Madison, New York Demographics & Population 2026
During the 2020–2024 ACS period, Madison, New York had a total population of 403, the 1112th largest village in New York, with a median household income of $54,063, which is 37% lower than the state average. The poverty rate is 24.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 37% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Near full employment with an unemployment rate of just 1.8%.
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 | 392 | 403 | +2.8% |
| Median household income | $43,750 | $54,063 | +23.6% |
| Median home value | $105,800 | $107,800 | +1.9% |
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: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Madison Rankings in New York
Explore New York Rankings
Other Cities in Madison County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Oneida | 10,171 | $61,597 | 14.3% | $160,100 |
| Chittenango | 4,831 | $70,786 | 14.6% | $182,500 |
| Canastota | 4,487 | $74,015 | 10.8% | $144,800 |
| Hamilton | 4,370 | $66,750 | 13.0% | $264,200 |
| Cazenovia | 2,753 | $92,857 | 5.8% | $295,200 |
| Morrisville | 1,594 | $50,000 | 19.6% | $171,900 |
| Earlville | 654 | $75,469 | 6.0% | $134,400 |
| Wampsville | 540 | $73,000 | 9.1% | $172,400 |
| Munnsville | 369 | $77,750 | 6.3% | $114,400 |
| DeRuyter | 349 | $55,000 | 16.3% | $107,600 |
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 |
|---|---|---|---|---|---|
| Felts Mills | 402 | $51,667 | $155,000 | 17.2% | 11.7% |
| North Creek | 414 | $55,909 | $189,900 | 12.9% | 19.4% |
| Schenevus | 390 | $57,500 | $117,100 | 24.3% | 11.0% |
| Woodbourne | 439 | N/A | $238,900 | 10.8% | 38.7% |
| Westport | 403 | $64,500 | $251,400 | 39.0% | 20.6% |
A note before these figures: with a population of 403, 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 New York, within Madison County. The total population is 403. It ranks as the 1112th most populous out of 1,289 Census-designated places in New York.
Age Demographics
The median age in Madison is 28.0 years. This is 30% lower than the state median of 39.8 years. With 35.0% 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 $54,063. This is 37% lower than the state median of $85,974. It is also 33% lower than the national median of $80,734. The poverty rate stands at 24.1%. This is 72% higher than the state poverty rate of 14.0%. 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 1.8%. This is 72% lower than the state rate of 6.4%. The median home value is $107,800. Housing costs are 75% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.0x, Madison is one of the most affordable housing markets in the area. 62.6% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 54.4%.
Race & Ethnicity
Madison has a predominantly White (non-Hispanic) population, comprising 98.0% of all residents. Black or African American residents account for 0.5%. The White (non-Hispanic) population is significantly higher than the state average (98.0% vs 52.8%). The Black or African American population (0.5%) is well below the state average of 13.4%. The Hispanic or Latino population (0.3%) is well below the state average of 19.8%.
Education
24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 80.0%.
Data Sources & Methodology
All demographic data for Madison, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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, New York?
Madison, New York has a population of 403 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Madison, NY?
The median household income in Madison is $54,063, which is 33% lower than the national median of $80,734.
What is the poverty rate in Madison, NY?
The poverty rate in Madison is 24.1%. This means approximately 97 residents live below the federal poverty line.
What is the racial makeup of Madison, New York?
Madison's population is 98.0% White, 0.5% Black, 0.3% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Madison, NY?
The median home value in Madison is $107,800. The home-value-to-income ratio is 2.0x.
How educated is Madison, New York?
24.3% of adults (25+) in Madison hold a bachelor's degree or higher, and 12.4% hold a graduate or professional degree.