HomeFloridaMadison CountyMadison
Madison, Florida: commercial real estate data.
Madison is a Census city of 2,967 people across 2.64 square miles of land, in Madison County. Median household income is $30,673, 39.4 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $6.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Madison
What Madison is
- Census place typecity
- Land area2.64 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,126
- County holding the largest share of its areaMadison County, 100.0 percent
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
- Population2,967
- Median age31.2
- Population under 18893 plus or minus 219
- Share under 1830.1 percent plus or minus 7.4
- Population 65 and over351 plus or minus 118
- Share 65 and over11.8 percent plus or minus 4.0
- Households1,231
- Family households627
- Share of households that are families50.9 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$30,673 plus or minus $12,939
- Per capita income$21,629 plus or minus $4,430
- Civilian labor force1,255
- Employed1,240
- Unemployed15 plus or minus 25
- Unemployment rate1.2 percent plus or minus 2.0
- Adults 25 and over1,862
- Adults 25 and over with a high school diploma or higher74.9 percent
- Adults 25 and over with a bachelor degree or higher13.6 percent plus or minus 5.6
- Adults 25 and over with a graduate degree6.2 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
Housing in Madison
- Housing units1,408
- Occupied units1,231
- Vacant units177 plus or minus 91
- Vacancy rate12.6 percent plus or minus 6.2
- Owner occupied485 plus or minus 158
- Renter occupied746 plus or minus 165
- Ownership rate39.4 percent plus or minus 11.4
- Median owner-occupied home value$78,500
- Median gross rent, monthly$887 plus or minus $196
- Annual rent as a share of median income34.7 percent plus or minus 16.5
- Single family units791 plus or minus 184
- Share single family56.2 percent
- Units in buildings of two or more574 plus or minus 192
- Share in buildings of two or more40.8 percent plus or minus 12.5
- Mobile homes43 plus or minus 47
- Median year structure built1974
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 commute1,202
- Commuting under 15 minutes260 plus or minus 114
- Share commuting under 15 minutes21.6 percent plus or minus 8.6
- Commuting 30 minutes or more455 plus or minus 194
- Share commuting 30 minutes or more37.9 percent plus or minus 14.6
- Drove alone66.3 percent plus or minus 13.7
- Carpooled21.7 percent plus or minus 9.6
- Public transport0.2 percent plus or minus 0.9
- Walked7.0 percent plus or minus 6.8
- Worked from home1.1 percent plus or minus 1.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
SBA loans in Madison (7(a))
- Approvals6
- Gross approval$6,504,000
- Average approval$1,084,000
- Median approval$400,000
- Largest approval$5,000,000
- Jobs supported35
- Jobs per approval5.8
- Loans with a final outcome2
- Paid in full0
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises16.7 percent
- Distinct lenders6
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Madison, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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)
- Approvals5
- Gross approval$2,289,000
- Average approval$457,800
- Median approval$192,000
- Largest approval$1,527,000
- Jobs supported36
- Loans with a final outcome2
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Madison, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Madison
Flood risk in Madison
- NFIP communityCity of Madison
- NFIP community number120152
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/23/25(M)
The City of Madison participates in the National Flood Insurance Program as community 120152 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Madison County, not Madison
Madison County context, not Madison figures
- Establishments in Madison County328
- Covered employment, Madison County4,811
- Average annual pay, Madison County$44,239
- Housing units permitted, Madison County30
Every figure in this section is published for Madison County as a whole and is not a measurement of Madison.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Madison questions, answered from the record.
How many people live in Madison, Florida?
2,967, in 1,231 households. Madison city covers 2.64 square miles of land, which is 1,126 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 County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Madison?
$30,673. The median owner-occupied home is valued at $78,500. Median gross rent is $887 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?
6 7(a) approvals totaling $6.5 m since FY2020, across 6 lenders, median approval $400,000, plus 5 504 approvals worth $2.3 m since FY2010. 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?
No rate is published for Madison. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Madison in the National Flood Insurance Program?
Yes. Madison appears in the FEMA Community Status Book as Madison, city of, community 120152, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Madison figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.