Madison County, New York: commercial real estate data.
Madison County, New York had an estimated 67,072 residents on July 1, 2024, down 1.4 percent since the 2020 census base of 68,031, across 655 square miles. County output reached $3.09 bn in 2024, 1,328 establishments operate here, and the SBA record carries 38 7(a) approvals worth $20.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Madison County
How many people live in Madison County
- Population, American Community Survey 2020-202467,328
- Households26,252
- Average household size2.56
- Median household income$75,499
- Median age42.4
- Median gross rent$928 per month
- Median owner-occupied home value$184,600
- Home value to household income2.4 times
- Annual rent as a share of median income14.7 percent
- Adults 25 and over with a bachelor degree or higher29.6 percent
- Adults 25 and over with a graduate degree14.0 percent
- Adults 25 and over46,025
- Population under 1812,264
- Share under 1818.2 percent
- Population 65 and over13,683
- Share 65 and over20.3 percent
- Working age population, 18 to 6441,381
- Civilian labor force32,293
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over58.6 percent
- Rank by population among New York counties37th of 62
- Rank by population among US county-equivalents, Puerto Rico included813th of 3,222
Madison County is the 37th largest of 62 New York counties by population. A median home costs 2.4 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 20.3 percent against 18.2 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Madison County
Is Madison County's population growing?
- Population, July 1, 202467,072
- Census 2020 base population68,031
- Population change since the 2020 census base-1.41 percent
- Population change, 2023 to 2024-80
- Births, 2024568
- Deaths, 2024754
- Natural change, 2024-186
- Net domestic migration, 2024-53
- Net international migration, 2024155
- Total net migration, 2024102
- Cumulative net domestic migration, 2021 to 2024-489
- Rank by growth among US county-equivalents2328th of 3,144
The county has lost 1.41 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Madison County
Where are people moving to Madison County from?
- Tax returns filed by households arriving1,660
- People arriving, from those returns2,737
- Tax returns filed by households leaving1,793
- Net household movement-133
- Adjusted gross income arriving$110.3 m
- Net adjusted gross income movement$-12.4 m
- Average income of an arriving household$66,471
- Average income of a leaving household$68,476
- Largest single originOnondaga County (448 households)
- Largest single destinationOnondaga County (408 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Onondaga County | 448 | 708 | $27.4 m |
| Oneida County | 378 | 637 | $19.4 m |
| Chenango County | 78 | 141 | $4.4 m |
| Herkimer County | 37 | 66 | $1.8 m |
| Otsego County | 32 | 59 | $1.2 m |
| Oswego County | 29 | 53 | $1.8 m |
| Cortland County | 28 | 43 | $1.3 m |
Households arriving report $2,005 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Onondaga County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Madison County
What is the Madison County economy?
- County GDP, 2024$3.09 bn
- County GDP, 2023$2.99 bn
- GDP change, 2023 to 20243.3 percent
- GDP change over five years27.3 percent
- Rank by GDP among the New York areas BEA publishes44th of 62
- Rank by GDP among the US county areas BEA publishes956th of 3,127
- GDP per resident$45,915
Output grew 3.3 percent in the latest year and 27.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Madison County
Employment by industry in Madison County
- Covered employment, annual average20,886
- Establishments reporting1,634
- Average annual pay$56,324
- Average weekly wage$1,083
- Retail trade, employment2,676
- Retail trade, average annual pay$43,143
- Manufacturing, employment2,107
- Manufacturing, average annual pay$67,306
- Accommodation and food services, employment1,851
- Accommodation and food services, average annual pay$26,298
- Construction, employment741
- Construction, average annual pay$66,094
- Professional, scientific and technical services, employment629
- Other services, except public administration, employment526
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 2,676 | 179 | $43,143 |
| Manufacturing | 2,107 | 60 | $67,306 |
| Accommodation and food services | 1,851 | 150 | $26,298 |
| Construction | 741 | 161 | $66,094 |
| Professional, scientific and technical services | 629 | 133 | $70,198 |
| Other services, except public administration | 526 | 148 | $35,904 |
| Administrative and support and waste management services | 436 | 83 | $42,877 |
| Arts, entertainment and recreation | 408 | 39 | $23,365 |
Retail trade is the largest private sector at 2,676 jobs, 12.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Madison County
How many businesses are in Madison County?
