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Madison village, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Madison village, New York has a total population of 392, the 1110th largest city in New York, with a median household income of $43,750, which is 48% lower than the state average. The poverty rate is 21.9%.

Key Takeaways

Madison village Quick Facts

Population 392
Median Household Income $43,750
Median Home Value $105,800
Poverty Rate 21.9%
Unemployment Rate 1.7%
Median Age 28.3 years
Homeownership Rate 62.0%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 24.3%
High School Graduation Rate 91.8%
Diversity Index 5/100
Population 392 1110th of 1,287
Median Income $43,750 bottom 10%
Poverty Rate 21.9% 76% higher national
Median Home Value $105,800 bottom 20%

How Madison village Compares

Economy & Housing

Employment

1.7% Unemployment Rate State: 6.2% | National: 5.2%
62.0% Labor Force Participation

Housing Overview

Owner 62.0%
Renter 38.0%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

5out of 100
Very Low Diversity

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

State average: 65 | National average: 60

Education

Madison village Rankings in New York

#1110 Population of 1,287
#1177 Median Income of 1,287
#893 Education of 1,287
#1097 Home Value of 1,287

Cities Similar to Madison village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Sunset Bay CDP392N/A$215,40017.6%35.2%
Chazy CDP409N/A$169,10018.2%49.1%
Limestone CDP383$38,413$73,20013.9%25.7%
Almond village390$51,667$77,80025.1%18.8%
Rushford CDP396$52,188$62,6007.1%15.3%

Population Overview

Madison village is a small community located in New York. The total population is 392. It ranks as the 1110th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Madison village is 28.3 years. This is 29% lower than the state median of 39.6 years. With 33.7% of the population under 18, Madison village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Madison village is $43,750. This is 48% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 44% lower. The poverty rate stands at 21.9%. This is 60% higher than the state poverty rate of 13.7%. 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 1.7%. This is 73% lower than the state rate of 6.2%. The median home value is $105,800. Housing costs are 74% lower than the state median of $403,000. With a home-value-to-income ratio of just 2.4x, Madison village is one of the most affordable housing markets in the area. 62.0% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 54.3%.

Race & Ethnicity

Madison village has a predominantly White (non-Hispanic) population, comprising 97.2% of all residents. Hispanic or Latino residents account for 1.0%. The White (non-Hispanic) population is significantly higher than the state average (97.2% vs 53.4%). The Black or African American population (0.5%) is well below the state average of 13.6%. The Hispanic or Latino population (1.0%) is well below the state average of 19.6%.

Education

24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 39.6%. Nationally, 35.0% 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 village, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,287 Census-designated places in New York. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Madison village, New York?

Madison village, New York has a population of 392 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Madison village, NY?

The median household income in Madison village is $43,750, which is 44% lower the national median of $78,538.

What is the poverty rate in Madison village, NY?

The poverty rate in Madison village is 21.9%. This means approximately 86 residents live below the federal poverty line.

What is the racial makeup of Madison village, New York?

Madison village's population is 97.2% White, 0.5% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Madison village, NY?

The median home value in Madison village is $105,800. The home-value-to-income ratio is 2.4x.

How educated is Madison village, New York?

24.3% of adults (25+) in Madison village hold a bachelor's degree or higher, and 10.7% hold a graduate or professional degree.