Madison County, FL
Comprehensive housing, income, and cost of living data for Madison County, Florida. Population: 18.0K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Madison County, FL?
The median home price in Madison County, Florida is $231.1K. The price-to-income ratio is 4.8x, meaning the median home costs 4.8 times the median household income.
What salary do you need to buy a home in Madison County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $57.5K per year to buy the median home in Madison County, FL. Monthly housing costs break down to $1,169 for mortgage, $77.33 for property tax, and $96.29 for insurance.
What is the property tax rate in Madison County?
The effective property tax rate in Madison County is 0.40%, which comes to approximately $928 per year on the median home.
What is the median household income in Madison County?
The median household income in Madison County, Florida is $48.2K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.1%%.
Is Madison County a good place to live?
Madison County, Florida has a population of 18.0K. Housing affordability is moderate with a price-to-income ratio of 4.8x. The climate averages 68 degrees F with 187 sunny days per year. Compare Madison County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.