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The total population of Madison is estimated to be 2,185 with 1,068 males (48.88%) and 1,117 females (51.12%). There are 49 more females than males in Madison.
The median household income in Madison was $48,814 in 2021, which marked an a decrease of 913(1.84%) from $49,727 in 2020. This income is 65.43% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Madison sees its highest median household income among householders in the age group of under 25 years old, at $86,811. Overall, the median household income for the town of Madison stands at $48,814.
In Madison, the median income for all workers aged 15 years and older, regardless of work hours, was $30,589 for males and $21,508 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,377 for males and $36,694 for females.
In Madison, there are just three different racial groups among households. Among these, White households report a median household income of $53,012, followed by Black or African American households at $48,880, and Two or More Races households with a median household income of $42,175.
In 2022, the population of Madison was 2,146, a 1.23% increase year-by-year from 2021. Previously, in 2021, Madison's population was 2,120, a decline of 0.38% compared to a population of 2,128 in 2020.
The median age in Madison, NC is 50.3, as per 2021 ACS 5-Year Estimates. Of the total population, 11.54% were under the age of 15, 18.23% aged 15 to 29, 48.08% aged 30 to 64, 18.18% aged 65 to 84, and 3.97% were 85 years of age and older.
Racial distribution of Madison population: 68% are White, 21.75% are Black or African American, 0.13% are American Indian and Alaska Native, 0.04% are Native Hawaiian and other Pacific Islander, 6.64% are some other race and 3.43% are multiracial.