Is Madison, FL a Good Place to Live?
Madison is a small town of 2,930 in Florida, with a median household income of $29,831 and a 7.0% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.
Strengths: Madison stands out for an affordable cost of living, below-average home prices.
Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Madison is right for you depends on your priorities — the full breakdown is below.
All Madison city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 92.5Madison's overall cost of living index is 92.5, where 100 represents the US national average. Living in Madison costs roughly 8% less than the average American city.
| Metric | Madison, FL | National Avg |
|---|---|---|
| Median Home Value | $74,100 | $244,900 |
| Median Monthly Rent | $824 | $1,163 |
| Homeownership Rate | 47.9% | 65.9% |
| Median Household Income | $29,831 | $74,755 |
Crime & Safety
Crime data for Madison is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
Madison is served primarily by MADISON. The student-to-teacher ratio is 17.3:1 (slightly above the national average of ~16:1).
| Metric | Madison, FL | National Avg |
|---|---|---|
| School District | MADISON | — |
| Elementary Schools | 5 | — |
| Middle Schools | N/A | — |
| High Schools | 2 | — |
| Student/Teacher Ratio | 17.3:1 | 16:1 |
| Bachelor's Degree or Higher | 14.8% | 35.4% |
| High School Diploma or Higher | 78.7% | 91.1% |
Weather & Climate
Madison sees average highs of 63.0°F in January and 90.9°F in July, with 52.8 inches of annual precipitation .
| Metric | Madison, FL |
|---|---|
| Average High — January | 63.0°F |
| Average High — July | 90.9°F |
| Annual Precipitation | 52.8" |
| Annual Snowfall | Trace / None |
Demographics
| Metric | Madison, FL | National Avg |
|---|---|---|
| Population | 2,930 | — |
| Median Age | 33.4 | 38.9 |
| Unemployment Rate | 7.0% | 3.7% |
| Avg Commute Time | 31.0 min | 26 min |
| White (non-Hispanic) | 41.2% | 59.3% |
| Black or African American | 52.2% | 13.6% |
| Hispanic or Latino | 6.6% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 23.8% | 22.2% |
| 65 and over | 16.5% | 16.8% |
Nearby Cities
ZIP Codes in Madison
Madison, FL is covered by 1 ZIP code: