Madison, Alabama
Moving to or Living in Madison Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Madison, Alabama
Moving to Madison In Alabama ? Find out the best and worst about to live, raise a family or retire in Madison, the Pros and Cons of Living in Madison.
Explore the life in Madison based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Madison, Alabama
Is Madison, Alabama a good place to live?
Madison is a city in Alabama state in USA with a population of 50717 residents..
The poverty rate of Madison is 5.6%, which is 60% lower than national average.
The typical household in Madison earns $94214 a year, compared to the national median of $67,500.
Nearly 26% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Madison, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 3%, which is 36% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 62% of adults have a bachelor's degree and 24% have some college but no degree.
Cost of living in Madison is 106, which is 6% higher than national average. Median home value in Madison is $263800 , which is 15% higher than national average. While median income in Madison remained $94214, which is 40% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Madison, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 3%, which is 36% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 62% of adults have a bachelor's degree and 24% have some college but no degree.
Cost of living in Madison is 106, which is 6% higher than national average. Median home value in Madison is $263800 , which is 15% higher than national average. While median income in Madison remained $94214, which is 40% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
50717
Unemployment
3%
Poverty
5.6%
Overall Score
7.5
Median Home
$263800
15%
NAT AVG.
Median Income
$94214
40%
NAT AVG.
Median Rent
$986
15%
NAT AVG.
Cost Of Living
106
6%
NAT AVG.
People Living BPL
1 in 18
Unemployed People
1 in 33
People Earning < $10,000
1 in 33
People Earning < $50,000
26%
People with <= High School
1 in 7.1
People With Any Degree
1 in 1.5
Pros & Cons Overview
Jobs85%
Housing80%
Affordability85%
Safety85%
Amenities85%
Diversity85%
Education95%
Commute85%
Cost of Living
Expense | Madison | Alabama | National Avg. |
---|---|---|---|
Services | 104 | 98 | 100 |
Groceries | 95 | 98 | 100 |
Health | 100 | 92 | 100 |
Housing | 117 | 73 | 100 |
Transportation | 95 | 91 | 100 |
Utilities | 95 | 103 | 100 |
Cost of Living
Gender
Gender | Madison | Alabama | Country |
---|---|---|---|
Female | 50.9% | 51.7% | 50.8% |
Male | 49.1% | 48.3% | 49.2% |
Gender
Household Income
Income | Madison | Alabama | Country |
---|---|---|---|
Less than $10,000 | 3% | 8.1% | 5.8% |
$10,000 to $14,999 | 1.7% | 5.6% | 4.1% |
$15,000 to $24,999 | 4.1% | 10.9% | 8.5% |
$25,000 to $34,999 | 3.7% | 10.5% | 8.6% |
$35,000 to $49,999 | 13.5% | 13.2% | 12.0% |
$50,000 to $74,999 | 13.2% | 17.5% | 17.2% |
$75,000 to $99,999 | 12.4% | 11.8% | 12.8% |
$100,000 to $149,999 | 21.2% | 13.1% | 15.6% |
$150,000 to $199,999 | 15.3% | 4.9% | 7.1% |
$200,000 or more | 11.9% | 4.4% | 8.3% |
Education
Education | Madison | Alabama | Country |
---|---|---|---|
< 9th Grade | 0% | 4% | 5.0% |
9-12th Grade | 2% | 9% | 7.0% |
High School or GED | 12% | 30% | 27.0% |
Other College | 18% | 22% | 20.0% |
Associate's Degree | 6% | 9% | 9% |
Bachelor's Degree | 35% | 16% | 20.0% |
Master's Degree | 20% | 7% | 9.0% |
Professional Degree | 3% | 2% | 2.0% |
Doctorate Degree | 4% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Madison | Alabama | Country |
---|---|---|---|
White | 71.6% | 65.2% | 60.1% |
African American | 13.7% | 26.4% | 12.2% |
American Indian | 0.3% | 0.4% | 0.6% |
Asian | 5.6% | 1.4% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0.5% | 0.2% | 0.3% |
Multiracial | 2.5% | 1.9% | 2.8% |
Hispanic | 5.7% | 4.4% | 18.2% |