- Establishments, all industries1,328
- Employment at those establishments17,161
- Annual payroll$811.9 m
- Establishments per 1,000 residents19.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Madison County
Building permits in Madison County
- Housing units authorized by permit, 2024120
- Declared construction value permitted$42.7 m
- Single family units authorized79
- Multifamily units authorized41
- Multifamily share of units34.2 percent
- Average declared value per unit$355,888
- Units authorized per 1,000 households4.6
Single-family homes are 65.8 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Madison County
SBA loans in Madison County (7(a) and 504)
- 7(a) approvals recorded38
- 7(a) gross approval dollars$20.4 m
- Average 7(a) approval$537,226
- Median 7(a) approval$134,300
- 10th percentile approval$22,540
- 90th percentile approval$1,206,890
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)355
- Jobs per approval9.3
- Distinct 7(a) lenders active15
- Distinct industries receiving approvals25
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer10.5 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter32
- Franchise loans1
- Franchise share of approvals2.6 percent
- Leading industry by approval countLandscaping Services (4)
- Most active lenderManufacturers and Traders Trust Company (11)
- 504 approvals recorded12
- 504 gross approval dollars$12.4 m
- Average 504 approval$1,034,167
- Median 504 approval$691,500
- Distinct CDCs active2
- 504 jobs per approval6.8
- 504 jobs per million dollars approved6.6
- Most active CDCEmpire State Certified Development Corporation (8)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$32.8 m
The average approval of $537,226 sits well above the median of $134,300, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 10.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Madison County
SBA loan default and charge-off rates in Madison County
Do SBA loans in Madison County get paid back?
- Loans with a final outcome recorded8
- Paid in full8
- Charged off0
- Status: Exempt from disclosure21
- Status: Paid in full8
- Status: Cancelled8
- Status: Committed, not yet disbursed1
Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
SBA lending by place in Madison County
- Borrower cities with recorded lending8
- Canastota, approvals10
- Cazenovia, approvals8
- Chittenango, approvals6
- Hamilton, approvals5
- Oneida, approvals5
- DeRuyter, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Canastota | 10 | $8,928,900 |
| Cazenovia | 8 | $1,411,000 |
| Chittenango | 6 | $410,600 |
| Hamilton | 5 | $5,596,500 |
| Oneida | 5 | $572,600 |
| DeRuyter | 2 | $600,000 |
| Pittsford | 1 | $2,870,000 |
| Bridgeport | 1 | $25,000 |
Canastota accounts for 10 approvals against 8 in Cazenovia. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
How large is Madison County?
- Land area655 sq mi
- Rank by land area among New York counties31st of 62
- Width, east to west37.6 mi
- Height, north to south31.9 mi
- Geographies sharing a boundary6
- Residents per square mile of land103
- Establishments per square mile2.03
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Madison County
Flood risk in Madison County
- Communities in the county in the NFIP Community Status Book24
- Of those, participating in the NFIP24
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Madison County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The EPA places Madison County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
Feasibility studies
When a Madison County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Madison County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202467,328
- Households26,252
- Average household size2.56
- Median household income$75,499
- Median age42.4
Common questions
Madison County questions, answered from the record.
How many people live in Madison County, New York?
The Census Bureau estimates 67,072 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 67,328, in 26,252 households, ranking 37th of 62 New York counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Madison County's population growing?
The population has fallen 1.41 percent since the 2020 census base of 68,031, to 67,072 on July 1, 2024. In 2024 there were 568 births against 754 deaths, with net migration of 102. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Madison County?
$75,499. The median owner-occupied home is valued at $184,600, which is 2.4 times income, and median gross rent is $928 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Madison County?
1,328 establishments, employing 17,161 people with an annual payroll of $811.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Madison County?
Retail trade is the largest private sector at 2,676 jobs, 12.8 percent of covered employment. Covered employment averages 20,886 jobs at an average annual pay of $56,324, or $1,083 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Madison County?
38 7(a) approvals totaling $20.4 m since FY2020, across 15 lenders, with a median approval of $134,300, plus 12 504 approvals worth $12.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Madison County?
120 housing units were authorized by permit in 2024, with a declared construction value of $42.7 m. Multifamily was 34.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Madison County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Madison County come from?
The largest single origin is Onondaga County, with 448 households. Arriving households report an average income of $66,471 against $68,476 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Madison County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Madison County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Madison County
Cities and places in Madison.
13 Census places lie wholly or partly in Madison County. All 13 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Oneida | city | 10,171 | 5 | Wholly in this county |
| Chittenango | village | 4,831 | 6 | Wholly in this county |
| Canastota | village | 4,487 | 10 | Wholly in this county |
| Hamilton | village | 4,370 | 5 | Wholly in this county |
| Cazenovia | village | 2,753 | 8 | Wholly in this county |
| Morrisville | village | 1,594 | None recorded | Wholly in this county |
| Bridgeport | CDP | 1,391 | 1 | 62.9 percent here, 37.1 percent Onondaga County |
| Earlville | village | 654 | None recorded | 48.8 percent here, 51.2 percent Chenango County |
| Bridgewater | CDP | 543 | None recorded | 2.3 percent here, 97.7 percent Oneida County |
| Wampsville | village | 540 | None recorded | Wholly in this county |
| Madison | village | 403 | None recorded | Wholly in this county |
| Munnsville | village | 369 | None recorded | Wholly in this county |
| DeRuyter | village | 349 | 2 | Wholly in this county |
A further 1 of the county's 38 SBA 7(a) approvals are to borrowers in cities that match no Census place in Madison County, the largest being Pittsford (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby