. The median home value is $133,200. Housing costs are 44% lower than the state median of $238,600. With a home-value-to-income ratio of just 2.1x, Madison is one of the most affordable housing markets in the area. 73.3% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Madison is Hispanic or Latino, making up 54.6% of the population. White (non-Hispanic) residents account for 33.6%. The White (non-Hispanic) population (33.6%) is well below the state average of 75.3%. The Black or African American population (0.1%) is well below the state average of 4.6%. The Hispanic or Latino population is significantly higher than the state average (54.6% vs 12.7%). The Asian population is significantly higher than the state average (8.2% vs 2.6%).

Education

15.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 67.8%.

Data Sources & Methodology

All demographic data for Madison, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Nebraska city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Madison, Nebraska?

Madison, Nebraska has a population of 2,079 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Madison, NE?

The median household income in Madison is $62,738, which is 22% lower than the national median of $80,734.

What is the poverty rate in Madison, NE?

The poverty rate in Madison is 14.9%. This means approximately 294 residents live below the federal poverty line.

What is the racial makeup of Madison, Nebraska?

Madison's population is 33.6% White, 0.1% Black, 54.6% Hispanic/Latino, and 8.2% Asian.

What is the median home value in Madison, NE?

The median home value in Madison is $133,200. The home-value-to-income ratio is 2.1x.

How educated is Madison, Nebraska?

15.7% of adults (25+) in Madison hold a bachelor's degree or higher, and 3.1% hold a graduate or professional degree.