Madison, MS Real Estate
According to census data in the year 2000 there were 5,349 housing units in Madison.
This represents a 98.1% growth from 2,700 in 1990.
Of those housing units, 5,027 were located in either urbanized areas or urban clusters, and 322 were located in what is classified as a rural area.
Homeownership rate in Madison is about 93.9%.
Madison's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Madison were built after 1990.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.8|
|Median year structure was built||1991|
|Median Value of occupied units||$133,900|
|Median Price asked for vacant units||$142,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.57|
|Median year structure was built||1984|
|Median Monthly Rent asked for vacant units||$1,284|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||10.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18%|