HomeAlabamaMadison CountyMadison city
Madison city, Alabama: commercial real estate data.
Madison city is a Census city of 60,106 people across 30.58 square miles of land, lying across Madison County and Limestone County. Median household income is $134,655, 74.0 percent of occupied homes are owned, and the SBA record carries 81 7(a) approvals to borrowers here worth $47.3 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Madison
What Madison is
- Census place typecity
- Land area30.58 sq mi
- Water area0.13 sq mi
- Population per square mile of land1,966
- County holding the largest share of its areaMadison County, 76.3 percent
- Counties this place lies inMadison County 76.3 percent, Limestone County 23.7 percent
Madison city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
How many people live in Madison
- Population60,106
- Median age37.3
- Population under 1816,793
- Share under 1827.9 percent
- Population 65 and over7,628
- Share 65 and over12.7 percent
- Households22,496
- Family households15,955
- Share of households that are families70.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
Income and work in Madison
- Median household income$134,655
- Per capita income$56,185
- Civilian labor force31,452
- Employed30,766
- Unemployed686 plus or minus 207
- Unemployment rate2.2 percent plus or minus 0.7
- Adults 25 and over39,447
- Adults 25 and over with a high school diploma or higher97.9 percent
- Adults 25 and over with a bachelor degree or higher64.5 percent
- Adults 25 and over with a graduate degree29.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
Housing in Madison
- Housing units23,278
- Occupied units22,496
- Vacant units782 plus or minus 242
- Vacancy rate3.4 percent plus or minus 1.0
- Owner occupied16,642
- Renter occupied5,854
- Ownership rate74.0 percent
- Median owner-occupied home value$398,800
- Median gross rent, monthly$1,453
- Annual rent as a share of median income12.9 percent
- Single family units18,431
- Share single family79.2 percent
- Units in buildings of two or more4,617
- Share in buildings of two or more19.8 percent
- Mobile homes39 plus or minus 41
- Median year structure built2001
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
How Madison gets to work
- Workers 16 and over who commute24,529
- Commuting under 15 minutes6,255
- Share commuting under 15 minutes25.5 percent
- Commuting 30 minutes or more5,622
- Share commuting 30 minutes or more22.9 percent
- Drove alone73.9 percent
- Carpooled5.0 percent plus or minus 1.5
- Public transport0.0 percent
- Walked1.0 percent plus or minus 0.7
- Worked from home19.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
SBA loans in Madison (7(a))
- Approvals81
- Gross approval$47,285,800
- Average approval$583,775
- Median approval$247,900
- Ninetieth percentile approval$1,640,000
- Largest approval$5,000,000
- Jobs supported1,046
- Jobs per approval12.9
- Loans with a final outcome12
- Paid in full11
- Charged off1
- Charge-off rate over resolved loans8.3 percent
- Median term120 months
- Share on real estate terms of 20 years or more7.4 percent
- Share to franchises33.3 percent
- Distinct lenders40
- Distinct industries by NAICS55
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison
SBA loans in Madison (504)
- Approvals35
- Gross approval$35,060,000
- Average approval$1,001,714
- Median approval$827,000
- Largest approval$2,665,000
- Jobs supported519
- Loans with a final outcome7
- Charged off1
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Madison County, not Madison
Madison County context, not Madison figures
These are Madison County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Madison measurements.
- Establishments in Madison County9,295
- Employment at those establishments, Madison County191,024
- Covered employment, Madison County229,807
- Average annual pay, Madison County$77,051
- Average weekly wage, Madison County$1,482
- Housing units permitted, Madison County4,710
- Of those, single family, Madison County3,478
- County product, 2024, Madison County$38,958,201,000
- County product change over the prior year, Madison County6.3 percent
- Average income of an arriving household, Madison County$72,367
Every figure in this section is published for Madison County as a whole and is not a measurement of Madison. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Madison questions, answered from the record.
How many people live in Madison, Alabama?
60,106, in 22,496 households. Madison city covers 30.58 square miles of land, which is 1,966 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Madison in?
Madison lies in more than one. By area it is 76.3 percent in Madison County, 23.7 percent in Limestone County. This page sits under Madison County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Madison?
$134,655. The median owner-occupied home is valued at $398,800. Median gross rent is $1,453 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Madison businesses?
81 7(a) approvals totalling $47.3 m, across 40 lenders, median approval $247,900, plus 35 504 approvals worth $35.1 m. These count approvals to borrowers whose address is in Madison, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Madison borrowers get paid back?
Of the 12 loans that have reached a final outcome, 11 were paid in full and 1 charged off, a charge off rate of 8.3 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Madison figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Madison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Madison.
Is zoning published for Madison?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.