Madison, Morris County Demographic Information

Data below last updated in February 2026

POPULATION

DEMOGRAPHICS

Race

Gender

Age

Education

FINANCIAL INFORMATION

Persons In Poverty

3.2%

Income Per Capita

$89,692

Median Household Income

$171,471

HOUSEHOLD INFORMATION

Number of Households

5,614

Average Household Size

2.65

Households With Computers

96.5%

Households With Internet Access

95.6%

HOUSING INFORMATION

Owner-Occupied Homes

63.8%

Median Home Value

$943,200

Median Home Monthly Cost

$1,500

Median Home Monthly Cost With Mortgage

$4,000

Median Rent

$2,253

OTHER STATISTICS

Number of Firms

389

Number of Veterans

379

Persons With A Disability

4.6%