Madison, FL Real Estate

According to census data in the year 2000 there were 1,424 housing units in Madison. This represents a 6.4% growth from 1,338 in 1990.

Of those housing units, 1,316 were located in either urbanized areas or urban clusters, and 108 were located in what is classified as a rural area.

Homeownership rate in Madison is about 53.1%. Madison's vacancy rate, including seasonal lodging, is about 11.6%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Madison were built after 1970.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom17.10%
Two Bedrooms35.20%
Three Bedrooms34.10%
Four Bedrooms10.60%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1969
Median Value of occupied units$53,300
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1971
Median Monthly Rent asked for vacant units$281

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan4.50%
Simple Mortgage40%
Debt Free50.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs26.3%