HomeMississippiMadison CountyMadison city
Madison city, Mississippi: commercial real estate data.
Madison city is a Census city of 27,946 people across 25.25 square miles of land, in Madison County. Median household income is $119,338, 94.3 percent of occupied homes are owned, and the SBA record carries 65 7(a) approvals to borrowers here worth $20.4 m.
77 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 area25.25 sq mi
- Water area1.18 sq mi
- Population per square mile of land1,107
- 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
- Population27,946
- Median age41.7
- Population under 187,156
- Share under 1825.6 percent
- Population 65 and over4,528
- Share 65 and over16.2 percent
- Households9,759
- Family households7,548
- Share of households that are families77.3 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$119,338
- Per capita income$59,649
- Civilian labor force13,752
- Employed13,477
- Unemployed275 plus or minus 130
- Unemployment rate2.0 percent plus or minus 0.9
- Adults 25 and over18,553
- Adults 25 and over with a high school diploma or higher96.1 percent
- Adults 25 and over with a bachelor degree or higher64.2 percent
- Adults 25 and over with a graduate degree27.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
Housing in Madison
- Housing units10,214
- Occupied units9,759
- Vacant units455 plus or minus 186
- Vacancy rate4.5 percent plus or minus 1.8
- Owner occupied9,198
- Renter occupied561 plus or minus 150
- Ownership rate94.3 percent
- Median owner-occupied home value$352,900
- Median gross rent, monthly$1,853
- Annual rent as a share of median income18.6 percent
- Single family units9,990
- Share single family97.8 percent
- Units in buildings of two or more128 plus or minus 82
- Share in buildings of two or more1.3 percent plus or minus 0.8
- Mobile homes96 plus or minus 84
- Median year structure built1997
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 commute11,434
- Commuting under 15 minutes2,614
- Share commuting under 15 minutes22.9 percent
- Commuting 30 minutes or more2,896
- Share commuting 30 minutes or more25.3 percent
- Drove alone79.2 percent
- Carpooled6.5 percent plus or minus 1.9
- Public transport0.0 percent
- Walked0.4 percent plus or minus 0.4
- Worked from home13.9 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
SBA loans in Madison (7(a))
- Approvals65
- Gross approval$20,351,100
- Average approval$313,094
- Median approval$180,000
- Ninetieth percentile approval$945,000
- Largest approval$1,600,000
- Jobs supported858
- Jobs per approval13.2
- Loans with a final outcome20
- Paid in full17
- Charged off3
- Charge-off rate over resolved loans15.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more4.6 percent
- Share to franchises30.8 percent
- Distinct lenders20
- Distinct industries by NAICS39
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)
- Approvals3
- Gross approval$3,179,000
- Average approval$1,059,667
- Median approval$719,000
- Largest approval$2,063,000
- Jobs supported47
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
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 County3,489
- Employment at those establishments, Madison County55,061
- Covered employment, Madison County60,205
- Average annual pay, Madison County$55,426
- Average weekly wage, Madison County$1,066
- Housing units permitted, Madison County552
- Of those, single family, Madison County552
- County product, 2024, Madison County$9,942,613,000
- County product change over the prior year, Madison County7.0 percent
- Average income of an arriving household, Madison County$105,149
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, Mississippi?
27,946, in 9,759 households. Madison city covers 25.25 square miles of land, which is 1,107 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?
$119,338. The median owner-occupied home is valued at $352,900. Median gross rent is $1,853 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?
65 7(a) approvals totalling $20.4 m, across 20 lenders, median approval $180,000, plus 3 504 approvals worth $3.2 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 20 loans that have reached a final outcome, 17 were paid in full and 3 charged off, a charge off rate of 15.0 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.
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