Madison is a larger medium-sized city located in the state of Alabama. With a population of 60,854 people and 13 associated neighborhoods, Madison is the tenth largest community in Alabama. There's nothing like the smell of a brand new house, and in Madison, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Madison, and putting down their money on brand new construction. Madison’s real estate is, on average, some of the newest in the nation. Madison does seem to be experiencing an influx of affluent people, because the median household income is $131,436.00.
Madison real estate is some of the most expensive in Alabama, although Madison house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Madison has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Madison telecommute to their jobs. Overall, about 18.84% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Madison is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Madison really has some of the features that families look for when choosing a good community to raise children. Is Madison perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Even though Madison is not a small city, it doesn't have a public transportation system that anybody uses for their daily commute to work.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Madison. 65.90% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Madison in 2022 was $54,644, which is wealthy relative to Alabama and the nation. This equates to an annual income of $218,576 for a family of four.
Madison is an extremely ethnically-diverse city. The people who call Madison home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Madison residents report their race to be White, followed by Black or African-American. Important ancestries of people in Madison include English, German, Irish, Scottish, and European.
The most common language spoken in Madison is English. Other important languages spoken here include Spanish and Korean.