Madison, KS Real Estate
According to census data in the year 2000 there were 416 housing units in Madison.
This represents a 3.2% growth from 403 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 416 were located in what is classified as a rural area.
Homeownership rate in Madison is about 73.9%.
Madison's vacancy rate, including seasonal lodging, is about 13.5%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Madison were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 7% |
| Two Bedrooms | 49.30% |
| Three Bedrooms | 28.80% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $32,100 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.35 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 3.80% |
| Simple Mortgage | 31.60% |
| Debt Free | 59.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
