Also See: Madison, NJ ZIP Codes & ZIP Code Maps
The Borough of Madison had a population of 16,475 as of July 1, 2020.
The primary coordinate point for Madison is located at latitude 40.7598 and longitude -74.4171 in Morris County. The formal boundaries for the Borough of Madison encompass a land area of 4.3 sq. miles and a water area of 0.01 sq. miles. Morris County is in the Eastern time zone (GMT -5). The elevation is 249 feet.
The Borough of Madison (GNIS ID: 885287) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Alternate Unofficial Names for Madison: Battle Hill, Bottle Hill, South Hanover.
|Total Population||16,475 (100%)|
|Population in Households||14,823 (90.0%)|
|Population in Families||12,286 (74.6%)|
|Population in Group Quarters1||1,652 (10.0%)|
|Median Household Income||$137,819|
|Average Household Income||$199,348|
|% of Income for Mortgage4||22%|
|Per Capita Income||$69,203|
|Total HU (Housing Units)||5,983 (100%)|
|Owner Occupied HU||3,483 (58.2%)|
|Renter Occupied HU||2,221 (37.1%)|
|Vacant Housing Units||279 ( 4.7%)|
|Median Home Value||$731,620|
|Average Home Value||$844,193|
|Housing Affordability Index3||98|
|Average Household Size||2.6|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.08%|
|Per Capita Income||1.38%|
|Owner Occupied HU||0.48%|
The table below compares Madison to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2020 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.
|Total Population||# 67||88th|
|Population Density||# 172||69th|
|Median Household Income||# 72||87th|
|Housing Affordability Index||# 130||24th|
|Per Capita Income||# 74||87th|
|Diversity Index||# 258||53rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.