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Madison Alabama Real Estate By Jennifer Hershey

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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See Also:

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Arab Alabama Real Estate
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Atmore Alabama Real Estate
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Attalla Alabama Real Estate
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