Madison, PA Real Estate
According to census data in the year 2000 there were 218 housing units in Madison.
This represents a 5.3% growth from 207 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 218 were located in what is classified as a rural area.
Homeownership rate in Madison is about 78.4%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Madison were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.60% |
| Two Bedrooms | 29.40% |
| Three Bedrooms | 58.70% |
| Four Bedrooms | 7.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $97,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 4.80% |
| Simple Mortgage | 44.90% |
| Debt Free | 46.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
