2 Home Values in Madison

About Madison

Madison is located in Morris county New jersey with a geographic area of 4.3 square miles. The total population in Madison is 16,647 with 48.1% male and 51.9% female. Children under age 5 represent 5.8% of the population, under age 18 equal 22.2% of the population and over age 65 is 13.5% of the population. The median household income is $157,188, per capita income is $76,067. There are a total of 5,745 housing units with 64.5% owner occupied. Education includes 11.2% of residents that are high school graduates and 74.0% with a bachelor's degree or higher. The average temperature in Madison in the summer is 73 degrees, and in the winter 34 degrees.