Madison County, GA

Comprehensive housing, income, and cost of living data for Madison County, Georgia. Population: 30.4K.

Median Home Price
$322.1K

Based on 4 cities

Median Household Income
$58.8K

Annual household income

Price-to-Income Ratio
5.5x

Less affordable

Salary Needed to Buy
$81.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,608

Average annual amount

Effective Tax Rate
0.50%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,629
Property Tax$134
Insurance$134
Total Monthly$1,897
Historical Home Prices
2015
$134.1K
2016
$142.2K
+6.0%%
2017
$154.0K
+8.3%%
2018
$168.6K
+9.5%%
2019
$182.3K
+8.1%%
2020
$212.8K
+16.7%%
2021
$253.2K
+19.0%%
2022
$271.3K
+7.2%%
2023
$285.6K
+5.3%%
2024
$303.1K
+6.1%%
2025
$316.4K
+4.4%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
4.0%%

Near national average

Population Density
108

People per square mile

Homicide Rate
20.0

High (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
78.5%
Black
9.2%
Hispanic
6.9%
Asian
1.9%
Two or More Races
2.8%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
61°F

Annual average

Sunny Days
236

Days per year

Annual Rainfall
49.7"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 29/100

January Low
10°F

Average winter low

July High
84°F

Average summer high

Frequently Asked Questions

What is the median home price in Madison County, GA?

The median home price in Madison County, Georgia is $322.1K. The price-to-income ratio is 5.5x, meaning the median home costs 5.5 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 $81.3K per year to buy the median home in Madison County, GA. Monthly housing costs break down to $1,629 for mortgage, $134 for property tax, and $134 for insurance.

What is the property tax rate in Madison County?

The effective property tax rate in Madison County is 0.50%, which comes to approximately $1,608 per year on the median home.

What is the median household income in Madison County?

The median household income in Madison County, Georgia is $58.8K per year, based on Census Bureau American Community Survey data. The unemployment rate is 4.0%%.

Is Madison County a good place to live?

Madison County, Georgia has a population of 30.4K. Housing affordability is moderate with a price-to-income ratio of 5.5x. The climate averages 61 degrees F with 236 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.