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Madison, PA Real Estate


According to census data in the year 2000 there were 218 housing units in Madison. This represents a 5.3% growth from 207 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 218 were located in what is classified as a rural area.

Homeownership rate in Madison is about 78.4%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Madison were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.60%
Two Bedrooms29.40%
Three Bedrooms58.70%
Four Bedrooms7.30%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1961
Median Value of occupied units$97,200

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan4.80%
Simple Mortgage44.90%
Debt Free46.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%