Madison, NY Real Estate
According to census data in the year 2000 there were 149 housing units in Madison.
This represents a 10.4% growth from 135 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 149 were located in what is classified as a rural area.
Homeownership rate in Madison is about 71.2%.
Madison's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Madison were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.40% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 30.20% |
| Four Bedrooms | 22.80% |
| Five Bedrooms or more | 8.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $65,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $433 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 38.70% |
| Debt Free | 54.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
