HomeNorth CarolinaRockingham CountyMadison
Madison, North Carolina: commercial real estate data.
Madison is a Census town of 2,242 people across 3.54 square miles of land, in Rockingham County. Median household income is $52,593, 57.7 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $2.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Madison
What Madison is
- Census place typetown
- Land area3.54 sq mi
- Water area0.02 sq mi
- Population per square mile of land633
- County holding the largest share of its areaRockingham 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
- Population2,242
- Median age47.5
- Population under 18312 plus or minus 102
- Share under 1813.9 percent plus or minus 4.1
- Population 65 and over497 plus or minus 122
- Share 65 and over22.2 percent
- Households1,060
- Family households614 plus or minus 130
- Share of households that are families57.9 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$52,593
- Per capita income$31,282
- Civilian labor force1,225
- Employed1,099
- Unemployed126 plus or minus 102
- Unemployment rate10.3 percent plus or minus 8.1
- Adults 25 and over1,661
- Adults 25 and over with a high school diploma or higher87.4 percent
- Adults 25 and over with a bachelor degree or higher15.1 percent plus or minus 4.5
- Adults 25 and over with a graduate degree9.0 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
Housing in Madison
- Housing units1,161
- Occupied units1,060
- Vacant units101 plus or minus 59
- Vacancy rate8.7 percent plus or minus 5.0
- Owner occupied612 plus or minus 129
- Renter occupied448 plus or minus 126
- Ownership rate57.7 percent
- Median owner-occupied home value$184,900
- Median gross rent, monthly$830
- Annual rent as a share of median income18.9 percent plus or minus 4.7
- Single family units846
- Share single family72.9 percent
- Units in buildings of two or more288 plus or minus 126
- Share in buildings of two or more24.8 percent plus or minus 10.4
- Mobile homes27 plus or minus 20
- Median year structure built1960
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 commute954
- Commuting under 15 minutes509 plus or minus 177
- Share commuting under 15 minutes53.4 percent plus or minus 16.1
- Commuting 30 minutes or more309 plus or minus 112
- Share commuting 30 minutes or more32.4 percent plus or minus 10.3
- Drove alone75.3 percent
- Carpooled12.6 percent plus or minus 9.8
- Public transport0.0 percent
- Walked2.0 percent plus or minus 2.2
- Worked from home10.1 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
SBA loans in Madison (7(a))
- Approvals4
- Gross approval$2,013,700
- Average approval$503,425
- Median approval$541,500
- Largest approval$780,700
- Jobs supported19
- Jobs per approval4.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term200 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Madison, in any county, FY2020 to FY2026. Only 0 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
Flood risk in Madison
- NFIP communityTown of Madison
- NFIP community number370207
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/10/26
The Town of Madison participates in the National Flood Insurance Program as community 370207 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.
Rockingham County, not Madison
Rockingham County context, not Madison figures
- Establishments in Rockingham County1,632
- Covered employment, Rockingham County24,908
- Average annual pay, Rockingham County$45,428
- Housing units permitted, Rockingham County344
Every figure in this section is published for Rockingham County as a whole and is not a measurement of Madison.
All Rockingham County figures →
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, North Carolina?
2,242, in 1,060 households. Madison town covers 3.54 square miles of land, which is 633 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?
Rockingham 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?
$52,593. The median owner-occupied home is valued at $184,900. Median gross rent is $830 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?
4 7(a) approvals totaling $2.0 m since FY2020, across 4 lenders, median approval $541,500. 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 0 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, town of, community 370207, 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 Rockingham 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.
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