Is Madison, Mississippi a Good Place To Live? - Living In Madison, MS

Is Madison, Mississippi a good place to live?
Madison is a city in Mississippi state in USA with a population of 25650 residents.. The poverty rate of Madison is 4.4%, which is 69% lower than national average. The typical household in Madison earns $119855 a year, compared to the national median of $67,500. Nearly 14.8% 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 2.4%, which is 49% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 69% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Madison is 107, which is 7% higher than national average. Median home value in Madison is $271100 , which is 18% higher than national average. While median income in Madison remained $119855, which is 78% 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
25650
Unemployment
2.4%
49% NAT AVG.
Poverty
4.4%
69% NAT AVG.
Overall Score
7.5
Median Home Cost
$271100
18% NAT AVG.
Median Income
$119855
78% NAT AVG.
Median Rent
$1566
35% NAT AVG.
Cost Of Living
107
7% NAT AVG.
People Living BPL
1 in 23
Unemployed People
1 in 42
People Earning < $10,000
1 in 59
People Earning < $50,000
14.8%
People with <= High School
1 in 10
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs90%

Housing90%

Affordability85%

Safety80%

Amenities80%

Diversity80%

Education95%

Commute80%