Madison, GA Real Estate
According to census data in the year 2000 there were 1,499 housing units in Madison.
This represents a 11.2% growth from 1,348 in 1990.
Of those housing units, 1,296 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Madison is about 67.5%.
Madison's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Madison were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.70% |
| Two Bedrooms | 33% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $124,100 |
| Median Price asked for vacant units | $155,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $429 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 3.90% |
| Simple Mortgage | 58.10% |
| Debt Free | 32.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
