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The total population of Madison town is estimated to be 2,767 with 1,409 males (50.92%) and 1,358 females (49.08%). There are 51 less females than males in Madison town.
The median household income in Madison town was $68,715 in 2021, which marked an an increase of 117(0.17%) from $68,598 in 2020. This income is 92.10% 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 town sees its highest median household income among householders in the age group of 25 to 44 years old, at $147,634. Overall, the median household income for the town of Madison town stands at $68,715.
In Madison town, the median income for all workers aged 15 years and older, regardless of work hours, was $41,652 for males and $31,630 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,229 for males and $57,199 for females.
In Madison town, population is primarily represented by White households, reporting a median income of $65,755.
In 2022, the population of Madison town was 2,740, a 0.47% decrease year-by-year from 2021. Previously, in 2021, Madison town's population was 2,753, a decline of 0.18% compared to a population of 2,758 in 2020.
The median age in Madison Town, New York is 52.7, as per 2021 ACS 5-Year Estimates. Of the total population, 15.06% were under the age of 15, 13.96% aged 15 to 29, 42.90% aged 30 to 64, 26.38% aged 65 to 84, and 1.71% were 85 years of age and older.
Racial distribution of Madison town population: 95.73% are White, 0.75% are Black or African American, 1.39% are Asian, 0.07% are some other race and 2.06% are multiracial.