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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

Madison Quick Facts

Population 403
Median Household Income $54,063
Median Home Value $107,800
Poverty Rate 24.1%
Unemployment Rate 1.8%
Median Age 28.0 years
Homeownership Rate 62.6%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 24.3%
High School Graduation Rate 80.0%
Diversity Index 4/100
Population 403 1112th of 1,289
Median Income $54,063 bottom 20%
Poverty Rate 24.1% 93% higher than national
Median Home Value $107,800 bottom 10%

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
Population392403+2.8%
Median household income$43,750$54,063+23.6%
Median home value$105,800$107,800+1.9%

How Madison Compares

Economy & Housing

Household Income Distribution

Under $25K 25.9%
$25K-$50K 22.3%
$50K-$100K 30.2%
$100K+ 21.6%
Detailed income brackets
Under $10K
6.5%
$10K-$15K
10.8%
$15K-$20K
4.3%
$20K-$25K
4.3%
$25K-$30K
5.8%
$30K-$35K
5.0%
$35K-$40K
0.0%
$40K-$45K
7.9%
$45K-$50K
3.6%
$50K-$60K
5.0%
$60K-$75K
14.4%
$75K-$100K
10.8%
$100K-$125K
8.6%
$125K-$150K
0.7%
$150K-$200K
8.6%
$200K+
3.6%

Employment

1.8% Unemployment Rate State: 6.4%|National: 5.2%
60.4% Labor Force Participation

Housing Overview

Owner 62.6%
Renter 37.4%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $942/mo 20.9% of median household income annually

People & Demographics

Diversity Index

4out of 100
Very Low Diversity

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

State average: 65 | National average: 61

Education

Madison Rankings in New York

#1112 Population of 1,289
#1058 Median Income of 1,219
#908 Education of 1,288
#1121 Home Value of 1,232

Other Cities in Madison County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Felts Mills402$51,667$155,00017.2%11.7%
North Creek414$55,909$189,90012.9%19.4%
Schenevus390$57,500$117,10024.3%11.0%
Woodbourne439N/A$238,90010.8%38.7%
Westport403$64,500$251,40039.0%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.