Quick Facts

Madison is a city known for its quaint downtown, high-quality schools and concentration of well-educated professionals. The city features the charm of warm southern hospitality in a family-friendly community. Madison is a great place to raise children or start a business with lower cost of living, retirement opportunities, recreational offerings, and people that are proud to say they love to live here.

Geographic Location

Madison Location Map

Latitude / Longitude: 34.6992 N, 86.7483 W
Area: 30.46 square miles
Counties: Madison & Limestone
Date of incorporation: 1869
Value of construction in 2016: $161,990,091
Ranking: 9th Largest city in Alabama, Fastest growing city in Alabama

Climate Averages

Seasons Tiles

Annual Temp: 60° F
January Temp: 39° F
July Temp: 79° F
Annual Rain Fall: 56 inches

Municipal Organization & Services

Type of Government: Mayor / Council
Annual City Operating Budget: Approximately $70 million
City Bond Rating: Aa2 (Moody's) and AA+ with a stable outlook (Standard & Poors)
Municipal Zoning, Subdivision: Yes

Fire Insurance Class: ISO Class 1, Public Protection Classification Rating. Madison Fire & Rescue became only 1 of 2 fire departments in the State of Alabama and is 1 of only 133 nationally to have achieved this prestigious and significant ranking out of the approximately 49,000 fire districts that ISO evaluates. Insurance companies use ISO information combined with other factors to establish local business and residential property insurance rates - generally offering lower premiums in communities with better protection. With the new Class 1 rating, Madison residents and businesses should enjoy the lowest fire insurance rating in the industry.

Demographics (additional demographics link)

Characteristic


DataNational Average
City of Madison (2020 Census) Population56,933

Madison County (2020 Census) Population388,153

Limestone County (2020 Census) Population103,570
50-Mile Radius Population1.1 Million
Growth Rate since 201032.5%

Average Household Income $132,478$105,833
Median Household Income$118,132$  75,149
Per Capita Individual Income$51,788$   41,261
Households with Income Greater than $75,00067%50%
Median Household Expenditures$77,792

Bachelor's Degree or Higher64%34%
Total Housing Units (2017)18,042136M
Residential Median Home Value$327,100$281,900
Residential Home Median Sale Price$393,000$409,000
Median Gross Rent (per Month)$1,043$1,268
Rent vs. Own


Rent 25% / Own  75%Rent 35% / Own 65%


HISTORICAL CENSUS POPULATION 1960 – 2010
196019701980199020002010
1,4353,0864,05714,90429,32942,938
AGE & GENDER (2023 est.)
MaleFemaleMedian AgeUnder 20 Years20 – 64 YearsOver 65 years 
29,30929,92936.516,65435,8646,720

 

EthnicityNumberPercentage
White39,80967.2%
Black or African American9,95116.8%
Hispanic or Latino2,9715.0%
American Indian or Alaska Native1100.2%
Asian4,4347.5%
Native Hawaiian and Other Pacific Islander460.1%
Two or More Races1,7793.0%
Other Races1370.23%

Source: http://auburn.edu/outreach/gedi/knowyourcommunity/demographics.htm

For additional demographics, visit MadisonIDB.com