Median Income
$44,028
household / year
Median Home Value
$95,300
owner-occupied
Median Rent
$1,271
gross / month
Cost of Living
95
national avg = 100

Is Madison, NY a Good Place to Live?

Madison is a small town of 382 in New York, with a median household income of $44,028 and a 1.9% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.

Strengths: Madison stands out for an affordable cost of living, below-average home prices, solid school ratings (A-).

Trade-offs: No major red flags stand out in the available data. 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: 95.2

Madison's overall cost of living index is 95.2, where 100 represents the US national average. Living in Madison costs roughly 5% less than the average American city.

Metric Madison, NY National Avg
Median Home Value $95,300 $244,900
Median Monthly Rent $1,271 $1,163
Homeownership Rate 63.1% 65.9%
Median Household Income $44,028 $74,755

Crime & Safety

Very Safe

Madison's violent crime rate is 70.5 per 100,000 residents — 81% lower than the national average of ~380 per 100,000.

Violent Crime
70.5 /100k
Property Crime
644.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Madison is served primarily by MADISON CENTRAL SCHOOL DISTRICT. The student-to-teacher ratio is 10.7:1 (better than the national average of ~16:1).

Metric Madison, NY National Avg
School District MADISON CENTRAL SCHOOL DISTRICT —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio 10.7:1 16:1
Bachelor's Degree or Higher 24.9% 35.4%
High School Diploma or Higher 92.4% 91.1%

Weather & Climate

Madison sees average highs of 27.6°F in January and 77.2°F in July, with 45.1 inches of annual precipitation and 77.1 inches of snow per year.

MetricMadison, NY
Average High — January27.6°F
Average High — July77.2°F
Annual Precipitation45.1"
Annual Snowfall77.1"

Demographics

MetricMadison, NYNational Avg
Population382—
Median Age25.938.9
Unemployment Rate1.9%3.7%
Avg Commute Time26.1 min26 min
White (non-Hispanic)99.5%59.3%
Black or African American0.3%13.6%
Hispanic or Latino0.3%18.9%
Asian0.0%6.3%
Under 1836.4%22.2%
65 and over15.7%16.8%

Nearby Cities

ZIP Codes in Madison

Madison, NY is covered by 1 ZIP code:

Madison vs Other Cities

Frequently Asked Questions

Madison's cost of living index is 95, where 100 is the national average. That makes Madison roughly 5% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $95,300 and median rent is $1,271/month.
Madison's violent crime rate is 70.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 644.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Madison are operated by MADISON CENTRAL SCHOOL DISTRICT. The district has several elementary, several middle, and several high schools. The student-to-teacher ratio is 10.7:1. 24.9% of adults 25+ hold a bachelor's degree or higher.
Madison, NY has a population of 382, a median household income of $44,028, and an unemployment rate of 1.9%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Madison averages 27.6°F in January and 77.2°F in July. Annual rainfall is 45.1 inches with about 77.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Madison, NY is covered by 1 ZIP code: 13402.
The population of Madison, New York is 382 with a median age of 25.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Madison: cost of living index 95 (100 = US average), median home $95,300, median household income $44,028, crime index 23 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Madison side by side with your current city to see the trade-offs.