Madison, NE Real Estate
According to census data in the year 2000 there were 808 housing units in Madison.
This represents a 1% growth from 800 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 808 were located in what is classified as a rural area.
Homeownership rate in Madison is about 76.2%.
Madison's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Madison were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 10.50% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 35.40% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 6.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $53,700 |
| Median Price asked for vacant units | $43,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.90% |
| Home Equity Loan | 1.60% |
| Simple Mortgage | 47.80% |
| Debt Free | 46.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
