Madison, NJ Profile: Facts, Map & Data

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Madison, New Jersey - Basic Facts

The Borough of Madison is an incorporated place (Class Code P1) located in Morris County at latitude 40.758 and longitude -74.4178. Morris County is in the Eastern time zone (GMT -5). The elevation is 249 feet.

The formal official name is the Borough of Madison, but most people and references simply refer to it as Madison, New Jersey.

The P1 Census Class Code for Madison indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.

The formal boundaries for the Borough of Madison (see map below) encompass a land area of 4.3 sq. miles and a water area of 0.01 sq. miles.

Alternate Unofficial Names for Madison: Battle Hill, Bottle Hill, South Hanover.

Borough of Madison, NJ Boundary Map

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Also See: BIG Map | Driving Directions | NJ Congressional Districts
Boundary Maps: Morris County | New Jersey Counties

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Madison, NJ Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 16,221
Population in Households 14,492
Population in Familes 12,012
Population in Group Qrtrs 1,729
Population Density1 3,857
Diversity Index2 41
 

HOUSEHOLDS

Total Households 5,608
Average Household Size 2.58
Family Households 3,759
Average Family Size 3

HOUSING

Total Housing Units 5,912 (100%)
Owner Occupied HU 3,597 (60.8%)
Renter Occupied HU 2,011 (34.0%)
Vacant Housing Units 304 ( 5.1%)
Median Home Value $511,022
Average Home Value $610,974
 

INCOME

Median Household Income $109,810
Average Household Income $144,335
Per Capita Income $51,760
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.55% 0.5%
Households 0.52% 0.49%
Families 0.52% 0.5%
Median Household Income   3.73%
Per Capita Income   3.96%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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Madison, NJ - Peer Comparisons by Rank and Percentile

The table below compares Madison to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 65 88th
Population Density1 # 164 70th
Diversity Index2 # 255 54th
Median Household Income # 101 82nd
Per Capita Income # 88 84th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.