Data / Madison, NJ / Profile

Madison, NJ in figures

A profile of Madison, NJ from official statistics: 10 figures in 3 sections, each with its period, its change from a year earlier, its rank among similar places where a ranking exists, and its source.

Figures last updated on 2026-10-12.

People

Population in Madison, NJ was 16,607 in 2025, up 0.8% from 2024, and the 58th highest of 117 cities in New Jersey.

Population16,6072025Up 0.8% from 2024The 58th highest of 117 cities in New Jersey
Median age38.2 years2024Down 0.8 years from 2023Tied for the 34th lowest of 117 cities in New Jersey
Foreign-born population share14.8%2024Down 0.6 percentage points from 2023The 26th lowest of 117 cities in New Jersey
Bachelor's degree or higher, population 25 and over74.1%2024Up 3.4 percentage points from 2023
15.8K16K16.3K16.5K16.8K17K2020202120222023202420252020: 16,912 persons2021: 15,909 persons2022: 16,258 persons2023: 16,491 persons2024: 16,476 persons2025: 16,607 persons15.5K16K16.5K17K2020202220252020: 16,912 persons2021: 15,909 persons2022: 16,258 persons2023: 16,491 persons2024: 16,476 persons2025: 16,607 persons
Population, 2020 to 2025. persons. Source: U.S. Census Bureau, Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals).

Sources: U.S. Census Bureau, Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals); U.S. Census Bureau, American Community Survey 5-year estimates, table B01002: median age, total population, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B15003: population 25 years and over with a bachelor's degree or higher as a percentage of the population 25 years and over, calculated with stored inputs, US cities (incorporated places of 10,000 or more). Population and demography statistics and rankings

Work and income

Median household income in Madison, NJ was $171,471 in 2024, up 1.8% from 2023, and the 15th highest of 117 cities in New Jersey.

Median household income$171,4712024Up 1.8% from 2023The 15th highest of 117 cities in New Jersey
Gini index50.92024Up 1.5 points from 2023The 8th highest of 117 cities in New Jersey
150K155K160K165K170K175K20212022202320242021: 152,346 USD2022: 163,567 USD2023: 168,469 USD2024: 171,471 USD150K155K160K165K170K175K202120242021: 152,346 USD2022: 163,567 USD2023: 168,469 USD2024: 171,471 USD
Median household income, 2021 to 2024. USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B19013: median household income in the past 12 months, US cities (incorporated places of 10,000 or more).

Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B19013: median household income in the past 12 months, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100), US cities (incorporated places of 10,000 or more). Labor market statistics and rankings

Prices and housing

Median home value in Madison, NJ was $943,200 in 2024, up 6.8% from 2023, and the 7th highest of 117 cities in New Jersey.

Median home value$943,2002024Up 6.8% from 2023The 7th highest of 117 cities in New Jersey
Median gross rent (monthly)$2,2532024Up 0.2% from 2023The 18th highest of 117 cities in New Jersey
Homeownership rate (US, housing units)63.8%2024Down 0.4 percentage points from 2023The 47th highest of 117 cities in New Jersey
Housing units authorized by building permits232025, estimatedDown 28.1% from 2024
700K750K800K850K900K950K20212022202320242021: 748,800 USD2022: 844,700 USD2023: 882,900 USD2024: 943,200 USD700K750K800K850K900K950K202120242021: 748,800 USD2022: 844,700 USD2023: 882,900 USD2024: 943,200 USD
Median home value, 2021 to 2024. USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more).

Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, Building Permits Survey: final annual estimates of new privately owned housing units authorized by permit-issuing place, including imputation. Housing statistics and rankings

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

  1. U.S. Census Bureau. Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals). https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-12.
  2. U.S. Census Bureau. American Community Survey 5-year estimates, table B01002: median age, total population, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b01002.dat. Retrieved 2026-10-12.
  3. U.S. Census Bureau. American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b05002.dat. Retrieved 2026-10-12.
  4. U.S. Census Bureau. American Community Survey 5-year estimates, table B15003: population 25 years and over with a bachelor's degree or higher as a percentage of the population 25 years and over, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b15003.dat. Retrieved 2026-10-12.
  5. U.S. Census Bureau. American Community Survey 5-year estimates, table B19013: median household income in the past 12 months, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19013.dat. Retrieved 2026-10-12.
  6. U.S. Census Bureau. American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100), US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19083.dat. Retrieved 2026-10-12.
  7. U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-12.
  8. U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-12.
  9. U.S. Census Bureau. American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25003.dat. Retrieved 2026-10-12.
  10. U.S. Census Bureau. Building Permits Survey: final annual estimates of new privately owned housing units authorized by permit-issuing place, including imputation. https://www2.census.gov/econ/bps/Place/Northeast%20Region/ne2025a.txt. Retrieved 2026-10-12.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

Give me an overview of Madison, NJ with the latest official figures and their sources.
get_place_profile {"place":"Madison, NJ"}
GET https://invokely.ai/api/v1/profile?place=us-place-3442510

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

All statistics for Madison, NJ