Madison Alabama Real Estate
Madison, Alabama, is located in Limestone County, 7 miles W of Huntsville, Alabama and 101 miles S of Nashville, Tennessee. Madison has a population of 29,329.
Madison Homes
Madison properties pool is 11,055 residential properties including Madison new homes. Median age of real estate in Madison is 1990. Average Household size is 3.13 people. 1% are one bedroom homes, 8% are 2 bedroom homes, 47% are 3 bedroom homes, 38% are 4 bedroom homes, and 7% are 5+ bedroom homes.
Madison Mortgage Statistics
Madison mortgages vs. USA median statistics
Homes |
Madison |
USA |
Homes With No Mortgage |
10% |
30% |
Homes With Mortgage |
90% |
70% |
First Mortgage Only |
69% |
54% |
First & Second Mortgage or HELOC |
21% |
16% |
Madison Area Real Estate Tax
Madison Real estate Tax: Median Real Estate Taxes (2000) were $626 comparing to 1999 Median Family income $ 74,532. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Madison School District: Children make up 30.3% of Madison population. Madison has 8,884 under 18 years old residents, or 0.56 kids per one worker, or 0.8 kids per one household.
Madison Real Estate & Madison Homeownership
There are 2653.2 or 24% one person households, 3427.05 or 31% two person households, and 1989.9 or 18% three person households in Madison, Alabama. Median residents age is 34.5, Senior citizens (65+) make up 1,618 or 5.5%% of Madison population.
There are 15,935 workers (over 16 years of age) in Madison. Of these, 96.94% drive to work. Approximately 0.11% of workers in Madison take public transportation. An estimated 0.36% walk to work.
Median Madison homeowner's housing expences are 17.7%
Crime in Madison (2003), crimes per 10,000 residents per year
Type of Crime |
Madison |
USA, 2003 |
Violent Crimes |
17.73 |
47.5 |
Robberies |
5.11 |
14.2 |
Aggravated Assaults |
9.55 |
29.5 |
Property Crimes |
362.78 |
358.8 |
Burglaries |
56.6 |
74.0 |
Larceny-Thefts |
287.43 |
241.5 |
Motor Vehicle Thefts |
18.75 |
43.3 |
Invest in Madison Properties
When making a decision about buying real estate in Madison Alabama area, you should consider following statistical data:
Category |
Madison |
USA |
Near Medium City |
Huntsville, Alabama |
- |
Near Large City |
Nashville, Tennessee |
- |
Madison Zip Codes |
35756, 35757, 35758 |
- |
Madison Area Codes |
256 |
- |
White population |
80.15% |
75.1% |
African-American population |
13% |
12.3% |
Asian |
3.51% |
3.6% |
American Indian & Alaskan |
0.63% |
0.9% |
Hispanic (of any race) |
2.3% |
12.5% |
Median Family Income (1999) |
$ 74,532% |
$42,000 |
Population Below Poverty Level |
5.65% |
12.4% |
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