Pros and Cons of Living In Madison, Alabama. Is Madison, AL a Nice Place To Live or Retire?

Madison, Alabama

Moving to Madison In Alabama ? Is Madison, AL a Nice Place To Live? Pros and Cons of Living in Madison, Alabama. Find out the best and worst about to live, raise a family or retire in Madison.

Madison is a city located primarily in Madison County, near the northern border of the U.S. state of Alabama. Madison extends west into neighboring Limestone County. The city is included in the Huntsville Metropolitan Area, the second-largest in the state, and is also included in the merged Huntsville-Decatur Combined Statistical Area. The population was 56,933 at the 2020 census. Madison is bordered by Huntsville on nearly all sides with some small unincorporated lands within Madison in Madison and Limestone counties.

Madison was mostly a small city for many years, with its population being around 400-500 for much of its history until the Redstone Arsenal was established to the southeast, which attracted many people to the area for jobs....

DEMOGRAPHICS

Population
50717
Unemployment
3%
36% NAT AVG.
Poverty
5.6%
60% NAT AVG.
Cost Of Living
106
6% NAT AVG.

ECONOMICS

Median Home Cost
$263800
15% NAT AVG.
Median Income
$94214
40% NAT AVG.
Median Rent
$986
15% NAT AVG.
Overall Score
7.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 18
Unemployed People
1 in 33
People Earning < $10,000
1 in 33
People Earning < $50,000
26%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Madison USA
White 71.6% 60.1%
African American 13.7% 12.2%
American Indian 0.3% 0.6%
Asian 5.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.5% 2.8%
Hispanic 5.7% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Madison USA
Less than $10,000 3% 5.8%
$10,000 to $14,999 1.7% 4.1%
$15,000 to $24,999 4.1% 8.5%
$25,000 to $34,999 3.7% 8.6%
$35,000 to $49,999 13.5% 12.0%
$50,000 to $74,999 13.2% 17.2%
$75,000 to $99,999 12.4% 12.8%
$100,000 to $149,999 21.2% 15.6%
$150,000 to $199,999 15.3% 7.1%

EDUCATION

Education Madison USA
< 9th Grade 0% 5.0%
9-12th Grade 2% 7.0%
High School or GED 12% 27.0%
Other College 18% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 35% 20.0%
Master's Degree 20% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 4% 1.0%
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. The unemployment rate of Madison remained 3%, which is 36% lower than national rate.

Cost of living in Madison is 106, which is 6% higher than national average. In Madison, only 62% of adults have a bachelor's degree and 24% have some college but no degree. 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.
Madison Scorecard

Jobs85%

Housing80%

Affordability85%

Safety85%

Amenities85%

Diversity85%

Education95%

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